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Episode 4: The Gentrification Scam in New York
Manage episode 375636590 series 3501425
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Gentrification is a process of urban development where a previously working-class or low-income neighborhood is transformed into a more affluent and expensive one, often through the influx of more affluent residents and businesses. Gentrification leads to an exodus of longtime residents who can no longer afford to live in areas where they were born and raised, because the cost of housing skyrockets and forces them out. However, gentrification can be driven by a variety of factors, including economic changes, government policies, and shifts in social attitudes. I look at the history of Gentrification in New York and discuss my opinion of the area of Buswick in Brooklyn that is the latest ethnic area to be gentrified.
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