Current Events > Modern Gentrification summed up in one photo

(+) Yeah! (+)

KStateKing17 posted...

It's the opposite actually. The woman on the left is new to the neighborhood while the woman on the right was already there. With the new demographic of renters and owners coming in, different businesses start to come and homeowners and landlords start upping the prices that were previously affordable for the older tenants.

People dont care, they just want to argue.

I was wondering if anyone had noticed that, but its at the point that you even have to question if the initial misunderstanding was genuine.

so...

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I can see how shit like that can happen. In my 20s i knew a lot of rich kids who liked the aesthetic of being poor so they moved in those more low socioeconomic places. so they could act poor and like they were struggling but obv they didnt have to actually struggle and be poor since they had their parents and trust funds to pay for stuff. then more of their rich friends move into the area acting poor, then im guessing their families and peers see it as a business opportunity and build the place up to keep it low key safe for their kids then once they grow up and get over the 'poor aesthetic' the place is gentrified enough to start their families and live their white collar lives lmao.

thats what i call actual cultural appropriation lol

seems like the whole foods might be a good way to offset food desert problems
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anyways blaming this on white renters is a sad segregationist way of viewing things, because the only alternative is to demand they stick to white neighborhoods
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Build more housing
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KStateKing17 posted...

It's the opposite actually. The woman on the left is new to the neighborhood while the woman on the right was already there.

Says who? Nothing of the sort is said in the comic.

usually the ones already in the neighborhood are going to greet the people who just moved in

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gatorsPENSbucs posted...

Says who? Nothing of the sort is said in the comic.

usually the ones already in the neighborhood are going to greet the people who just moved in

You are just being dense. It is obvious what is going on to anyone who has actually experienced any city life whatsoever

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It is kinda sad a bunch of people have no idea what gentrification is.

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bsp77 posted...

You are just being dense. It is obvious what is going on to anyone who has actually experienced any city life whatsoever

He's doing it on purpose. I didn't even bother explaining.

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Her shirt says mommy e-thot.

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bsp77 posted...

You are just being dense. It is obvious what is going on to anyone who has actually experienced any city life whatsoever

Yah, people sell land to make money and then a bunch of corporations move in to that land.

Its happening where Im at right now.

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g980 posted...

anyways blaming this on white renters is a sad segregationist way of viewing things, because the only alternative is to demand they stick to white neighborhoods

who was blaming this on white renters?

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Also - yes. From what Ive witnessed in, say, Brooklyn. Urban areas that were once lower income and cheaper to live became occupied by transplants who were looking for that lifestyle.

they rented available apartments. Reducing supply. Pumped money into the area opening businesses or supporting certain businesses. Demand increased, prices raised. More move in because its the new hot spot. Development increases, demand increases, price increases.

soon you price out the original tenants and they cant afford the leases and since theyre not government subsidized that makes it hard to get rent stabilization. Better laws need to be introduced to prevent over inflation of the market so quickly. As well as fixing stagnant incomes.

and to further my point - my dad owned a building in down town Brooklyn for manyyyyyyyyyyyyy years. It was a very commercial/industrial area. Real blue collar and low income. He was offered a substantial amount of money to sell. So of course at his age he took it. He was retiring and didnt need the building anymore.

now its being demolished and theyre building a condo.

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chrono625 posted...

now its being demolished and theyre building a condo.

Good. Build more housing
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emblem boy posted...

Good. Build more housing

it wont be affordable housing chief.

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chrono625 posted...

emblem boy posted...

Good. Build more housing

it wont be affordable housing chief.

Doesn't matter, build more housing.

To be more serious, more market rate housing seems like it would help the concerns many of you have.

Build more market rate housing that people with money will get into. Housing elsewhere becomes cheaper.

Also build more affordable housing directly.

In short, build more housing
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I see that the TC decided to Goddamn go all in with adopting FrisbeeDude's 'bitching-about-white-people' gimmick in his absence.

You can't make this shit up.

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emblem boy posted...

Doesn't matter, build more housing.

To be more serious, more market rate housing seems like it would help the concerns many of you have.

Build more market rate housing that people with money will get into. Housing elsewhere becomes cheaper.

