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I've heard people in the same breath complain that a housing development will ruin home values and cause gentrification.
by 1812Overture 9y ago
I've heard people in the same breath complain that a housing development will ruin home values and cause gentrification.
- khuey 9y agoThis is a common political position in San Francisco.
- closeparen 9y agoGentrification and displacement are distinct. Downward pressure on home values mitigates displacement, but the presence of more above-median-income people is gentrification. It can change the social fabric of a neighborhood (different taste in retail, different participation in neighborhood social life, etc), even if the original lower-income residents are still there. I think this is something we should accept, but they're not technically wrong to call it gentrification.
- TACIXAT 9y agoI got into it on Facebook one time with a guy complaining about the high housing prices in Venice, as well as the parking garage they were constructing in his neighborhood. You can solve one of these problems. Probably going to NIMBY the parking garage then rant about parking problems.