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gentrification
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   Also found in: Dictionary/thesaurus, Financial, Idioms, Encyclopedia, Wikipedia 0.02 sec.

gentrification

The movement of higher social or economic groups into an area after it has been renovated and restored. This may result in the outmigration of the people who previously occupied the area. Often the classification of an area as a conservation area encourages gentrification. It is one strategy available to planners in urban renewal schemes within the inner city.



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They've had many ups and downs, but now it's up and coming.
 
 
 
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