Urban gentrification is a multifaceted socio-spatial phenomenon, frequently misconstrued as simple economic revitalization. Fundamentally, it involves the reinvestment of capital into historically disinvested urban neighborhoods, which precipitates a significant shift in the demographic and commercial composition of the area. This process is typically initiated by an influx of more affluent residents, drawn by factors such as proximity to central business districts, distinctive architectural character, and the availability of cultural amenities. The resultant escalation in property values and rental costs, however, generates profound consequences for incumbent populations. The primary negative externality associated with gentrification is the displacement of long-term, often lower-income residents who are unable to absorb the increased cost of living. This displacement is not merely residential but also cultural, as established social networks and community institutions are systematically eroded. Scholars argue that this erosion constitutes a significant loss of social capital, undermining the community cohesion that provides residents with support and a sense of belonging. Consequently, while proponents may highlight enhanced tax revenues and improved infrastructure, critics underscore the resultant socio-economic stratification and the homogenization of urban culture. The central policy dilemma, therefore, remains how to encourage urban renewal without exacerbating inequality, a task that involves balancing economic development with social equity, a challenge that has proven exceptionally formidable for urban planners.