AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Three Cheers for "Gentrification".

The American Enterprise

| April 01, 2001 | Duany, Andres | COPYRIGHT 2001 The American Enterprise, a national magazine of politics, business and culture (TEAmag.com). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

These days, whenever more than a handful of middle-income people move into a formerly down-at-the-heels neighborhood, they are accused of committing that newest of social sins: "gentrification." This loaded term--conjuring up images of yuppies stealing urban housing from rightful inhabitants--has become embedded in the way many activists understand urban evolution. And the thinking behind it has become a serious obstacle to the revival of American cities.

"Affordable" housing isn't always what cities need more of. Some do, but many need just the opposite. For every San Francisco or Manhattan where real estate has become uniformly too expensive, there are many more cities like Detroit, Trenton, Syracuse, Milwaukee, Houston, and Philadelphia that could use all the gentrification they can get. The last thing these places ought to be pursuing is more cheap housing.

Gentrification is usually good news, for there is nothing more unhealthy for a city than a monoculture of poverty. As Reuben Greenberg, the African-American police chief of Charleston, South Carolina, has said, "Urban problems are caused not by poverty, but by the concentration of poverty." Gentrification rebalances a concentration of poverty by providing the tax base, rub-off work ethic, and political effectiveness of a middle class, and in the process improves the quality of life for all of a community's residents. It is the rising tide that lifts all boats.

Opposition to gentrification often starts from the assumption that it is artificially induced, and controllable. But with few exceptions, neither of those things are true. There have been a few examples where the power and resources of governments were used to try to force revitalization of decrepit parts of cities. Two famous examples are the harbor area of Baltimore and the West Side of Manhattan. In Baltimore, the city created a multitude of entertainment, sports, and cultural venues at Baltimore Harbor. In New York, the catalyst was the building of Lincoln Center in the early 1960s. But in those places, and other cities as well, force-feeding gentrification was expensive, slow, and only partially successful. So induced gentrification has been rare.

By contrast, examples of spontaneous gentrification--improvement that takes off without municipal intervention--are legion. New York has undergone a continuous sequence of these, beginning with Greenwich Village and proceeding to SoHo and all the subsequent Hos. Elsewhere around the country, it is hard to believe today that the real estate of Georgetown, Beacon Hill, Charleston, Santa Fe, or Nob Hill was ever down; but so it was, before spontaneous gentrification. South Florida, in just 20 years, has witnessed the gentrification of Coconut Grove, Miami Beach, and the scrappy old town of Key West. Each of these transformations was driven not by planners but by individuals discovering the excellent urban qualities of the place. The government caught up later, sometimes trying to take credit, often interfering with the natural cycle.

Spontaneous gentrification begins surreptitiously, when a first wave of poor but savvy pioneers discovers the urban allure of a hitherto decrepit area. These are usually students, artists, gays, and other self-marginalized social groups. Such folk have been characterized by sociologists as the "risk-oblivious." With their creativity and sweat they demonstrate that old lofts and townhouses are habitable, indeed charming. They transform ratty bad-food joints into ratty good-food joints. This first wave produces social more than economic or physical gentrification.

By the time the corner stores are stocking olive oil, the area is noticed by a second wave, characterized as the "risk-aware." These people are able to invest in renovation not just with sweat equity but financially. They expect to secure loans, and therefore must satisfy the building codes and permits that the first wave probably ignored. The second wave includes a group that is pervasive among baby boomers: individuals who affect the bohemian lifestyle while holding secure jobs. This cohort is an economic but not necessarily a physical gentrifying force. They like the place to look rough and edgy, even as it becomes more expensive.

Related articles from newspapers, magazines, journals, and more
Real Estate Connect 2004 Taps Into Online Real Estate Rebound; Information and...
Press release article from: PR Newswire June 9, 2004 700+ words
...business models in recent years, online real estate is reemerging with a fresh outlook that...driving consumer interest in online real estate. With more than 70% of home buyers...into the momentum surrounding online real estate at the 10th Real Estate Connect (http...
Top 25 real estate investment trust funds ranked by assets.
Magazine article from: Investment News December 17, 2001 700+ words
Top 25 real estate investment trust funds ranked by assets...REIT Index Vanguard Group 3. Fidelity Real Estate Investment Fidelity Group 4. Morgan...Institutional Morgan Stanley U.S. Real Estate A Institutional Funds 5. Frank Russel...
Real Estate Industry's Most Comprehensive U.S. Investment Forecast Unveiled.
Press release article from: Business Wire December 5, 2005 700+ words
DES MOINES, Iowa -- Principal Real Estate Investors, Real Estate Research Corporation, and CBRE/Torto Wheaton Research...expectations in Expectations & Market Realities in Real Estate: 2006, In Search of Global Balance Investors in...
Real Estate's Coming of Age Spreads to the Global Stage, but Requires...
Press release article from: Business Wire November 28, 2006 700+ words
Principal Real Estate Investors, Real Estate Research Corporation, and Torto Wheaton Research present Expectations & Market Realities in Real Estate: 2007 - No Stone Unturned, the Global Search for Real Estate...
Real Estate Partners Purchases 576-Unit Apartment Community for More Than $30...
Press release article from: Business Wire April 29, 2005 700+ words
IRVINE, Calif. -- Real Estate Partners Inc., a dynamic real estate investment and management services company specializing...Irving, Texas. With this recent acquisition, Real Estate Partners now owns and manages more than 5,000...
Corporate Real Estate: A Q&A Guide To Corporate Real Estate Law In Brazil.
News wire article from: Mondaq Business Briefing Hohn, Christiane Scabell Moreira, Cristiana March 14, 2007 700+ words
...and Cristiana Moreira The corporate real estate market 1. What have been the main trends in the real estate market in your jurisdiction over the...been the most significant deals? The real estate market in Brazil is flourishing. The...
Real Estate and Business Leaders Share Vision and Projections for Colorado; CU...
Press release article from: PR Newswire February 25, 2004 700+ words
...25 /PRNewswire/ -- Local and national real estate experts are gathering today to discuss the current and future state of Colorado's real estate industry at the 2004 CU Real Estate Council's Annual Conference. Denver Mayor...
Real estate forecast 1990: getting back to basics.
Magazine article from: Buildings Sraeel, Holly January 1, 1990 700+ words
Real Estate Forecast 1990: Getting Back to Basics The real estate craze of the 1980s -- which spawned a vast number...The 1980s were indeed glory days for the commercial real estate industry. Three factors paved the way for the flood...
For more facts and information, see all results

Source: HighBeam Research, Three Cheers for "Gentrification".

©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA