Regeneration v gentrification? Transforming an area and keeping the social capital: gentrification of Peckham and other black areas

There are some dictionary definitions of regeneration and gentrification. A common interpretation amongst local communities include 'displacement', pushed out of the area through 'social engineering', and/or on grounds of class, race and ethnicity. Research suggests that regeneration of the Peckham Landscape makes it more appealing to new residents. Less police sirens, beautiful shop fronts and street furniture. To the original communities, the loss of social capital means the loss of opportunity and support for local people. Residents who have strong social connections in their community are more inclined to help their neighbours, whether this be business arrangements, a shoulder to cry on, lending money or looking after the kids. This is vital to the health and wellbeing of the community