Summary
Contents
The SAGE Key Concepts series provides students with accessible and authoritative knowledge of the essential topics in a variety of disciplines. Cross-referenced throughout, the format encourages critical evaluation through understanding.
Written by experienced and respected academics, the books are indispensable study aids and guides to comprehension.
Key Concepts in Urban Studies:
Clearly and concisely explains the basic ideas in the interdisciplinary field of urban studies; Offers concise discussions of concepts ranging from community, neighbourhood, and the city to globalization, the New Urbanism, feminine space, and urban problems; Constitutes a re-examination of the key ideas in the field; Is illustrated throughout with international examples; Provides an essential reference guide for all students and teachers across the urban disciplines within sociology, political science, planning and geography.
Gentrification
Gentrification
This process involves the inflow of capital investment into the real estate of an already existing place in the metropolitan region whose values are depressed. Gentrification, which is a kind of urban renewal, is related to the decay of place. Both are cycles of capital investment in urban real estate. The process arises from the decisions of property owners not to invest in places when they are located in depressed areas of the city. As one observer remarks:
‘The housing market tends to sort the population by income into different areas. Racism may add another type of sorting. If an area is increasingly filled by lower income residents, landlords have an incentive to not maintain their properties. If they were to invest in upgrades, they'd need to charge a higher rent to make this a ...