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Reply to "D.C. has the highest ‘intensity’ of gentrification of any U.S. city, study says"
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[quote=Anonymous]One way of looking at it is that many middle and lower middle class AAs who owned their houses for decades have made out like a bandit due to the gentrification. Or their children and grandchildren have. So there's generational real estate wealth for AAs being generated due to gentrification. The irony is that DC used to be a heavily white town. In 1950 it was 64% white and before the war more than 70% white. Who knows, it may return to that again! AAs are no longer the majority, they represented as high as 70% of the population in 1980 but now around 47%. As the old saying goes, what goes around comes around. [/quote]
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