A critical analysis of two conflicts associated with the displacement resulting from gentrification in Santiago, Chile, reveals that this displacement affects both the urban poor and the middle classes and that the common adversary is the real estate sector. The subjective experience of the groups involved can be understood in terms of the concept of territorial disqualification, a threat both to their positions in the social structure and to the recognition of the identities, personal and collective, that have been constructed about particular neighborhoods. The subject defended in struggles against territorial disqualification is the community. While class positions, specific demands, and territorial claims differ significantly, the structural framework in which neoliberal urbanism develops makes possible a confluence of class organizations that are susceptible to generating interclass strategies of opposition.