1. Koreatown and Housing
... of gentrification. By studying the region, we see how Koreatown's economic growth led it to having a variety of professional businesses and offices, upscale malls, karaoke clubs, and bars, pulling more upper and middle income people to the area. This can explain why property values of formerly cheap housing have risen. Like the new mixed businesses in the area, Koreatown's mixed income ... and income disparity reflects the inward movement of upper income residents, showing how gentrification is occuring in Koreatown now. Koreatown, Los Angeles has recently experience significant changes....
- Word Count: 1603
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate