Building a Diagnostic Model for the Development Phase of Gentrification in the Original City Centers of the Provinces in Korea

Abstract

Recently, gentrification has occurred not only in Seoul, the capital, but also nationwide in Korea. In other countries such as the United States and Europe, it occurs in various areas such as housing, commerce, and culture, but in Korea, it occurs in most commercial areas. In addition, the resulting social problems are also very serious, and the pace of occurrence and progress is also very fast. The present study was conducted on Korean cities, especially local cities where gentrification occurred due to the government’s urban regeneration project. A system was established to analyze the occurrence phenomenon from a supply perspective and a demand perspective, and to synthesize them to predict the stages that proceed when gentrification occurs by period. Through this, it will be possible to observe and predict gentrification phenomena and respond in advance.

What keeps urban areas from declining? Comparison of before and after effects of the urban regeneration project for the Busan city in South Korea

“…This risk engenders the potential for perpetuating the detrimental cycle of pre-existing urban redevelopment, ultimately eroding urban equilibrium [ 10 , 26 ]. As pointed out in many studies, the problem of ‘gentrification’ wherein the original residents are driven out as a lot of capital is concentrated in the target area due to the implementation of the urban regeneration project, cannot be overlooked [ 18 , 27 ]. In the case of Korea, the gentrification issue is also reported as a serious social pathology, and as a response to this, public intervention such as preferential purchase of land by government and agreement between landlord and tenant is continuing.…”