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No, it's both. There's an unholy alliance between the two.
by xxpor 4y ago
No, it's both. There's an unholy alliance between the two.
- fnimick 4y agoWhy would renters want property values (and therefore rents) to go up due to a lack of supply?
- raincom 4y agoPeople who live in rent-controlled apartments seem to be against gentrification, as they end up losing their rent-controlled apartments for new construction.
- jonas21 4y agoThey don't. But getting people to understand supply and demand is hard. Getting them to blame visible changes in the neighborhood (e.g. fancy new apartment buildings going up) is easy.