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Regulations

Viewpoint – The Widespread Benefits of Gentrification

Gentrification is a process whereby middle-class families and young professionals establish themselves in working-class urban neighbourhoods. By no means unique to Montreal, this process has generated some resistance on the part of anti-gentrification activists, some of whom have resorted to violent means in the belief that they are being displaced. Yet gentrification is a widespread phenomenon that yields largely beneficial outcomes for everyone—including the poorest members of society—and whose negative effects can be mitigated by sound economic policy.

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