Gentrification refers to the process of renovating and improving a neighborhood or community to attract more affluent residents and businesses, which often results in the displacement of lower-income residents and changes to the neighborhood's character and culture. It typically involves the renovation of older buildings and housing, the opening of new businesses, and an increase in property values, which can make it difficult for long-time residents to afford to stay in the area. Gentrification is often associated with urban renewal and revitalization efforts, but it can also have negative consequences for some members of the community.
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