Meaning of the word gentrification in English

What does gentrification mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

gentrification

US /ˌdʒen.trə.fəˈkeɪ.ʃən/
UK /ˌdʒen.trə.fəˈkeɪ.ʃən/
"gentrification" picture

Noun

1.

the process of renovating and improving a house or district so that it conforms to middle-class taste.

Example:
The rapid gentrification of the neighborhood led to increased property values and displacement of long-term residents.
Critics argue that gentrification often destroys the unique character of working-class areas.
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