[scarby2]

Specific to London but there were a lot of working class home owners who bought under the right to buy schenlme who have benefited hugely from gentrification (not just from increased home prices but from lower crime, better schools etc).

Also a lot of non-market housing being rented, all those people also benefit.

[Retric]

Sure a small percentage of displaced people benefit significantly. That’s offset by those who simply see higher rent then get forced to relocate to a less desirable location further from work / family/ etc.

Poor areas have few people with the knowledge/ resources to really leverage gentrification which is why they are living in poorer neighborhoods to begin with. So the average outcome may be a slight improvement due to the major winners, but the median outcome is likely a net loss.