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Gentrification' and urban gentrification refer to the changes that result when wealthier people ("gentry") acquire property in low income and working class communities.[1] Consequent to gentrification, the average income increases and average family size decreases in the community, which sometimes results in the eviction of lower-income residents because of increased rents, house prices, and property taxes. Taxes paid to the city go up, and the cost of police, fire and welfare services go down. Often old industrial buildings are converted to residences and shops. In addition, new businesses, catering to a more affluent base of consumers, move in, further increasing the appeal to more affluent migrants and decreasing the accessibility to the poor.

  1. Benjamin Grant (June 17, 2003). Urban gentrification is associated with %5b%5bpopulation mobility|movement%5d%5d "PBS Documentaries with a point of view: What is Gentrification?" Check |url= value (help). Public Broadcasting Service.