What are the potential effects of urban renewal on economy

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Chambliss discusses the efforts to revitalize the economically distressed urban core in several major cities. What are the potential effects of urban renewal and gentrification on the economy and current residents of the neighborhood?

How can urban renewal be balanced with the needs of the residents who may be displaced? For those who have lived in a city, do you have examples that support or contradict the description of urban renewal from the reading?

Reference no: EM131459506

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