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Definition English:
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A technique that consists in persuading an owner to sell his property at the lowest cost by showing him that the area has lost its value and that minorities are beginning to settle there (a means often used by real estate agents). (Loose translation from the original: http://traduction.babylon-software.com/anglais/a-francais/) Gentrification: The process of renewal and rebuilding accompanying the influx of middle-class or affluent people into deteriorating areas that often displaces poorer residents. (From: Merriam-Webster Dictionary. Available in: http://bit.ly/2ktwQNK) |