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> express worry about the millionaires who own the houses You don't become a millionaire just because the paper value estimate of your house becomes larger. A
by jjav 6y ago
> express worry about the millionaires who own the houses
You don't become a millionaire just because the paper value estimate of your house becomes larger.
A low-income person who scraped by to buy a modest home in a cheap area doesn't become any less low-income just because suddenly the demographics change and rich people move in. Forcing them out of their home where they have built their life just so one more rich newcomer can get in, is not fair. For example, East Palo Alto.
- imtringued 6y agoIf the neighborhood refuses to change, then the people inside it will have to change, even if that means leaving the neighborhood.