Gentrification is defined as a process that deteriorating and blighted neighborhoods undergoes revitalization through reinvestment in its physical, social and economic assets. Gentrification is often associated with higher property values, and the displacement of at least some of the original lower income residents (Wikipedia, Gentrification).
Land acquisition is defined as obtaining a land through purchasing, donation, exchange and transfer. Purchasing a land might happen as the result of (1) compulsory purchase, or (2) Incentive-based purchase or (3) just regular purchase. Through land use planning, priorities for investments in urban development can be determined (Jha, K, et al, 2013). Land acquisition goals and objectives lay the foundation for the land management strategies. Land acquisition is the most complicated step to take to achieve urban renewal or gentrification goals (Housing Policy.org). This paper presents the results of a research on gentrification and land acquisition policies and strategies, and focuses on presenting a classification, a review and an analysis of existingincentive-based land use policies and strategies and changes in the trends of using a particular policy or strategy in the process of gentrification.
