Lecture 12 Outline of Last Lecture V. VideoVI. New Urbanism AssignmentVII. New Urbanism/Sprawl DiscussionOutline of Current Lecture I. Voices From Cabrini Green- movieII. GentrificationCurrent Lecture“Voices From Cabrini Green” -movie1. What is gentrification?-replacing lower income housing with higher income housing SOA 240 1st Edi-tion-even if you own the house, your property tax will rise2. Why was the area of Cabrini Green a target for gentrification?-it’s a very desirable place where people want to live-crime rates needed to be addressed-vulnerabilities-high land value-high rate of renters-proximity to gold coast-lack of political capital to fight Chicago Housing Authority3. What are the positive and negative effects on the community?These notes represent a detailed interpretation of the professor’s lecture. GradeBuddy is best used as a supplement to your own notes, not as a substitute.4. Is gentrification a benefit to the community or not?What is Gentrification?-fairly new-starts in 1950s-process of neighborhood change-lower income replaced by higher income-often see reduction in proportion of racial minorities-inner-city neighborhood-result of city “revitalization” projects-areas is rehabilitated/redeveloped-property values rise dramatically-increase rent and property tax-middle/upper class individuals solicited-long standing residents either forced or encouraged to relocate-characterized by several changes...-demographics-real estate markets-land use-culture and characterImpact on Community-positive:-reduced crime-new investment in buildings and infrastructure-increased economic activity in neighborhoodsVictim of Own Success-upward spiral of desirability, increasing rents, property values erodes quali-ties that began attracting new people in the first place-renters are most vulnerable to displacement compared to
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