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How do you feel about Gentrification? (1 Viewer)

Never understood how what would be prime real estate near or in most major cities is occupied by some of the most poor and indigent without so much as thought to the value of it.

While I'm not an opponent of racial enclaves in cities and think that that diversity is a good thing......I don't think that that diversity should embrace a "lowest common denominator" mentality in regards to who is living there.

 
Brooklyn Heights, Cobble Hill, Dumbo - transformation complete...

Downtown Brooklyn in progress.

I think I've got as much firsthand experience on this topic as anyone as I've watched the neighborhood I've lived in for a decade completely become redone. Where I live it was a necessity, but also great for the area. 25 years ago this place was ####, today if you want to buy, you're in the $1200 per square foot area. There really is no reason for waterfront property one subway stop to Wall St should be run down. The only reason I think Downtown Brooklyn will never go fully through this is due to the large amount of housing projects there... Still not stopping developers from putting up one skyscraper after the next.

Take a look at 388bridge.com - Tallest building in Brooklyn. 20 years ago you wouldn't dream of living there, yet today they're selling $6MM Penthouses over there. One block from Fulton St Mall which used to be a place you never saw white people, but today you'll see hippies pushing their Bugaboo Frogs through there.

Gentrification in terms of taking a ####ty neighborhood and making it nice, nothing wrong with that :thumbup:

 
Take a look at 388bridge.com - Tallest building in Brooklyn. 20 years ago you wouldn't dream of living there, yet today they're selling $6MM Penthouses over there. One block from Fulton St Mall which used to be a place you never saw white people, but today you'll see hippies pushing their Bugaboo Frogs through there.
Is that an improvement?
:lol:

I was just using the type of person as an example for what used to be a very urban neighborhood.

 
AKA there go all the cool kids that made me want to move to this neighborhood. But what the hell, I can still make some coin off the other reactionary folks.

 
As a white male, I'm not a fan of it. Why do we drive out the black element to make the galaxy quote, unquote, "safe for white folks." And Jedi is the most insulting installment! Because Vader's beautiful black visage is sullied when he pulls off his mask to reveal a feeble, crusty, old white man! They tryin' to tell us that deep inside we all wants to be white!

 
Who told you to buy a brownstone on my block, in my neighborhood, on my side of the street? Yo, what you wanna live in a Black neighborhood for, anyway? Man, mother #### gentrification.

 
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Make old cities streets live again, I love it.

I have friends in some let's say bohemian neighborhoods like Marigny and Bywater and Faubourg St. John - they complain about the azzhats moving in, and I get that, but their property values have skyrocketed, and I'm not kidding, as much as 5-8 times. They say their neighbors are rude, don't follow the old rules, that they create new restrictions, that they're not around enough, ok ok ok, but old neighborhoods are being revitalized.

Meanwhile the city after the storm tore down multiple city blocks to build a supposed state of the art medical complex. Same thing happened in Baltimore supposedly and it was a disappointment. Here it was also most likely an inside land grab to make profit for politicians and their friends. Stupid if you ask me, in a couple decades no one wants to live next door to an ugly office building, but they will want to be in a cool neighborhood on the comeback with architectural details and neighborhood stores and features and history you can't get anywhere else in the world.

 
So, what's the best way to encourage the gay community to start buying houses in an area?

Because when you figure that out, gentrification just sort of takes care of itself.

 
Gentrification can be great. But I like to see some affordable housing remain. If everything becomes expensive, then it just becomes a rich enclave, which IMO is not good for cities.

 
Gentrification can be great. But I like to see some affordable housing remain. If everything becomes expensive, then it just becomes a rich enclave, which IMO is not good for cities.
The problem is how do you make sure affordable housing is kept? I don't know that I trust local governments to make good decisions on this. I prefer to let the free market work things out.

 
Gentrification can be great. But I like to see some affordable housing remain. If everything becomes expensive, then it just becomes a rich enclave, which IMO is not good for cities.
The problem is how do you make sure affordable housing is kept? I don't know that I trust local governments to make good decisions on this. I prefer to let the free market work things out.
Many local governments require some mix of residential. I'm not talking about projects. But condos, apartments, town homes. I'm actually a fan of this requirement, even though I'm generally a very strong free market supporter in most instances. I just believe that when it comes to development, the greater regional good supersedes the individual.
 
A loaded word. In the general context of the term, it's an unhealthy progression that takes an imbalance of concentrated poverty and results in an imbalance of economic and social exclusion that too often also falls upon racial / ethnic lines, resulting in lack of diversity (socio-economic).

In terms of a socio-economic ecosystem, New York is a perfect example of pricing out the lower middle class and now middle class in many neighborhoods, creating a situation where a vast majority of the workforce can not afford to live in the areas that workforce serves. It also has a blanching effect (pun somewhat intended) in terms of mix of stores and restaurants, which become repeats of themselves from gentrified hood to gentrified hood.

Of course, another result is that the poorer populations as they can no longer afford must find areas to relocate, so rather than having a balance of economic classes spread throughout a region, their will be new pockets of poverty. As the center city cores are being most gentrified, this has a double impact as poor populations are pushed further from the work centers and further from the more dense neighborhoods best served by transit, forcing higher transportation costs and more auto dependency which both splinters communities and also adds addition financial burden.

So, long story short, in the traditional sense, gentrification takes the imbalance of poor and pushes it to an imbalance of wealthy, and also a lack of socio-economic diversity. That's not healthy for a community nor a city. It's best to find balance, to find ways to have mixed-income communities that are far healthier, long term, from an ecosystem and sustainability perspective. Those cities that can find the right balance are best positioned for long term fiscal health and stability and social well being.

 
Hence, rent control in NYC.

ETA: DC is going to be an interesting study in this over the next 15-20 years, as the inevitable cleanup and development of the Anacostia River shoreline is sure to be coming. There is already Petworth, H Street NE, and the Navy Yard areas. As well a bunch of money just bought into the area around the Rhode Island Metro Station, which I thought was going to happen a long time ago. One stop from Union Station? Made no sense. Whatever the case, while everybody does get together at work and on Sundays for the Redskins, it is still very much a racially divided city and these little pockets each brings on its own battles and tension.

 
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So, what's the best way to encourage the gay community to start buying houses in an area?Because when you figure that out, gentrification just sort of takes care of itself.
Stand outside on the sidewalk and bend over, hope gays drive by.
Just in case they don't get the point, be sure to moon when you do.
That would've worked in my younger days. Gay guys rountinely found me attractive. Now, I've gotten old and out of shape. :kicksrock:

 
“I’m at the breaking point,” said Gretchen Gardner, an Austin artist who bought a 1930s bungalow in the Bouldin neighborhood just south of downtown in 1991 and has watched her property tax bill soar to $8,500 this year
So Gretchen, how much as your home appreciated since you bought it 25 years ago?

 
"A key problem, critics say, is that the current system has shifted a disproportionate share of the burden of paying for schools and local services on homeowners, in favor of commercial and corporate interests who can afford to appeal their values and win big reductions year after year. The share of property taxes from homeowners to support public schools grew from 45 percent to 54 percent over a 12-year period, while commercial and industrial owners’ share has declined to less than 20 percent. (Other sectors, from oil and gas to personal property, make up the rest.)"

And of course, the church they gathered in, along with all the rest (no doubt largely sitting on relatively spacious, high value land), paying 0 percent.

 

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