Reply to Trader Joe's not welcome in black neighborhood

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote]Many older AA and Hispanic people who bought there when it was undesirable were priced out of the new market[/quote]

How do you get priced out of something you already bought?[/quote]

Really???  Your property taxes and usually insurance goes up.  [/quote]

The city can do something about that, though.

I lived in Baltimore, and in blighted areas, the property taxes were ALREADY high because the rates were high.  If the area gentrifies and values go up, then the city should lower rates.  that way, the people who lived there a long time would probably end up paying the same, but because vacant houses would get filled, the city would still end up coming out the same.

The person's example is wrong because it isn't low-income homeowners who get pushed out.  It's low-income renters who get pushed out.

Again, the city could solve the problem by requiring a certain percentage of all apartment complexes be low income.

the result would be that poverty would be dispersed, which actually is a good thing.  I don't think it serves low-income communities to be concentrated.  The problem with gentrification is that the people who push for it want to push out ALL low-income people instead of integrate low-income communities with middle and upper income.

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