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Reply to "Trader Joe's not welcome in black neighborhood"
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[quote=Anonymous]Not idiotic at all if you understand gentrification. A local example is Columbia Heights. Many older AA and Hispanic people who bought there when it was undesirable were priced out of the new market. These were folks who invested in the neighborhood when yuppies would not have been caught dead there. Their tax bills and overall COL went through the roof and many of them (low SES and people on fixed income) had to pack up and leave. Sure, many of them cleaned up in selling their houses, but many of them did not want to move. As PP said, it is a tricky thing. And most urban areas are dealing with this problem. [/quote]
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