Gentrification

Gentrification refers to the process of wealthier, more affluent individuals moving into previously low-income, working-class neighborhoods, often leading to the displacement of long-time residents and small businesses. As cities become increasingly tech-driven, gentrification has become a pressing concern for the tech community, as it raises questions about the impact of urban development on community character and social equity, making it a critical issue for developers, policymakers, and residents to navigate.