publication . Article . 2011

Social sustainability and urban renewal on the example of Inner-Erzsébetváros in Budapest

Gábor Csanádi; Adrienne Csizmady; Gergely Olt;
Open Access
  • Published: 01 Jan 2011 Journal: Society and Economy, volume 33, issue April, pages 199-217
This article outlines recent social processes in central Budapest — Inner-Erzsébetváros, focusing on social sustainability and gentrification, and presents the potential social conflicts emerging in this area. We examine the recent history and trends and possible long-term effects of real-estate development in the research area. The article concludes that the gentrification events in central Budapest could be a warning signal of future social displacement and social exclusion.
free text keywords: social sustainability, urban renewal, gentrification, city centres, housing market, jel:Q01, jel:R58, jel:R31
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