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Topic	NOLA greenlights taller developments, nixes incentives for affordable housing
Questionmarktarius 02/23/18 2:25:19 PM #35:	ZombiePelican posted... Basically his quote translated is "poor people get in the way of building condos" How, exactly, is that an incorrect statement? Balrog0 posted... What causes rents to rise is when there are more people looking to live in an area than there are available places to live. By making housing for rich people now, you're avoiding a more serious gentrification problem like you see in places like the Bay Area (and really, across California) where rich people are gentrifying huge swaths of the metro areas -- not just downtown in the central city -- even though California has until recently has been incredibly resistant to development like the kind you're crying about here This. Buckets and buckets of this. <cite>Questionmarktarius posted [p:896633867] in NOLA green... [t:76349266]...</cite> <quote><cite>ZombiePelican posted...</cite> <quote>Basically his quote translated is "poor people get in the way of building condos"</quote> How, exactly, is that an incorrect statement? <cite>Balrog0 posted...</cite> <quote>What causes rents to rise is when there are more people looking to live in an area than there are available places to live. By making housing for rich people now, you're avoiding a more serious gentrification problem like you see in places like the Bay Area (and really, across California) where rich people are gentrifying huge swaths of the metro areas -- not just downtown in the central city -- even though California has until recently has been incredibly resistant to development like the kind you're crying about here</quote> This. Buckets and buckets of this.</quote> ... Copied to Clipboard!
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