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Displacement is constantly occurring because people can't find an apartment they can afford, so they leave the City. Why can't they find an apartment they can a
by ironmagma 6y ago
Displacement is constantly occurring because people can't find an apartment they can afford, so they leave the City. Why can't they find an apartment they can afford? Because the apartments they would have been able to get have been taken by people richer than they are, some of whom could buy a house. Why can't those people just buy a house and stop taking up the rental units? Because almost all the houses are spoken for by people who not only can pay market price but do so comfortably, including you.
So, it is displacement, it's just so after a lot more levels of indirection than most people think about the problem with.