Reply to D.C. has the highest ‘intensity’ of gentrification of any U.S. city, study says

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][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]

why is people not knowing how to manage something somebody somebody else fault [/quote]

+1 Getting really sick and tired of these types of excuses being used as examples of gentrification. Many of these people don't know how to manage finances and that is not anybody else's fault. Those with higher incomes shouldn't be tasked with figuring out how to help grown adults that never learned how to budget.[/quote]
 Oh how ignorance and selfishness rule the day.
Unequal schools 
School to prison pipeline 
Redlining 
Predatory lending 
Just to make a few of the factors that affect some of the residents being pushed out.
 It never fails to amaze me how people live in this selfish narrow bubble thinking that everything they got everything they had opportunities to get to learn to achieve those exact same things or readily available to every single other person. I guess this whole college scam didn’t open your eyes to  how much the system is rigged . Hello everybody didn’t get what you got everybody didn’t get to have what you had and there are a lot of hard-working good people who are not Paul Manafort or June and Ward Cleaver whose very financial stability teeters  on shaky ground .These are people who work hard whose families have worked hard , whose grandparents and parents , some of whom couldn’t even vote when they were coming up, some who were not allowed to live anywhere else could only work certain places,  don’t have the luxury and the privilege of generational wealth  and the gifting of a house down payment .
You can pound sand.[/quote]

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