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*** Poll question should be How does gentrification affect a neighborhood ***
Gentrification is a positive to society, but I don't think it preserve's historic buildings whatsoever. In some cases it does, in other cases it completely wipes them out for denser units. I would also argue Gentrification is generally positive for increased urban development, as it's often an old school single-family neighborhood transitions to a more urban, higher household density area.
My view on it, is for the vast majority of the people gentrified out, they move into areas, with more economic opportunity and often far more income diversity and better schools than their current area. In general the areas were folks who are gentrified from never even come close to declining to the levels of the neighborhood they left. For example their might be an absolute majority if not a plurality of folks in Prince George's County that are from D.C city limits. Prince George's County besides neighboring Charles County is the wealthiest plurality/majority black county in the United States, and while it has it's problem's with crime is generally lightyears safer than South D.C. I would argue the worst of PG County doesn't even compare with an average South D.C neighborhood in terms of rampant crime.
*** Poll question should be How does gentrification affect a neighborhood ***
given your plusses, the negative is inconsequential.
The only downside to gentrification, generally, is the gnashing of teeth by progressives* over low-income tenants that get their poor-condition rental taken away when the current generation sells off the old family home.
*hopefully liberals & Dems don't wail, because they, along with progressives, are generally the class that moves INTO the area to gentrify it. Progressives just don't even see or care about their hypocrisy.
also, your plusses should include "better condition of buildings".
It seems like most municipalities already have mechanisms in place to help long-time owners who would struggle with higher property taxes on a fixed income. So the canard about "grandma got forced out by soaring property taxes" is generally just a smokescreen.
And if your municipality doesn't have this mechanism yet, then they should prioritize it if gentrification concerns them at all.
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Its a positive in improving the quality of the neighborhood but a negative for those that can no longer afford to live there. There will always be poor people that doesn't change and this just pushes them form one location to another.
It's definitely a positive, just not for everyone though.
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