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Whether it's a net negative for people who get displaced probably depends on their capital gains from the increased property values, no? Not everyone loves the
by edmundsauto 6y ago
Whether it's a net negative for people who get displaced probably depends on their capital gains from the increased property values, no? Not everyone loves their neighborhood, especially if they aren't in great condition.
- Retric 6y agoIt’s assumed these people are renting. Homeowners only really face property taxes which take extreme shifts to become unaffordable. Even then owners can generally remove equity to pay them for years to decades.