Breaking down the fact the poor are being taken advantage of as a pro or a con is some cold shit
The ideal solution would be a billionaire to step up and become a philanthropist, pumping his wealth into these at risk communities.
One issue though is that there needs to be real, or lasting, capital , such as restaurants and other shops.
Put minorities in area
Property value decreases because minorities
Buy up cheap property
Price minorities out
Profit
Make signage
Rent control prices out more people to temporarily protect a few. Rent controls have not done anything to stop gentrification anywhere in New York, so why people think that's a legitimate solution is beyond me.
Gentrification doesn't just happen to poor neighborhoods, it doesn't just affect black people, and it's ascribing a scary boogeyman name to the natural process of neighborhoods changing over time.
The reality is with a growing population trying to dig your heels in and demand your neighborhood not change isn't going to work well, even if you've got money and influence, and it's not going to work at all if you don't (and resisting gentrification in one area just means you're passing the buck on to another neighborhood that'd be even less equipped to deal with it, because the market ain't gonna' stop free marketing.) Demand is always going to outpace supply of a neighborhood in its current state in any city thanks to population trends and the continued unabated urbanization of the country.
If people aren't willing to accept this reality, than arguing about the good or bad of gentrification is useless. Because if you think gentrification is bad, your only option is to burn down your own neighborhood and make it a shithole for a few decades.
I hate how the term hipster has evolved ..
True hipsters were starving artists who had to move to cheaper neighborhoods since that is all they could afford
Now hipster means any white person who came from out of state to move into a "hip" neighborhood
No, Gentrification widens income inequality within whatever place it occurs
This sounds backwards. Gentrification itself is caused by income inequality. When land around a desirable place comes under competition, then those with more money will push others out because they can afford the bidding war. The reason you get $7 lattes is because the rent is so high you can't afford to run a blue-collar establishment.
Once the property values rise after these billionaire philanthropists pump wealth into the community, rents rise, taxes rise, demand rises, causinag feedback loop of spiraling costs, and people with more means crowd out those with less who were there originally, and people with even greater means arrive to push out the recent arrivals.The ideal solution would be a billionaire to step up and become a philanthropist, pumping his wealth into these at risk communities.
One issue though is that there needs to be real, or lasting, capital , such as restaurants and other shops.
I don't really get the arguments against gentrification. It sounds like people would prefer segregation and economic depression?
But racism is just racism. We're just identifying how its expressed among different communitiesi agree that the cutesy term is already getting annoying, but there's nothing wrong with understanding the different forms of racism. "racism is racism" is so pointlessly simple minded. identifying different forms of racism doesn't mean you're minimizing it.
Gentrification is essentially diet colonialism.
It's a great way for young millenials to experience a true American past time older than the US itself lol.
This sounds backwards. Gentrification itself is caused by income inequality. When land around a desirable place comes under competition, then those with more money will push others out because they can afford the bidding war. The reason you get $7 lattes is because the rent is so high you can't afford to run a blue-collar establishment.
It's a complicated phenomenon that seems pretty clearly rooted in systemic racism. You can't blame the people who buy up the property, but a coffee shop outright boasting "You can thank us for getting rid of the blacks" is overtly shitty.
Harlem would agree about what? It's gentrifying like the rest of New York. If rent controls actually worked to stop gentrification, why is it happening everywhere in NY despite NYC having one of the strictest rent controls/stabilizations and largest public housing schemes?
It's a complicated phenomenon that seems pretty clearly rooted in systemic racism. You can't blame the people who buy up the property, but a coffee shop outright boasting "You can thank us for getting rid of the blacks" is overtly shitty.
There's nothing inherently racist about gentrification. I can't afford a house in the neighborhood I grew up in, never mind my hometown writ large. The artists who herald the classic view of gentrification are moving to those neighborhoods because they can't afford the rent elsewhere. Given that there are large swaths of the country that remain poor and segregated and that gentrification is actually a relatively rare phenomenon, it's clearly not the driving force either (whereas you have a much better argument that income inequality in general has long-standing roots in racist policy.)
Harlem would agree about what? It's gentrifying like the rest of New York. If rent controls actually worked to stop gentrification, why is it happening everywhere in NY despite NYC having one of the strictest rent controls/stabilizations and largest public housing schemes?
After slavery America made segregation the law of the land. Blacks were barred from fair housing, infrastructure, education, and jobs. It was government policy, country wide, for banks and real estate developers to genuinely develop white parts of town with great affordable housing, low interest mortgages, business loans etc... and purposefully underdeveloped black areas (Google redlining). This would predictably cause underemployment, lower home ownership, lack of businesses, increase in crime, lower quality education etc... (In the US school funding is barbarically linked to property values so if a place was strategically made impoverished, the schools would be terrible as well).
