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Politics : President Barack Obama
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To: Bread Upon The Water who wrote (135151)7/28/2013 12:48:23 PM
From: tejek  Read Replies (1) of 149317
 
It doesn't benefit the people who have been displaced necessarily. Gentrification has created wealth and improved the quality of life for San Francisco and, apparently, is doing so for E. Palo Alto. But it seems to not have benefitted (much) those who already were on the bottom rung.

Gentrification does benefit some poor people........the people who managed to buy their own houses in the barrio or the ghetto. However, for most, it just pushes them out...........that's why we have to rehabilitate the people; not the neighborhoods. Let the capitalists do the neighborhood rehab.

Cleveland is trying to improve its tax base by getting NY artists to move to Cleveland and buy houses in poor neighborhoods for next to nothing. That might be good for Cleveland's tax base but it doesn't change the plight of Cleveland's poor.
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