re: The Gentrification of New Orleans

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Why is gentrification bad? Are we supposed to want a city that looks like a shite hole?

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The first level of gentrification is good. Where houses and rent are cheap.

When it progresses, rent goes up and those that did the inital gentrification are mad they can no longer afford what they started.

They do not care that they screwed over the people before them by raising prices, but they will still bitch.


ETA: they should have bought the houses when they were cheap as shite, but didn't want to invest in the neighborhood with actual dollars, just culture.