Quote:
Originally Posted by BluPhire
You beat me to it.
This is exactly what I was going to write, and what I posted earlier. It does not solve the issue of blighted neighborhoods. (there is a difference between a blighted neighborhood and a low income neighborhood.) All gentrification does is shift a finite amount of dollars from one area to another. When we start dealing with the issues that cause a neighborhood to become blighted then you can begin to have nice low income areas as well as strong middle to upper class neighborhoods.
We need to get back to where paying $400k (just a number doesn't apply to ever city) gives you what it used to give you....a big house and or an ample amount of land. A house/condo is too much of an investment to be stressing about changing demographics moving/leaving a certain area.
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Especially when some of these city flighters are paying obscene amounts of money for a box in the city because "it's convenient to live!"
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