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> disproportionately affects people's sense of content and wellbeing It's probably not just homeownership, but the cost of real estate as a whole. And not even
by ipdashc 2mo ago
> disproportionately affects people's sense of content and wellbeing
It's probably not just homeownership, but the cost of real estate as a whole. And not even just residential. Isn't the often-lamented "loss of third places" at least in part due to those places not being able to pay rent unless they heavily monetize?
I've also heard the theory that the arts often take off in an area when real estate prices drop and it suddenly becomes possible to build cheap art studios and such. No proof or anything, just something I've heard random people talk about online, but it makes some sense.
- amanaplanacanal 2mo agoThe arts are often the first step towards gentrification. The artists move in for the cheap rent, then the rest see all the arts and think "I want to live there!" Then pretty soon the artists can't afford it any more and move somewhere else.