Almagro Neighborhood, Resilience and the Random Speculation about Poverty in Relation to Gentrification

Randomly and causally, neighborhood groups who resist the gentrification are concealing contemporary-traditional habitats in which the infrastructure decline would eventually result in a passive speculation. Homeowners who are hindered to exploit their assets find an opportunity to remain in their homes due to the scarce real estate offers and become reluctant to run small businesses due to the intermingled property rules/regulations. In order to provide a qualitative outline of the lifestyle allowing their isolation amidst the Latin-American phenomenon of gentrification, the Almagro neighborhood in La Serena, Chile, is studied under an ethnographic monographic inquiry. Based on theories of spatial occupation and social relations, together with land speculation data, the discursive topics are articulated and construed by using meanings common to the ethnographic work partitions, thus avoiding the generalizations derived from the interviews. The current resilience in Almagro neighborhood rearranges the traditional uses of its locations and stresses a socially appropriate time-space habitat, with urban coexistence values different from those of an economic model reluctant to the geographic anchoring of the capital.

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