Gentrification is a term used to describe the process of "replacing" low income or inner city types housing with housing for the wealthy or upwardly mobile. In city planning terms, it is a good thing, a chance to "revitalize" what is often the city core.
Those being replaced often have a different view of the situation. Many times, people who are living in poverty are shuffled to alternative, higher cost, housing away from the city core. The homeless (and those who are newly homeless due to their increased rent and transportation costs) are expected to leave the area.
One of the organizers in this video compares it to the Cherokee Trail of Tears. (A harsh comparison, but one that does its intended job of provoking thought.)
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