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Explain the concept of climate gentrification

Explain the concept of climate gentrification

Applications and Investigations in Earth Science (9th Edition)
Applications and Investigations in Earth Science (9th Edition)
9th Edition
ISBN:9780134746241
Author:Edward J. Tarbuck, Frederick K. Lutgens, Dennis G. Tasa
Publisher:Edward J. Tarbuck, Frederick K. Lutgens, Dennis G. Tasa
Chapter1: The Study Of Minerals
Section: Chapter Questions
Problem 1LR
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**Explain the Concept of Climate Gentrification** Climate gentrification refers to changes in real estate markets driven by climate impacts. As certain areas become less desirable due to climate risks such as flooding or extreme weather, people and businesses may move to areas perceived as safer. This can lead to increased property values in these safer areas, often displacing existing, lower-income residents. The concept highlights a socio-economic dimension of climate change, where not only the environment is affected, but also the fabric of communities. Understanding climate gentrification is crucial for developing equitable adaptation strategies. For any graphs or diagrams related to this topic, they might typically illustrate trends such as shifts in property values over time in different regions, or maps showing areas of increased climate risk versus areas seeing investment and population growth.
Transcribed Image Text:**Explain the Concept of Climate Gentrification** Climate gentrification refers to changes in real estate markets driven by climate impacts. As certain areas become less desirable due to climate risks such as flooding or extreme weather, people and businesses may move to areas perceived as safer. This can lead to increased property values in these safer areas, often displacing existing, lower-income residents. The concept highlights a socio-economic dimension of climate change, where not only the environment is affected, but also the fabric of communities. Understanding climate gentrification is crucial for developing equitable adaptation strategies. For any graphs or diagrams related to this topic, they might typically illustrate trends such as shifts in property values over time in different regions, or maps showing areas of increased climate risk versus areas seeing investment and population growth.
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