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Metropolitan DC Local Politics
Reply to "Educate me - why is gentrification bad?"
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[quote=Anonymous][/quote] [b]Why just Ward 3[/b], 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] +1000. Do you know what homes on Capitol Hill are selling for these days? Long-term resident of Ward 3 and I can't afford to buy a rowhouse on Capitol Hill at today's prices. Ward 3 also has a large number of senior citizens with many on fixed incomes. Anyone that thinks the only wealthy people in the city reside in Ward 3 needs to educate themselves on the socio-economics of today's DC. [/quote]
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