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Because there are lots more of those making $200k+ and they are competing for housing in more similar areas than poor people. The 100M CEO likely lives in a are
by ajmurmann 9y ago
Because there are lots more of those making $200k+ and they are competing for housing in more similar areas than poor people. The 100M CEO likely lives in a area that has been gentrified a very long time ago.
Not saying it's justified or good. In fact I'm a pro gentrification [edit: typo was @verification"] market urbanist. Just trying to make sense of it as well.
- SlowRobotAhead 9y ago>pro verification market urbanist Um, if you wouldn’t mind...
- ajmurmann 9y agoSorry, I should look more at what I'm writing when "typing" on a phone. That was supposed to be "gentrification".