THE IMPACT OF GENTRIFICATION ON URBAN COMMUNITIES
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https://doi.org/10.8224/journaloi.v73i4.933सार
Gentrification is a multifaceted phenomenon that has become a significant urban issue in cities worldwide. It refers to the transformation of neighborhoods through the influx of higher- income residents, often displacing lower-income populations. This paper examines the impact of gentrification on urban communities, focusing on both the positive and negative effects. On the one hand, gentrification can lead to improvements in infrastructure, amenities, and economic opportunities for the area. On the other hand, it often results in the displacement of long-term residents, increased cost of living, and the erosion of local culture and identity. By analyzing case studies from diverse urban settings, the paper aims to provide a comprehensive understanding of how gentrification reshapes communities, with particular emphasis on socio- economic dynamics, housing affordability, and the challenges faced by marginalized groups. The findings underscore the need for policy interventions that balance development with the preservation of community integrity and inclusivity.