4 ms·
I'm referring to the hyper-libertarian "gentrification is the solution to gentrification", "trickle down economics is the only affordable housing", "governments
by maxsilver 9y ago
I'm referring to the hyper-libertarian "gentrification is the solution to gentrification", "trickle down economics is the only affordable housing", "governments should be for-profit corporations" type philosophy that folks working in that space typically have (at least, in the US).
A lot of these people will say things like "what a shame that poor neighborhoods always lose their affordable housing and economically diverse populations". And then they go to work everyday for architects or property developers or city hall or construction companies, and explicitly target 'undervalued' poor neighborhoods for 'investment' to intentionally drive the property values up, despite knowing that those actions will directly displace many/most of the existing residents due to price.
It's one modern day version of saying "such a shame that smoking kills" while working for Phillip Morris. Or saying "digital advertising is so intrusive, annoying, and invasive" while working for Google.
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And while this is just one of many different examples of that problem -- the contraction itself is what really bugs me. People who claim "X is such a bad problem, we should fix X" while going to work every day to make X worse.