Liquor Store Theater: Dancing with Gentrification in post-Bankruptcy Detroit (detroitresearch.org)
Gentrification is the process by which a neighborhood or area undergoes a shift in its demographics and socioeconomic status, typically resulting in an influx of wealthier residents and businesses. This often leads to rising property values, increased rent prices, and a displacement of lower-income residents. Gentrification is often associated with the revitalization and improvement of neighborhoods, but it can also lead to the loss of cultural identity and the marginalization of minority populations. There is ongoing debate about the effects of gentrification and how to mitigate its negative impacts while promoting inclusive urban development.
“Gentrification can be romanticized by hipsters as living on the edge. As they move into the ‘Wild West’ of lower-income neighborhoods, dressed like 19th-century colonials, hipsters often think of themselves as ‘adventurers’ or ‘pioneers’ who are striking out into the urban jungle’s ‘unsettled frontier’…