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So an area becomes more attractive and those with higher purchasing power drive out the original inhabitants? So… how is this different to normal gentrification
by jamil7 4y ago
So an area becomes more attractive and those with higher purchasing power drive out the original inhabitants? So… how is this different to normal gentrification? Why is the fact that it’s parks and green spaces relevant?
- PaulHoule 4y agoIt's driven by public investment as opposed to private investment for one thing. But if you did accept their argument you might wonder if you should degrade the quality of life in some neighborhoods to drive out people with money and make the neighborhoods affordable. Though of course they tried that in some places, it was called "white flight" and the same people who oppose gentrification would oppose that. It seems a lot of people across the political spectrum would like, more than anything else, for everything to stay the same.
- jamil7 4y ago> It's driven by public investment as opposed to private investment for one thing. Right fair enough, I suppose it’s comparable to new public transport connections driving up apartment costs.