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California

OldBaldy1701E

(6,897 posts)

11. Good ole 'gentrification'...

Reply to The Unmitigated Gall (Reply #5)

Sun Jun 18, 2023, 06:38 AM

Jun 2023

I have watched it destroy several communities. The rich are like locusts. They move into an area because they love the 'eclectic' feel, and then ruin it by making the area they moved into just like the area they moved out of by driving up property values, demanding conveniences that ruin certain businesses and displacing those who made the place interesting in the first place. It sucks and is a detriment to the area that suffers from it.

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Empty offices, abandoned malls, concerns over crime: Why the Golden City is losing its luster [View all] mahatmakanejeeves Jun 2023 OP

Seems the pendulum is swinging. quaint Jun 2023 #1

One thing you need is tax revenue. Every person who leave takes that with them. jimfields33 Jun 2023 #7

I hate to see my beloved City suffer and degrade like this, but in terms of climate Hugh_Lebowski Jun 2023 #2

Agree, though BART is in big trouble too ... Auggie Jun 2023 #8

They're planning on extending parking meter hours 'till 10 PM Mon - Sat and Sundays 12 PM - 6 PM. NBachers Jun 2023 #12

Heard about that. It sucks. Auggie Jun 2023 #13

I remember SF from the days before Silicon Valley spilled over. 1980's. usonian Jun 2023 #3

Too many people teying to make their money work for them and over maximizing profits. Pricing out .. marble falls Jun 2023 #4

Yep. It was a city of artists and poets, musicians... The Unmitigated Gall Jun 2023 #5

Good ole 'gentrification'... OldBaldy1701E Jun 2023 #11

This happened in New York City in the 1980s and everybody who bought the depressed properties ZonkerHarris Jun 2023 #6

I would love to do that if the housing market has also had a downturn. Susan Calvin Jun 2023 #9

Not quite the same now I doubt. LiberalFighter Jun 2023 #10