Urban restructuring is changing the face of many Western European cities. Old, relatively cheap dwellings are being demolished and replaced by new, more expensive ones. The spatial effects of this process have been extensively studied, but little is known about the residents who are forced to relocate so that their dwellings can be demolished or updated. We therefore studied how satisfied forced movers are with their current housing situation, and what factors contribute to this. Using data from four Dutch cities, we found that most displaced residents were quite satisfied with their new dwellings and neighborhoods. However, those with low incomes and those from ethnic minority groups were less satisfied with their homes and neighborhoods. We can explain their lower level of neighborhood satisfaction by the fact that they move to less desirable neighborhoods—for example, neighborhoods with higher concentrations of ethnic minorities.