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> Don't bite the hand that feeds you and wants to hand you stacks of cash. Who is getting handed stacks of cash? I imagine it's not many low/middle-income resi
by hackuser 10y ago
> Don't bite the hand that feeds you and wants to hand you stacks of cash.
Who is getting handed stacks of cash? I imagine it's not many low/middle-income residents, who simply have to leave.
There are positives and negatives for all options, but it's disingenuous to imagine there is no downside to gentrification.
EDIT: It's a similar issue to the U.S. economy as a whole over the last 30 years. There's been tremendous growth in aggregate, but in particular only for a relatively few people.