Reply to Educate me - why is gentrification bad?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Let me beat everyone else to the punch.

NIMBYs will say gentrification is bad, but will use it as an excuse to oppose any new housing in their neighborhoods, which are *already wealthy*

YIMBYs will say gentrification is unavoidable, but that housing would be more affordable if only they just built more of it. This inevitably means flooding the market with *their* particular brand of housing, luxury single bedroom apartments geared towards high earning single transient young professionals. Among other amenities that white millennials like but nobody else uses. [/quote]

This isn’t true. I am a white Gen X resident of an already wealthy neighborhood, and I’d like to see actually affordable housing built nearby, as much of it as possible, [b]ideally paid for by the city government directly[/b]. [/quote]

That's the rub, isn't it? Building affordable housing in already-wealthy, already-built-up areas is absurdly expensive, and no one wants to pay for it. The city can't pay for it by itself and developers don't want to pay for it because it's a money-loser for them.

Never once in GGW's constant prattling about this issue have any of their self-considered geniuses ever mentioned how to pay for such a scheme. David Alpert is rich. Maybe he should pay for it. [/quote]

OK, so I'll amend this: We should raise property taxes in Ward 3 and income taxes on the highest incomes to pay for building more public housing in Ward 3. That's how to pay for it. I prefer building public housing because I don't like the idea of finding "market-based" solutions for public problems, and because developers always wind up finding ways to build less of it than they're supposed to. [/quote]

Why just Ward 3, when there are wealthy people in other wards? And I know GGW has brainwashed people into thinking every Ward 3 resident is a mustache-twirling billionaire, but there are plenty of Ward 3 residents for whom a property tax increase would be a significant financial burden.

I agree that DC should bump up income taxes for the super-wealthy. But singling out based on geographic area is wrong.[/quote]

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