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Reply to "Gentrification shaming makes no sense to me. "
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[quote=Anonymous][quote=Anonymous]Anyway this is what it means to really do the work of understanding the biases and racism within our country. Yes you were able to buy a home in a neighborhood you desired that is now desirable. However, for decades when working class black families lived in those neighborhoods they were not desirable. Resources were not provided, retailers would not service there, schools were allowed to decline and city services were not provided. Home values naturally plummeted devaluing the worth of those homes. Decades later some plucky and entreprenuerial white people decided "hey I don't want to live in the burbs. i want to live in the hood." They convince Sally and Mike to move there. They buy homes for dirt cheap from the original owners whose home values were depressed, bc in general black neighborhood home vales are in America. More white ppl buy cheap homes. More companies start to take notice. They move in. Home values skyrocket! The original homeowners now cannot afford to live where they did due to rising taxes, maybe unscrupulous developers etc. Bc of course there are very few safety nets in our country. Sally and Mike eventually sell their home and make a 400% profit and move to the lily white [and a sprinkle of Asian] enclave of "North" Arlington. ----I know many people who have done this. [/quote] I think it's more layered and complicated than that. We are census-white (though middle eastern, so not white presenting for some) and have lived in our neighborhood for two decades - our house was not dirt-cheap, actually, but we bought it as is in the 300s. Our neighbors are largely AA MC and retired professionals. Many of them are selling now - and they are getting 850k-1 million for their homes. So, they are benefitting from gentrification, but DC doesn't do a great job of allowing people to age in place. [/quote]
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