SuckMyAssmar t1_j8oxkcd wrote
Reply to comment by bww37 in Gentrification by [deleted]
Thank you so much for your comment. I have already learned a lot!
I also wished that commenters on this post would engage in more stimulating discussion rather than saying displacement of families is just “life.”
Can you please share what LIHTC and IZ mean? The first one being low-income housing….
bww37 t1_j8p1x5c wrote
Of course! And I agree with you. I wish more people would approach the topic with nuance rather than just “rent control = bad” “more supply = good”
And on your point about displacement/gentrification being just “life”, absolutely agree with you. If you take the time to learn about redlining, urban renewal, white flight, etc you’ll learn that there is nothing natural about the housing market. The government has intervened in the past to fuck things up and they can intervene now to help fix what they messed up.
As for LIHTC and IZ, here are some links! (Since they’re complex and I won’t do it justice)
https://inclusionaryhousing.org/inclusionary-housing-explained/what-is-inclusionary-housing/
SuckMyAssmar t1_j8p281e wrote
To clarify, I was referring to another commenter talking about how “life is life” in regards to gentrification and displacement of long-term residents.
I am veryy familiar with those policies and the history of real estate, but I hope others on this sub can learn about them!
Thank you for the links!
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