|
I remember back in 2005 it was predicted that the suburbs would look like the slums because of the high price of gas. People would rather live closer to their jobs. With gentrification and companies investing in poorer neighborhoods, it seems the fruits of those labor are coming to exist. Heck even where I have my current business. 10 year ago you could have bought the entire block for how much I pay for in mortgage. The good is you rehab a city. the bad is the elements that brought those neighborhoods down have to live somewhere. You are not really solving a problem just shifting it until it is time to shift again.
|