5 ms·

Could it be that as the capacity of the neighbourhoods decreased, prices soared?

• agumonkey 10y ago
  Meaning the poorest just ran away from the place, and a new wealthier population is now living here, explaining why the new buildings are still "clean" ?
  • varjag 10y ago
    Well, something had to change, and I doubt it was the effect delta from high rise aesthetic. We all probably seen plenty of run down, broken glass and graffiti yet low-rise neighbourhoods. What often happens with projects in Europe is as metropolitan areas expand, the then-outskirts where the blocks originally were become attractive located land. Not sure the mechanics of this in France though, but could be the same dynamics.
    • agumonkey 10y ago
      ha, I messed up.. I added a complementary comment but I answered the wrong post .. Here's the added paragraph https://news.ycombinator.com/item?id=13841394 https://news.ycombinator.com/item?id=13841394
      • varjag 10y ago
        > That said the population didn't change much, still cosmopolitan, 3rd gen of immigrants from Africa (north or west). I don't think ethnic composition matters as much as income bracket. Middle class people tend to have both means and priority to care after their property.