The cost of gentrifications is both socially and financially. Gentrification is the process to assist the central urban areas which experienced depression and disinvestments to have a redevelopment, reconstructions, and the migrations of the well-off populations. Even though gentrifications can allow a city to increase the diversity of populations, attract new populations, and redeveloped, it brings significant problems (Lees et al., 2013). The original inhabitants may be forced to move out of the area because the cost of housing will rise. The black community and poor people pay the costs as are they are the most affected because most of them are generally low-income earners. With gentrifications, white people shall occupy the houses which the black people occupied before (Onika, 2015). Those who benefit from the gentrification are the high-income earner and are the white people in most cases.
There is a relationship between gentrification and racial inequality. The white gentrifies gain more in the rental developments linked with gentrifications. Research must acknowledge the outcome of gentrifications depends on gentrifies racial compositions. Gentrification is a reflection of systematic inequity and individual inequality. The scholars know little about if gentrification's racial compositions affect the impacts of gentrifications. Less quantitative studies compare the impact of gentrifications across the various racial groups and those that limit the results of the housing interests. A study was done using retailers from over 500 US cities from 2000 to 2010 (White et al., 2014). The results were that retail developments were low in the neighborhoods gentrified by blacks compared to the whites. The white gentrifies benefit from a disproportionate quantity of the retail development that is linked with gentrifications.
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In conclusion, there is a significant relationship between gentrifications and racial discrimination. The races of gentrifications invade the relatively poor areas, potentially impacting the spatial separations of the social groups.
References
Lees, L., Slater, T., & Wyly, E. (2013). Gentrification . Routledge.
Onika (2015, December 18). A Short Documentary on Gentrification [Video]. Youtube. https://www.youtube.com/watch?v=tJha0BL5P8U
White, S. K., White, J. M., & Korgen, K. O. (Eds.). (2014). Sociologists in Action on Inequalities . Sage.
