Gentrification
A) is the process by which lower-class people move into deteriorated middle-income neighborhoods and subdivide the housing.
B) allows lower income families to remain in their homes through public subsidies.
C) is the process by which upper-class people move into deteriorated middle-income neighborhoods and subdivide the housing so that lower-income people can move in.
D) is the process by which middle-class people move into deteriorated inner-city neighborhoods and renovate the housing.
E) has almost no influence on housing prices and taxes.

Question

Quizplus · Accepted Answer

Gentrification is the process by which middle-class people move into deteriorated inner-city neighborhoods and renovate the housing. This leads to an increase in property values and generally attracts more affluent residents, causing displacement of lower-income residents who can no longer afford the housing costs.