Social sustainability and urban renewal on the example of inner-erzsébetváros in Budapest

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 dev...

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Bibliographic Details
Published in:Society and economy 2011-04, Vol.33 (1), p.199-217
Main Authors: Csanádi, Gábor, Csizmady, Adrienne, Olt, Gergely
Format: Article
Language:English
Subjects:
Cities
Downtowns
Ecological sustainability
Economic development
Environmental interactions
Family and social welfare
Gentrification
Real estate developments
Residential buildings
Rural and urban sociology
Social development
Social impact
Social sustainability
Society
Studies
Sustainable cities
Sustainable development
Sustainable economies
Urban renewal
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Summary: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.
ISSN:1588-9726
1588-970X
DOI:10.1556/SocEc.33.2011.1.14