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doubtful, even if they rename it Delta City. This piece came across as a feel good piece, if anything its a familiar story. Town goes down the tubes, yuppies m
by Shivetya 12y ago
doubtful, even if they rename it Delta City.
This piece came across as a feel good piece, if anything its a familiar story. Town goes down the tubes, yuppies move in and renovate old housing and such pushing what few remaining stragglers there are left out and help recreate a few revitalized islands amongst the rest. Usually led by a few strong business interest who promote the idea to get further concessions and good will all the while the decaying neighborhoods on the perimeter of these areas just stagnate
- mwfunk 12y agoThat sounds...great? You just described urban renewal. It's got to start somewhere, it's not going to happen all at once all over the city.
- Shivetya 12y agourban renewal does sound great until you realize the only people who suffer are those who are already suffering. So you have depressed prices which means large swaths of property can be bought out on the cheap. Then those areas get developed and local property values increase. However, instead of buying out the dieing islands of poor they are driven out either through increased taxes, zoning, or imminent domain seizures, which turn the property over to the very same people who would not buy it when they know government will take it for them