Predatory loans have been a major issue in gentrification, as they contribute to the displacement of low-income residents and the influx of higher-income residents. These loans are often made to individuals who are unable to pay them back, resulting in foreclosures and the loss of homes. This can lead to the increased presence of wealthier residents who can afford to purchase properties at lower prices and renovate them, leading to the gentrification of neighborhoods. Additionally, predatory len
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Predatory loans have been a major issue in gentrification, as they co…
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Predatory loans
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