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re: Mayors Discuss Ways to Stop Gentrification
Posted on 7/6/14 at 9:17 am to PrimeTime Money
Posted on 7/6/14 at 9:17 am to PrimeTime Money
quote:
So now your house is worth more. What's wrong with that?
For me nothing. its fricking awesome.
For the people paying rent in this neighborhood its a different story. We're definitely going to be jacking the rent way up (we have a duplex) when the current tenant finishes school and moves out.
Posted on 7/6/14 at 9:24 am to SpidermanTUba
I just don't see the big deal with gentrification. I mean, take my old neighborhood for example. When I lived there, it was a decent middle-class area and about 70% white.
Now, it's about 95% black, it's run down, and crime is rampant. And it's been like that for years now.
And I moved from there in 1998, so that was a drastic change that happened in only about 10 years.
As some neighborhoods see gentrification, some neighborhoods see the opposite. Neighborhoods change.
Now, it's about 95% black, it's run down, and crime is rampant. And it's been like that for years now.
And I moved from there in 1998, so that was a drastic change that happened in only about 10 years.
As some neighborhoods see gentrification, some neighborhoods see the opposite. Neighborhoods change.
Posted on 7/6/14 at 5:51 pm to SpidermanTUba
Are these mayors willing to run their cities on reduced tax revenues when the values of properties are suppressed per their proposed policies?
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