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So the issue I have with people citing gentrification is: given gentrification alone (without an accompanied descrease in overall wealth inequality) wouldn’t th
by linkmotif 9y ago
So the issue I have with people citing gentrification is: given gentrification alone (without an accompanied descrease in overall wealth inequality) wouldn’t the concentrated wealth attract crime? So any argument that cites gentrification has to show that it brings up everybody, not just the gentrifiers.
The rust belt has no effective welfare system akin to http://www.nationalreview.com/article/448741/new-york-city-municipal-workers-enjoy-supplementary-welfare-state http://www.nationalreview.com/article/448741/new-york-city-m.... To my knowledge the rust belt only offers disability.
- almost_usual 9y agoThis is quoted in that article. "It’s working, for now, in New York. Detroit had a little less luck with it, because there are not very many 26-year-olds earning $600,000 a year who want to live in Detroit." It's hard to create a welfare system akin to NYC when young professionals do not want to move there.
- deleted 9y ago[deleted]