Gentrification: Does it work for all?

It’s called gentrification - a neighbourhood changing from poorer to wealthier, often pricing out residents and transforming its social fabric. It’s happening in cities across the world and is often criticized, but can it be a force for social good?
Rob Pearson
Executive Director, Nexus Planning
Javie Huxley
Campaigner, Save Latin Village
Elena Besussi
Teaching Fellow, The Bartlett School of Planning
King Williams
Filmmaker, ‘Atlanta Way’
Roundtable is a discussion programme with an edge. Broadcast out of London and presented by David Foster, it's about bringing people to the table, listening to every opinion, and analysing every point of view. From fierce debate to reflective thinking, Roundtable discussions offer a different perspective on the issues that matter to you. Watch it every weekday at 15:30 GMT on TRT World.
#gentrification #regeneration #housing

[@justathought2980]

And the race card always has to get pulled. Gentrification is about anyone who's poor having to move out

[@LawrenCharles]

Gentrification is good because it's makes bad neighborhoods good and safe to live. Better neighborhoods attract people who want to live in such a place and with that comes increased demand. Prices naturally go up. Some people won't be able to afford it. That's just normal supply and demand economics. To ensure every poor person can stay someone would have to take less than what the market would bear. Developers and invested are in business to make a profit so governments and nonprofits would have to subsidize those housing units, but that won't help small businesses whose rents go up - unless they find ways to subsidize them as well. Cities change. That's life...

[@jamesmichael9820]

It's bad, it's not culture, rich people shitting on the poor.the world is not heaven.why not have the cities mix .racism at it's highest

[@shaunyb2011]

What rubbish, try telling that to the locals.
Have you not seen the tension it brings to these communities?
the whole 'it makes bad neighbourhoods good and safe to live' is played all the time but all that happens is that the people who are then being ushered out are then placed into different areas to then continue on as they were before ,is that really the answer?
the new wave of people coming in for the most part have no intention of integrating with the locals and do nothing but cause a divide in the area i've seen this numerous times, they deep down know they are out of place..

[@LawrenCharles]

@@shaunyb2011 doesn't matter. The owners of the properties can do what they want with their properties. Everyone who owns real estate wants to get as much as the market will bear to generate the highest return on their investment. That's reality.
Neighborhoods change. The people who move in bring their own cultures with them. That's their right. They may or may not want to assimilate into the existing culture.
The only way for those who cannot pay market rate to be able to stay is if government or nonprofits subsidize them - either by providing public housing or making up the difference between what people can pay and market rates, such as Section 8 vouchers.

[@Kroke_Monster]

@@LawrenCharles I don't think there is an issue of arguing whether or not it being market orientated gentrification is correct or not or let alone assimilation/ integration of cultures but instead forced displacement of previous locals but without being provided options to live in places thereafter to maintain their previous lively hoods as they are forced out to new area were their lives are totally different if not, not even comparable and that is viewed as form of injustice. but one component of the arguement I do find interesting is that how comes these areas prior to Gentrification were so run down or more correctly allowed to fall into disrepair and decay not improved through services to the local population but only in conjunction with the gentrification of that locale and how the arguement centres around the failure of (I assume) government institutions to provide those services and amenities, that rather in it self seems like an interesting academia paper itself.
I am currently looking at state-led gentrification of social housing as that removes the 'economic' market led factor of gentrification exposing possible corruption of councils not serving their duty of maintaining and keeping social housing instead in favour of gentrifying the area, and so on, theres a lot more to add and I've found it very interesting sub-subject on gentrification along the way.

[@MidnightRambler]

It's attacking the working class for the tax base.