![]() ![]() The Bay Area has become the second densest urbanized area in the country after Los Angeles. Land values and housing prices increased dramatically, as did the pressure for property owners to get the most out of rents on urban spaces. New people moved in to work for these companies and replaced the pre-existing residents. One case of extreme gentrification is the Bay Area in California, which is undergoing a radical makeover due to the rise in technology companies replacing old industries and jobs. Gentrification occurs where land is cheap and the chance to make a profit is high due to the influx of wealthier wage earners willing to pay higher rents. “Disinvested” in this context means areas that businesses and governments have abandoned-where there has been little new development or maintenance of existing buildings or institutions. Many anti-displacement activists define gentrification as a profit-driven, race, and class change of a historically disinvested neighborhood. There are many definitions for gentrification, which can make discussions about development and displacement confusing. ![]() Renovated former tobacco warehouses near downtown Durham, North Carolina ![]()
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