ANSWER
Gentrification is the term which refers that when rich people starts to help poor people by giving houses,stores in other place for that they have to move because they can't afford it by themselves.Gentrification of New York is when the richest persons in urban areas helping to poor people who can not afford by giving them new residential areas somewhere else actually they are changing neighborhood.Gentrification is the method in which rush of rich people changes the area and increases the property value of that particular area and rent and its culture as well of New York.
ADVANTAGES
-it gives to the people improving life style that will lead increase the quality of life.
-it lowers the rate of crime
-it decreases the rate of illiteracy.
-it increases the rate the standard of education
-increases income of government & businessman
-new people get everything there in affordable prices.
DISADVANTAGES
-gentrification is a political term used in good way and bad way
-it makes people to move that not good for every some people not able to afford
-it doesn't give proper value to them for their places
-people loss their identity
-it gives ill feeling to the people because of loss of their property
-they find loss of business because of entry of expatriate because they have good standards business
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