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Gentrification "Spreads the Wealth" Into Your Neighborhood

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In a political season where the phrase "spread the wealth" has become increasingly popular among the candidates, it would be great if Black America was able to share in the wealth that has accompanied the gentrification movement in urban America over the past 20 years.

I looked up the word "gentrification." The word has origins rooted in the French word genterise, roughly translated to mean "people of noble birth."

With this definition in tow, if the gentrification of urban America is the movement of people of "noble birth" (that is, middle- and upper-class professionals) into inner city communities, then gentrification is a "bad thing" if the Black community can not do two things. ...



1. Leverage the talents and resources of the "noble people" in order to create new opportunities to create Black wealth of resources (e.g., increased job opportunities, better educational avenues and accomplishments, more Black talent infusion); and

2. Become more of the "noble people" that benefit from gentrification.

Of course, the problem inhibiting this movement towards a better position for the Black community is the fact that there is movement of the Black community – namely, as many of the benefits of gentrification move in, much of the Black community often is forced to move out.

Without changing the dynamic, gentrification will remain a cyclical occurrence within the Black community where we are moved like nomads each time land values dictate a potential sound investment opportunity for developers.

So, how do we change the dynamic?

We must be involved in the voting districts that we live in, especially as urban development plans are currently made around us without us in mind. That dynamic must change. We must see to it that we are more involved in planning boards, zoning discussions, and land development proposals that exist in our communities. This will allow us to be proactive in the process rather than being reactive to discussions and decisions that occur without our input.

If we are homeowners and/or land-owners in the areas that gentrification is likely to occur, we must be wiser with our negotiations and decisions as change comes to the neighborhood.

If we decide to stay in the neighborhood, we must position ourselves to ensure that we are capable of providing valuable feedback and influence over the new developments coming into our communities. By knowing the laws, the vision of the city and/or developers, and the history of the area(s) affected, we would be better equipped to save historic areas and aspects of our communities as well as carve out niches within the new developments that we can leverage and/or influence.

If we decide to sell and leave the area, we must negotiate prices closer to the potential future land values that our land will command after new development is complete, not settle for the current value. That is the benefit of urban revitalization for investors – buy land at low values and create high-value properties afterward. As smart capitalists, we must make sure that these deals benefit us as much as possible as well. If we are going to create Black wealth as a result of gentrification/urban revitalization, we must make sure that the subsequent wealth created touches a maximum amount of people, including those that no longer live in revitalized areas.

Even if we are not homeowners and/or land-owners, we still have an opportunity to benefit from gentrification should we be forced to endure it. For example, any move by governments of cities or towns to move one set of the population out of an area for the "benefit of urban revitalization" must be politically accompanied with dedicated, premeditated focus on destination schools, crime prevention efforts, and job opportunities. Initiatives such as job fairs in the new area would allow for those affected by gentrification to have opportunities to benefit from the revitalization of the area even if they do not remain residents.

Again, this takes regular political activism at the polls and in the government meetings to make sure that the wealth created from revitalization touches everyone impacted by new urban development. By not doing this, cities and towns merely move a challenged area to another geographic location. The pattern stays cyclical.

As long as Black people continue to be highly impacted by revitalization efforts as displaced residents without strengthening their political, legislative, and economic standings to change the dynamics, "urban revitalization" will continue to be synonymous with gentrification for Black people. If so, we will continue to get the short end of the stick. Once we begin to influence these new developments at a higher level, Black communities will find that we can benefit from revitalization and, eventually, be leaders during these societal changes as well.
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Lenny McAllister is the Political Guru for Fox News - Charlotte and blogs the Republican side of the election for BlackVoices. He is a frequent contributor to The Charlotte Post and The North Carolina Conservative.

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