Gentrification (noun)
jen-trif-i-kay-shun
The buying and renovation of houses and stores in deteriorated urban neighborhoods by upper- or middle-income families or individuals, raising property values but often displacing low-income families and small businesses.
gentr(y) ( def ) + -i- ( def ) + -fication; coined by sociologist Ruth Glass (1912–90), German-born British sociologist in 1964
Example sentences
“The gentrification of the neighbourhood was making it impossible for people to buy in their own community.”
