Boston Seeing Rise In Gentrification

Boston Seeing Rise In Gentrification

Boston is known for its old-rich families who guarantee the financial legacy of their descendants through trust funds. But nowadays, gentrification is being experienced too, meaning low-income high-crime neighborhoods in Boston are seeing an influx of investments by wealthy migrants who can afford to fix up the run down buildings. However, this means that low-income residents can no longer afford to live there and move away to less low-rent neighborhoods.