Gentrification and Urban Development

These flashcards cover key terms related to gentrification, urbanisation processes, and economic factors influencing city development.

Gentrification

The process of developing run down areas, leading to increased property values and often displacing lower-income residents.

Urbanisation

The movement of people from the countryside to the cities, often associated with the Industrial Revolution.

Suburbanisation

The process of people moving away from inner cities to suburbs, enabled by improved transport networks.

Counter Urbanisation

The movement of people from urban areas to rural areas, typically for a better quality of life.

Re-urbanisation

The process of people moving back into urban areas after a period of suburbanisation.

Sweat Equity

Investment in property through physical labor and renovation, particularly in run down areas.

Retail Parks

Commercial developments outside of city centers focused on retail stores and shopping.

ICT

Information and Communication Technology, which has influenced urban development and leisure facilities.

Tertiary Economy

A sector of the economy that provides services rather than goods.

Ghetto

A part of a city where a minority group lives, often as a result of economic or social pressures, typically characterized by poverty.

Rental Units

Divided portions of characteristics buildings converted into apartments for rent, often in urban areas.

Rent Gap

The difference between potential land value and actual land value, which can attract investment.

Immigrant Context

The social and economic conditions in urban areas where migrants tend to settle, often leading to the formation of ethnic enclaves.