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It's more like, increase the value of those areas so the inhabitants will be prosperous so they can afford to pay more taxes.
by Kluny 10y ago
It's more like, increase the value of those areas so the inhabitants will be prosperous so they can afford to pay more taxes.
- adolph 10y agoWhich is the pro-gentrification argument, right? Increasing the valuation of a property doesn't magically change a resident's ability to pay taxes. Best case scenario is that the areas where low wage earners live shift around a bit. Worst case scenario is that people are pointlessly taxed out of their homes and the city gets a reputation of being unaffordable.