Recent trends in urban renewal in Budapest

Gergély Olt · Adrienne Csizmady · Gábor Csanádi

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Urban Planning and Governance Urban Planning and Valuation Urbanization and City Planning

Abstract

Recent trends in urban renewal in BudapestThis article outlines recent social processes in central Budapest, focusing on social sustainability and gentrification, and presents the potential social conflicts emerging in this area.We examine the recent history of the housing market and areas of gentrification in the city centre.The second part of the article presents the trends and possible long-term effects of real-estate development in the Key words: social sustainability, urban renewal,

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References

1979Toward a Theory of Gentrification A Back to the City Movement by Capital, not People 2019Cities in a World Economy 2008Gentrification and Social Mixing: Towards an Inclusive Urban Renaissance?1987Gentrification and the Rent Gap 1987Gentrification: Culture And Capital In The Urban Core 2004Social sustainability: towards some definitions 2003Super-gentrification: The Case of Brooklyn Heights, New York City 1984Rethinking Gentrification: Beyond the Uneven Development of Marxist Urban Theory

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2011Social sustainability and urban renewal on the example of Inner-Erzsébetváros in Budapest 2014Social sustainability from the perspective of three concepts: human scale, the city at eye-level, and public life

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