Does regenerating an area benefit everyone?

Updated
Tottenham, One Year After The London Riots
Tottenham, One Year After The London Riots

Regeneration of an area usually means more housing, better amenities and a general 'cleaning up' of an area. If regeneration is being talked about it is usually safe to say the area isn't the nicest place.

Regeneration is exactly what is happening where I live in Tottenham but instead of being welcomed with open arms our local paper is carrying news of angry shopkeepers bemoaning the money being invested.

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