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> Marginalized communities that have seen home values skyrocket? Illiquid property value isn't the same thing as having money, so...yes? I mean, if you want e
by eropple 4y ago
> Marginalized communities that have seen home values skyrocket?
Illiquid property value isn't the same thing as having money, so...yes?
I mean, if you want every neighborhood in every urban area to be tech and finance bros, maybe this is a good idea, but most people would disagree with the premise you're pushing.
- refurb 4y agoProperty value isn’t illiquid.
- eropple 4y agoIt absolutely is illiquid if you do not want to destroy the composition of an area. It cannot be converted without doing damage to the community in which it exists. When the market is tech and finance bros, all neighborhoods and all stock will become tech and finance bro'd. That's a bad thing for that community and--uh--society at large.