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Gentrification is a process of urban renewal and revitalization where a low-income, working-class neighborhood is transformed into a middle or high-income community. This process typically involves the influx of wealthier residents or businesses, leading to the displacement of the original residents and changes in the area’s cultural and social fabric. While gentrification can bring economic growth and aesthetic improvements to a neighborhood, it can also lead to inequalities, social tensions, and loss of community identity.
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