low-income

The multifaceted problem of Gentrification

By: Daniel Salcedo Rubio Gentrification is a seemingly unstoppable phenomenon taking place in cities across the world, from North American cities like Vancouver or my home, Mexico City, to East Asian cities like Tokyo and Seoul. Gentrification is a complex sociocultural and economic process where “wealthy, college-educated individuals begin to move into poor or working-class communities, often originally occupied by communities of color.” In theory, investing in communities and neighbourhoods that have been historically neglected resource-wise sounds like a fantastic initiative. More often than not, it will actually cause displacement of marginalized groups, furthering their economic and social disenfranchisement. There…

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