Also build more affordable housing directly.

In short, build more housing

Agree, which sucks because you hate to see over development and increased traffic, but the supply just isn't meeting the demand right now.

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doomcrusader posted...

Agree, which sucks because you hate to see over development and increased traffic, but the supply just isn't meeting the demand right now.

do you think it might be different if landlords were forced to lower prices instead of taking their rented units off the market

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Broseph_Stalin posted...

...neighborhoods with NIMBY zoning regulations, yeah.

Price controls limit the supply of housing and the poor will always lose out if forced to compete with the wealthy over limited housing stock.

This, rent control is fucking awful

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I wouldn't want to live where my grandmother lived.

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RedJackson posted...

Lol

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While I hate these type of a comics. What goes on with Gentrification is a not that deep.

People of a social class are living in place sometimes for generations. Many of these places have been redlined. What this means is that minorities were forced to live in them. And without getting to deep there was little no development of stores and that type of stuff. Any who people have been living in these places for years and now people are seeing that they can make money from it.

Richer people normally white (not always) start to move in, then stores start to move in. Now a few things happens. Rent goes skyhigh or Taxes go up to high. For people to afford. And most times this is not a natural process. People will pay building let them go to the hell and then by them up to start development, and flipping them. So there are a lot of factors at play. In the end just no that poor people are getting messed over .

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I hope to hell my neighborhood goes under increased gentrification. My home value has skyrocketed and I live in one of the few neighborhoods in the area with big yards. If I sold my house now I would of basically lived rent free for 3 years.

ANd there is stuff like this.

https://twitter.com/wusa9/status/1115671149608886272

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chrono625 posted...

it wont be affordable housing chief.

As opposed to what? Less housing? Does that make housing more affordable?

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Shadow Don posted...

As opposed to what? Less housing? Does that make housing more affordable?

it's not clear that increasing the amount of housing actually makes housing more affordable either

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Flauros posted...

But from the comic they already bought the property. How would the price of the property going up hurt them unless they refinance? Do the taxes suddenly spike to an insane degree when a neighborhood gets nicer?

The comic says nothing about owning the property. Many people rent because its almost next to impossible to buy a home in most places these days. Things like this make it even harder. If the neighborhood is now desirable the landlord knows they can get more rent. So they force the tenant to pay more or theyll find someone who will. Im not saying stop making neighborhoods better. Im saying help affordable housing be attainable.

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that implies black people are poor, sounds racist

ROOTFayth posted...

that implies black people are poor, sounds racist

why yes, black people are more likely than the general population to be poor, meaning that gentrification has a proportionally larger detrimental effect on them. quite astute of you to point this out!

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Gentrification is a crock term made up by socialists.

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shiby with it posted...

Gentrification is a crock term made up by socialists.

it's descriptive. and I haven't seen any indication that Ruth Glass was a socialist

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eggcorn posted...

Apparently once a bed bath and beyond moves into your neighborhood the property value skyrockets.

Ah yes I remembered when this happened to me. The new one opened up and rent prices immediately tripled from the high demand.
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averagejoel posted...

it's not clear that increasing the amount of housing actually makes housing more affordable either

Increasing supply does not decrease price?

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Spooking posted...

+Businesses move in
+Job opportunities
+Crime goes down
+Neighborhood doesn't look run-down
+Property value increases

All good here.

Oh, the horror!

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1337toothbrush posted...

Increasing supply does not decrease price?

building new housing does not directly increase supply unless there are further restrictions placed on the landlord.

for example, if one of the conditions was that they *had* to fill all their empty units before new units could be built. that could potentially force them to lower the price to get the units filled

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Damn this topic at all the racist cockroaches out of the woodwork

What_ posted...

Damn this topic at all the racist cockroaches out of the woodwork

Shut up white guy

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https://newyorkyimby.com/2021/06/plans-unveiled-for-272-4th-avenue-in-gowanus-brooklyn.html

this is the proposed building where I was talking about.

potentially 200 units, up to 50 are affordable. Which is for incomes of $75,000-$100,000.

20-30 years ago you could buy the property for peanuts in comparison.

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