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> There's no contradiction between an area being blighted and expensive. I'm not sure what kind of "blight" you are talking about, but the author was focused o
by D13Fd 5y ago
> There's no contradiction between an area being blighted and expensive.
I'm not sure what kind of "blight" you are talking about, but the author was focused on real estate values for older locations being very low:
>Half the original structures were so devalued that they were torn down and replaced with surface parking lots
>The building had been on the market for a very long time with no bids. It eventually sold a few months ago for $65,000. For comparison, here’s a review of a $65,000 luxury 2021 Ram pickup truck.
Yeah, if you define "blight" as "I don't like how the place looks," then there are probably a lot of "extremely expensive" places that are "blighted." But I don't think that's what the author was talking about.