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Theoretical Reflections on Gentrification

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This paper theoretically explores gentrification focusing on inner city, central city, urban restructuring, rent gap, developer, displacement, yuppies, urban revitalization, urban renewal, global city, gentrifier, dual city, postmodernity, postmodernism, consumer sovereignty, urban renaissance, and housing market. The causes and effects of gentrification are also complex in terms of scale. While the process is clearly evident at the neighborhood scale it also represents an integral dimension of global restructuring. To explain gentrification according to the gentrifier’s preferences alone, while ignoring the role of builders, developers, landlords, mortgage lenders, government agencies, real estate agents is excessively narrow. A broader theory of gentrification must take the role of producers as well as the consumers into account. A theory of gentrification must explain why some neighborhoods are profitable to redevelop while others are not. What are the conditions of profitability? In addition to local dynamics, gentrification represents a significant historical geographical reversal of assumed patterns of urban growth intimately connected to a wider frame of political-economic change.

Abstract

This paper theoretically explores gentrification focusing on inner city, central city, urban restructuring, rent gap, developer, displacement, yuppies, urban revitalization, urban renewal, global city, gentrifier, dual city, postmodernity, postmodernism, consumer sovereignty, urban renaissance, and housing market. The causes and effects of gentrification are also complex in terms of scale. While the process is clearly evident at the neighborhood scale it also represents an integral dimension of global restructuring. To explain gentrification according to the gentrifier’s preferences alone, while ignoring the role of builders, developers, landlords, mortgage lenders, government agencies, real estate agents is excessively narrow. A broader theory of gentrification must take the role of producers as well as the consumers into account. A theory of gentrification must explain why some neighborhoods are profitable to redevelop while others are not. What are the conditions of profitability? In addition to local dynamics, gentrification represents a significant historical geographical reversal of assumed patterns of urban growth intimately connected to a wider frame of political-economic change.

참고문헌 (32)

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