Gentrification case study Flashcards
What were the aims
No plans for the area
Individuals/ property companies aim either to provide a desirable home accessibility to central London or to sell at a profit
Who were the decision makers
Individuals and/or property companies
The process
1- urbanisation and large multi storey dwellings built for urban classes in Vic times 1850-1900
2- then suburbanites occurs which means that these areas are now surrounded by newer less expensive properties
3- inner urban areas undergo urban decline in the 20th century as population and jobs decline
4- large multi story dwellings are broken up into flats and bed sits as these are now in the most deprived parts of city
5-rapidly rising house prices and a desire to reduce commuting times creates a demand for larger family properties in inner urban areas
6- affluent individuals/ property developers buy dilapidated properties w the aim of living or selling it to make a profit as house prices continue to rice
This process continuing is gentrification
Socio economic positives
Council tax revenue rises as area looks better so property value goes up and the higher the value of property the more council tax you pay
Residents have a greater variety of services such as restaurants and food shops
The performance of local primary should improve
More graded good or outstanding as less materially deprived kids and parents values
Environmental positives
Local environment is improved
The area looks smarter- Street furniture and property looks better
Negative socio economic effects
Typical 4 bed house would cost around £4 mill
Many people couldn’t afford this
Traditional corner shops lost as people travel to supermarkets
The community may become polarised- wealth gap
Traditional community spirit is lost as the people do not unify due to living different lives
Negative enviro effects
None
Overall evaluation
A success for wealthy outsiders but a disaster for local people
Where was this
Notting Hill London