6 ms·
Often it's about the ability to keep paying an increasing rent in an apartment where you've lived for many years...That doesn't mean lower income people want to
by yummyfajitas 11y ago
Often it's about the ability to keep paying an increasing rent in an apartment where you've lived for many years...That doesn't mean lower income people want to point at a house and say "gimme."
You just contradicted yourself.
Also, what's wrong with "entire city cores becoming entirely reserved for wealthy people"? The problem is N people want to live there, but there are only K < N houses. N-K people don't get what they want, by simple arithmetic. Why is allocating by willingness to pay a bad way to go?
(There is an obvious solution - legalize increases in K. Good luck with that.)
- mbrock 11y agoWould you point out the exact contradiction, so I can explain the misunderstanding? Whether there's anything wrong with reserving the city core for wealthy people only, I didn't really make any normative claims about that. There are of course many reasons to consider it problematic: cultural segregation, justice, etc, but you probably don't care about those things, so I won't waste my time. Oh, and "willingness to pay" is a pretty yucky way to put it.
- yummyfajitas 11y agoThe low income person you describe, attempting to continue living "in an apartment where you've lived for many years" is a poor person pointing at a specific house and saying "gimme".
- mbrock 11y agoThat's just your ideologically motivated redescription of the situation. Not interested.
- iakh 11y agoExcept in the first scenario they actually already live and own the place? It's unfair to compare not wanting to lose [lifelong] sentimental value with just any other house outside their means.
- yummyfajitas 11y agoIf you own a place you don't need to "keep paying an increasing rent".
- quinnchr 11y agoGentrification effects an upward pressure on property values. Property values determine property tax. You're right, that's not technically rent, but it is one of the predominant mechanisms by which people are priced out of neighborhoods.
- yummyfajitas 11y agoIt would really suck to engage in real estate speculation and then have the value of my investment skyrocket until I sell it for a large sum of money. I sure hope that doesn't happen to me one day! Buying low and selling high, how awful.
- quinnchr 11y agoLow income households spend an exceptionally high percentage of their income on housing (http://www.lao.ca.gov/reports/2015/finance/housing-costs/housing-costs-web-resources/image/fig12.png http://www.lao.ca.gov/reports/2015/finance/housing-costs/hou...). Meaning they are particularly sensitive to price increases. So yes, it would really suck for your home value to increase a couple percent and have to move. But hey, if there's profit involved who can complain! Furthermore, most low income households who own property aren't engaging in speculation, they are simply trying to keep the property they inherited.
- frankc 11y agoMany(most?) localities have a cap on property taxes for this very reason. For instance, look at the propery taxes for 3 or 4 million dollar brownstones in Brooklyn; it's usually 5 or 6 thousand per year.
- eli_gottlieb 11y ago
- ahoy 11y agoThis comment is the kind of heartless, dispassionate thought that makes people hate "tech people". The response to someone being forced out of a home they've lived in for their whole life needs to be something more compassionate than "tough shit, you greedy poor".
- deleted 11y ago[deleted]
- yummyfajitas 11y agoYou are right that tech people are easy to hate on because we often think differently. Unlike the rest of us, you've signaled mainstream virtue with your comment. Congrats! Is there a point beyond that? Note that I didn't advocate any specific policy, I just pointed out that a specific argument was internally contradictory, which you don't seem to disagree with.
- eli_gottlieb 11y agoSignaling an autistic disregard for morality and compassion as everyone else knows them doesn't exactly do your ideology any favors.
- yummyfajitas 11y agoI'm not disregarding morality - again, I made purely positive (not normative) claims. If you want to discuss morality then state your principles and we reason from them. I'm just calling out ahoy for writing a post that's little but virtue signalling and nerd shaming.
- danans 11y agoYou are free to have your own thought process, but please don't project it onto everyone in tech. You don't speak for us all.
- dang 11y ago> Unlike the rest of us, you've signaled mainstream virtue with your comment. You're taking this thread into personal attack, plus slinging a lot of sarcasm around, which has the effect that trolling does. Please stop doing these things.
- Chris2048 11y ago> cultural segregation, justice, etc, but you probably don't care about those things, so I won't waste my time Is this an ad hom?
- mbrock 11y agoNo, because it's not an attempt at logical argumentation, it's just me expressing that I'd rather not waste my time expressing my political opinions to someone I perceive as totally unreceptive to them.
- Chris2048 11y ago> but you probably don't care about those things What about this bit
- Apocryphon 11y agoOn a logistical level alone, gentrification forcing lower income people into the periphery when the transit system is already overstretched is very bad. Imagine how bad the traffic over the Bay Bridge is going to be when high rents force custodians and cooks to travel from Richmond, Antioch, Oakland. There are practical reasons for pushing back against income segregation.
- yummyfajitas 11y agoWould forcing upper class people into the periphery solve the logistical problems?
- Apocryphon 11y agoSure, but that's a strawman solution when there are plenty of other possibilities to consider, such as building more housing.
- yummyfajitas 11y agoIf I had thought of this, I'd probably have put the sentence "There is an obvious solution - legalize increases in K" in the last line of my comment.
- aetherson 11y agoBuilding more housing is good policy, but let's not kid ourselves -- there would be tons of gentrification in any remotely plausible amount of development in in-demand places to live like San Francisco or Mountain View. In-fill development might slow gentrification a bit, but it certainly won't make San Francisco or Mountain View affordable to people who make $50k per year, much less those who make $25k per year.
- Grishnakh 11y agoI think I have a solution to this: taxes on cities where the jobs are, levied by cities where people live. If a city wants to have people working there (to run the local businesses: restaurants, etc.), but is so expensive that those people cannot afford to live near their workplaces, and the city refuses to do zoning to support lower-income housing, then the cities where the poorer people live should be able to levy taxes on the cities where those residents work, to help pay for all the transportation issues. Obviously, the federal (or maybe state) government would have to enact this legislation. This will create a big incentive for cities to do better zoning, and if they refuse, then they'll be transferring a lot of wealth from their own residents (in the form of property and sales taxes) to the places where their lower-level workers live.