4 ms·
I don't think even luck and charisma would make a difference. Humans just don't deal with change well, and "you're going to change the character of my neighborh
by stickfigure 8y ago
I don't think even luck and charisma would make a difference. Humans just don't deal with change well, and "you're going to change the character of my neighborhood" is going to make a large subset of any neighborhood violently angry.
Look at the backlash over 'gentrification'. No, we like our squalor just the way it is!
What we really need to do is force every resident abroad for a year so that they can see the alternative to "life as I've always know it".
- aurailious 8y ago> Look at the backlash over 'gentrification'. No, we like our squalor just the way it is! This is highly dismissive of all the actual and legitimate problems gentrification has.
- imgabe 8y agoWhich are? There was a recent study which showed low income people in gentrifying neighborhoods don't move any more frequently than low income people do generally. And for those who actually own property, they get a huge windfall.
- xVedun 8y agoMaybe some residents benefit from gentrification, but it seems that gentrification actually speeds up housing prices. Sources: https://journalistsresource.org/studies/economics/real-estate/gentrification-urban-displacement-affordable-housing-overview-research-roundup https://journalistsresource.org/studies/economics/real-estat...
- stickfigure 8y agoSummary: Nice houses in nice neighborhoods cost more than crappy houses in crappy neighborhoods. This seems... reasonable.
- andrepd 8y agoSo you're agreeing with the criticism then? Property owners get stacks of cash, rich people move in and "take over" the neighbourhood, and the "commoners" get zilch.
- pc86 8y agoOwning a generally appreciating asset then selling it generates more income than renting it and leaving. That seems pretty tautologically correct, doesn't it? I don't see how stating basic economic/mathematical facts can be considered a "criticism."
- blacksmith_tb 8y agoA 'huge windfall' of sorts - they can sell their property for much more than they paid, but they may not be able to stay in the neighborhood, because their property taxes will have grown proportionately.
- squirrelicus 8y agoAre we supposed to care if people that get a huge windfall can't stay in their neighborhood? Like seriously, who cares? This isn't a real problem.
- fhood 8y agoBecause moving sucks. I hate moving and I do it a lot. And one thing I hate even more than moving is being forced to do something unpleasant through no fault of my own.
- squirrelicus 8y agoYeah but, what rights are being violated? Less importantly, why do you expect me to care that you don't like moving? Is there a more irrelevant thing to be brought up for public policy discussions?
- fhood 8y agoIt is very cool and pragmatic of you not to care about the misfortunes of others. I am deeply impressed.
- squirrelicus 8y agoGetting a windfall and having to move is not a misfortune. Having to move is not a misfortune of any magnitude meriting sympathy. I don't like tying shoes. Big deal, who cares?
- wbl 8y agoBoo hoo hoo you made a lot of money. You could sell some of that value to pay the property taxes, even doing a leaseback.
- Spooky23 8y agoLow-middle income people get evicted. Poor families tend to not move very much -- those transition numbers don't reflect that as the hardcases are very mobile. My city, which is basically at the median for prices nationally has a 60% home ownership rate. The poorest wards have a home ownership rate between 10-20%.
- deleted 8y ago[deleted]