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Gentrification in Nashville, Tennessee
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Gentrification in Nashville, Tennessee
What Would You Do?
a. https://tntribune.com/gentrification-in-north-nashville/
b. https://scalawagmagazine.org/2018/05/fighting-to-save-a-gentrifying-east-nashville/
c. https://www.reddit.com/r/nashville/comments/eozrga/gentrification_in_north_nashville_the_tennessee/
d. https://www.wkrn.com/news/nashville-2019/gentrification-is-having-mixed-impact-in-east-nashville-neighborhoods/
e. The Tennessean
f. Dr. and Mrs. James E. Haney – Tennessee State University and Fisk University
g. https://fox17.com/news/local/residents-of-nashville-apartments-evicted-over-renovations-new-owners
Ultimately, the question of "Is gentrification good?" is a question of morals and values.
Do you emphasize tradition and family, or youth and newness? Do you believe that others who cannot "pay the way" should move aside for those who can?
What is Gentrification?
Examples in North Nashville
The Effect on North Nashville
- John Henry Hale Apartments at 1813 Jo Johnston Ave
Before: https://www.loopnet.com/property/1813-jo-johnston-ave-nashville-tn-37203/47037-09208007200/
After: https://www.apartments.com/john-henry-hale-apartments-nashville-tn/gbkxs3z/
The Effect on East Nashville
Gentrification: The process of changing the character of a neighborhood through the influx of more affluent residents and businesses.
https://fox17.com/news/local/longtime-north-nashville-neighbors-newcomers-respond-to-gentrification
- Howe Garden Apartments to Eastwood Greene Homes (at 1921 Greenwood Ave)
- The median household income in North Nashville in 2015 was $34,997. Yet, there are condominiums being built on this side of town that cost between $500,000 and $900,000.
- Old homes are being purchased for a fraction of their value before they are torn down and replaced with two or more expensive homes on what was originally one lot
Cons of Gentrification
Pros of Gentrification
- Working class families pushed to the outskirts of the city
- Homes held within generations lost
- "Personality" and "face" of area changed
- Lack of local businesses
- Urban, affordable housing lost
- Practice is predatory and profit-driven
Why does gentrification occur?
- Increased quality of living for residents
- Decreased crime rate
- Increased property value
- Housing made for new residents
- New businesses/restaurants
- Beautification
- Valuable Land
- Property Value
- Accommodations
- Quality of Living