No, otherwise it'll go out of control. It already is unfortunately and poeple can't afford rent so we need to disincentive people from getting rich through properties
People often say that the centre of Athens (eg Kipseli, Omonoia, Victoria) is being gentrified, but they forget to notice that the opposite had happened about 2 decades ago. Some previously middle class neighborhoods very close to the centre became ghetto - like through mass immigration, and became cheaper and more dangerous as well. If now middle and upper middle class people go there again, this wont be a gentrification, but a "come back" of the area. I happen to also live in such areas, and while we should be indeed careful about the impact of certain investments in a neighborhood, sometimes this rise of the level of a community can be good like the case of Athens imo. But is should happen gradually and not through touristic investments, but through the upgrade of infrastructures and the attraction of locals.
Depends on how you value a property id argue it was worth more when it was cleaner and the ecosystem was intact so you can actually live off the land without being a cancer on it
Nah. Comparing gentrification to a conquest is insane. Those people didn’t come from another place, they came from other parts of the same city if not, same state or country. It’s really an absurd comparison.
As a hardworking lower middle class white guy, I don't expect to be able to live in the center of Paris, Manhattan, London, San Francisco etc. Right now they are trashing the historic district of my hometown of Savannah -- with "affordable" -- subsidized -- housing. I'm not eligible because I am not on government assistance. Nor will I be.
People get upset by the word gentrification. Maybe you should have bought property in the cities you lived in for generations. You’d probably feel differently about it. Instead of being forced out because you can’t afford the rent, you’d be selling your house and becoming an instant millionaire.
Property tax is theft.
Get rid of the property tax. Let people gain wealth through their property.
No.
No, otherwise it'll go out of control. It already is unfortunately and poeple can't afford rent so we need to disincentive people from getting rich through properties
@@syyylvo under your system who decides who gets to live where? Do all properties cost the same? Who decides the property prices?
People often say that the centre of Athens (eg Kipseli, Omonoia, Victoria) is being gentrified, but they forget to notice that the opposite had happened about 2 decades ago. Some previously middle class neighborhoods very close to the centre became ghetto - like through mass immigration, and became cheaper and more dangerous as well. If now middle and upper middle class people go there again, this wont be a gentrification, but a "come back" of the area. I happen to also live in such areas, and while we should be indeed careful about the impact of certain investments in a neighborhood, sometimes this rise of the level of a community can be good like the case of Athens imo. But is should happen gradually and not through touristic investments, but through the upgrade of infrastructures and the attraction of locals.
Depends on how you value a property id argue it was worth more when it was cleaner and the ecosystem was intact so you can actually live off the land without being a cancer on it
No, a massive change in the populace of a city would be called massive immigration nowadays.
But we aren't allowed to talk about it, are we?
This is how African Americans across the country and especially in my dad’s hometown of Washington D. C. lost their properties!
What do you want to happen then. Keep an area poor all because a ton of x group live their?
Vote for the political party that reduce taxes.
It's kinda like a mini colonization within a city
Nicely done Ariel👌🏻
The opposite of gentrification is actually much worse than gentrification.
new york . In a nutshell, what New York forgets is that not everyone has millions.
Nah. Comparing gentrification to a conquest is insane. Those people didn’t come from another place, they came from other parts of the same city if not, same state or country. It’s really an absurd comparison.
Womp womp
As a hardworking lower middle class white guy, I don't expect to be able to live in the center of Paris, Manhattan, London, San Francisco etc. Right now they are trashing the historic district of my hometown of Savannah -- with "affordable" -- subsidized -- housing. I'm not eligible because I am not on government assistance. Nor will I be.
People get upset by the word gentrification. Maybe you should have bought property in the cities you lived in for generations. You’d probably feel differently about it. Instead of being forced out because you can’t afford the rent, you’d be selling your house and becoming an instant millionaire.
You're lying
To those complaining about gentrification, on the flip side would u rather have slums & run down ghettoes?
Thats my point.
The neighborhoods that gentrify and become more expensive didn't necessarily used to be slums and ghettos