3 ms·

I don't think this is true. Imagine a low-rent neighborhood that's close to a desirable location (for offices, or nightlife, or parks, or whatever). As the city

I don't think this is true. Imagine a low-rent neighborhood that's close to a desirable location (for offices, or nightlife, or parks, or whatever). As the city grows, people will prefer to live in a renovated version of that neighborhood to living in newly-planted housing farther away.

newacct583 6y ago
Low rent neighborhoods next to a desirable location don't exist, though. What happens with gentrification is that locations become desirable, and because of inability for them to grow people "spill out" into adjoining areas. If you could build housing right there (i.e. taller buildings, denser neighborhoods, subdivisions, etc...) the problem wouldn't have happened in the first place. But NIMBY rules prevent that to protect existing owners.
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