1.3.5 gentrification - created from Mind Map

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winners & losers

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

urban examples

rural examples

winners: middle class

losers: low income locals

losers: those who grew up in the area who can no longer afford to live there

houses/district are suited to middle class taste

as the value of the area increases, those earning minimum wage cant afford the higher prices of the services

bricklane, london

boxpark, Shoreditch

old brewery renovated into a vintage market

food and retail park made out of refitted shipping containers

abbess roding, essex

Middle class gentrifies 70% of our villages

barn conversions

house prices have risen 21% since 2019

average house price- £800 000

increased value - expensive