President Nixon commenced his War on Drugs in order to undermine progress made by the Civil Rights Movement. President Reagan flooded the inner city with cocaine during the Crack Epidemic (google Iran/Contra Affair and Gary Webb). These programs made some inner cities hellholes and the government response was to handle drugs as a criminal issue rather than a health issue. Death, overpolicing, discriminatory laws, and mass incarceration were their "solution".
Crime is down compared to decades ago and rather than substantively develop these neighborhoods like they did white ones, gentrification is allowed to happen. We can bail out the auto industry and criminal banks but conveniently ensure that certain schools are underfunded so that the cycle of poverty can continue in some places.
how is what you posted not an example of income equality expanding? You literally said that blue-collar establishments can't afford to live there anymore. Yes, income inequality is the genesis of gentrification, but it's true that gentrification expands the inequality as well.
It's more related to the cost-of-living/buying inequality than income inequality. One aspect of gentrification is that people make more money, but not quite enough to afford the area and so they hop to the next less gentrified area and push up prices with their increased buying power versus those who were established there. So the people might still work there earning higher base pay but they are left with longer commutes or crappier housing.
This sounds like an extremely pedantic semantics argument. Cost-of-living/buying inequality is the same thing as income inequality as far as I'm concerned.
Once the property values rise after these billionaire philanthropists pump wealth into the community, rents rise, taxes rise, demand rises, causinag feedback loop of spiraling costs, and people with more means crowd out those with less who were there originally, and people with even greater means arrive to push out the recent arrivals.
This is the market in action.
I was about post what you originally had here.
I appreciate that you sought to expand what I posted. Yes it does suck for previous residents but it's also a new start for others and that's a good thing.
The ideal solution would be a billionaire to step up and become a philanthropist, pumping his wealth into these at risk communities.
One issue though is that there needs to be real, or lasting, capital , such as restaurants and other shops.
And why the hell would you think that? Just having more resources alone doesn't equal happiness or satisfaction.
While this is true, the US's history of segregation means inevitably a lot of gentrified areas are populated mainly with minorities. The racial element is undeniable.not all gentrifcation is linked to race,:
here in Montreal, it's white lower income neighborhoods that are getting gentrified by upper-middle class.
If they need to play a part in displacing poor folk from their homes in order to feel happier and more satisfied... well all I can say is fuck their happiness.
This is the wrong way to go about it. People don't move into a new community with the idea to displace others.
If that's what happens, then it just wasn't meant to be for those people.
If that's what happens, then it just wasn't meant to be for those people.
Hardcore liberals huh... ok.I'm not exactly sure. I think hardcore liberals have convinced themselves that gentrification is bad, because it's racist? Someone else can probably explain it better.
Economically mixed neighborhood urban planning, by design. Enforced that the city or county level.Gentrification is a very tricky concept. It marries a lot of issues--race relations, capitalism, real estate speculators, and so on.
It's very complex. City centers have become too expensive for the white middle class, but they want to be close the cultural amenities. They then move in the more affordable neighborhoods, raising the rents, as most of these are rentals not homeowners, which affects current residence heavily when their lease is up.
However, that influx of new residents tend to have more disposable income hence the proliferation of these coffee and restaurants, which tend to target the new white middle patronage. This is demographic marketing 101.
But those business realities hurt the current communities. Not only that, the new influx of middle class cash attracts real estate investors, that economic activity is taxed and improvements are made. Long neglected areas get better. Not because there was some conspiracy but because they way the economic structures favor more cash. This is why US education is so flawed. The poor get punished because the system is set up to be funded locally.
I really don't know how to solve it. Cities are just the new hotness. People want to live here and supply and demand pressures are hurting the long term residents.
All I know it's gonna get worse than better because US Federal Government still favors old school suburban development through tax breaks, subsidized roads, and so on. But the future is cities.
This is the wrong way to go about it. People don't move into a new community with the idea to displace others.
If that's what happens, then it just wasn't meant to be for those people.
I keep seeing people saying this, and it blows my mind that they can make such a claim. Yes, gentrification is primarily a class issue. However, it's absolutely true that the lower classes of people, the primary groups living in these low income areas, are minorities.
You are bringing a US socio economic issue into a concept that normally doesn't involve minorities oppression.
Gentrification happens in other countries where there's no racial element. Hence, it is not inherent within gentrification. I think that's whats the other poster is getting at.
Meh, I've lived in a community that didn't even get gentrified, the shops and stores closed down without replacements. Gentrification would have at least meant a new beginning. I believe in a failing community, individuals or huge entities deserve the chance to try their hand for success.
Rent control doesn't work. You just move from one privilege group to another, while leaving a huge amount of wealth generation/economic activity on the table. Then there's the slum issue it causes.
The only way out is more development to lessen supply shortages and wage growth. Any plan that doesn't target that is going to just make things worse.