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Suburbanization caused most wealthy people to move out of the city. As a result, the residential property values in urban areas decreased. With fewer people
Suburbanization caused most wealthy people to move out of the city. As a result, the residential property values in urban areas decreased. With fewer people looking to buy real estate in the city, the better investments were in the suburbs where demand for purchasing a home was high. As property values plummeted in urban areas, real estate investors bought former mansions for very cheap and turned them into luxury apartment complexes for students attending a university nearby. Low-income residents were forced out of the city as property values and investment begin to climb back up in certain areas. This describes the process of ______. Group of answer choices Gentrification. Migration. White flight. Microaggression
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