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Gentrification vs Revitalization: How We Can Create Social Equity Through Responsible Real Estate Development

Gentrification vs Revitalization: How We Can Create Social Equity Through Responsible Real Estate Development

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Please Note: We have listed this article course as a flipbook on this page. It is for those interested in auditing the course/lesson. Please enroll in the course or get a Platinum membership and access all our courses at your leisure. This way you can report this course for Continuing Education (CE) or need a certificate. Enrolled students must take and pass the short quiz in order to earn CE credits. In addition, this course needs to be self-reported. Self-reporting information will be accessible once you complete the Quiz.

As the population grows and the economy blossoms, real estate development is inevitable. Developers build new structures and remodel existing buildings. People search for affordable housing near their jobs. However, things aren’t that simple – many communities of color exist due to historical conditions that forced them into certain areas. As people and developers encroach on their space, there’s an unavoidable shift. It is this moment that provides a unique opportunity- the neighborhood can either be gentrified or revitalized. This article takes a deep dive into each process, the history behind them, and how we can move forward in a better, socially equitable way.

 

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