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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]A lot of AAs haven’t made out like a bandit, their opportunity for generational wealth via real estate was actually ripped from them. Plenty of forclosures and developer low balls are responsible for the houses transferring ownership. I know of a few cases some years back of elderly people losing their home for not being able to pay their rising property taxes on time because of a limited income. The paper actually did a story on a widow who lost his house due to a tax balance less than $2 in a hot neighborhood. [/quote]
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