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> But you know who I never ever see there anymore? The people that were living there before google came! Who exactly is working in said restaurants? Also, wha
by nine_zeros 4y ago
> But you know who I never ever see there anymore? The people that were living there before google came!
Who exactly is working in said restaurants?
Also, what do you think low income people do once they get a higher income? Could they move out somewhere for a better life for themselves?
If you are unhappy about not being able to see poor people but the poor people are happy about exiting their previous way of life, that's not an economic problem. It's just a you problem.
- colpabar 4y agoOf course it's a good thing if people are able to move up and do better economically. But it seems like a huge stretch to assume that's what happens to existing residents when gentrification happens.
- nine_zeros 4y agoThat's because gentrification in America displaces lower income but gentrification in developing countries is more mixed and brings growth. Make some restaurants near a poor area in Mexico, the poor are happy to earn and not have travel 30 miles for work. 5 years in, they will leave to a cheap suburb or rural area.