Booming cities such as Atlanta leads to many economic investments around the city, some good, some only benefiting a handful of the population.
Gentrification leads to many things. It can create positives for a blossoming local economy, but
rapid and unchecked gentrification does have numerous drawbacks.
The gentrification of various Atlanta neighborhoods has led to increased costs of living in these
neighborhoods, which leads to; higher rents, inflated land values, higher taxes, and eventually,
people economically pushed out of their communities.
The effect has led to decreased affordable housing, which leads to less affordable housing
inventory, and an increased number of vacant properties.
It is then that investors come in, buy these empty lots to redevelop into unaffordable houses,
condos, and apartments.
The last change to these areas is to rename them like a piece of newly colonized America.
The gentrification in this city has caused uneven access to capital, while politically and
economically displacing these communities.