Jim and milly are one of ten couples who have decided to buy and restore an older house in a deteriorated urban neighborhood. jim and milly are part of a movement referred to as

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Mercle

Business

6 April, 13:43

Jim and milly are one of ten couples who have decided to buy and restore an older house in a deteriorated urban neighborhood. jim and milly are part of a movement referred to as

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Alannah Sanders · Answer 1

The answer to this question is referred to as Gentrification.

Gentrification is the way of renovating a house in order to be in-lined with the middle class family. Gentrification is also a way of increasing of growth of the economy. Because of gentrification, the residents who are living in a certain area that is being renovated, the residents will benefit with new infrastructure and with the cleaner surroundings.