sagmag t1_j9hnl8o wrote
The sketchy places you don't want to go at night have low rents as a result.
As a result, young people and diverse communities who (traditionally) have less free capital, and start up businesses (particularly restaurants) can afford to live there.
The abundance of young people drives bars and other hang-out oriented businesses to move in.
The new bars and restaurants draw attention from a more affluent community.
"Cool" people recognize the potential in the neighborhood start to move in, driving more investment in the growing cultural scene.
Now a thriving neighborhood with things to do and see and eat, "rich white people" move to be close to, what is now becoming, one of the most expensive neighborhoods in the city.
Prices go up. Poor people leave. Restaurants cant afford rent and are replaced by national chains. The neighborhood completes its cycle from sketchy to boring.
Such is the way of things. Does it suck? Sure. Am I going to stop looking for the newest ethnically authentic restaurants to try food at? Am I going to not go to the cool new bar my friend heard about? No.
This is the problem with this sort of argument. Unfortunately there are things that just...aren't great. However, there's also nothing you can do about them. Next we'll have an article about how badly designed human knees are. Well...its true. It's not an ideal piece of equipment. That's not going to stop the next generation being born with knees.
[deleted] t1_j9jg8kt wrote
> there's also nothing you can do about them.
Probably some peasant working a king's field said the same, centuries ago. As did an American slave in a cotton field 200 years ago.
They were both proven wrong. Will you one day be proven wrong, too? I hope so!
Mparker15 t1_j9jn6id wrote
They are already proven wrong by the successful existence of rent control, public housing, and decommodification of shelter that many other cities have implemented with great success. The top 3 global industries are financial services, construction, and real estate, which all directly feed off the buying and selling of buildings and land. These markets and their monetary interests shape our experience with housing in every conceivable way, but some people can't see past that influence.
Funktownajin t1_j9hsi0c wrote
However, there's nothing you can do about them.
Sounds like you've thought of nothing and you're all out of ideas . There's quite a few things that can be done, most prominently rent control. I'm not sure how you figured that out...
ArticDweller t1_j9ii4ib wrote
Rent control is a tried and tested way to cause failure in a housing market and stagnate urban areas
Funktownajin t1_j9ik3f5 wrote
Rent control keeps vulnerable people from being displaced, which is the issue with gentrification. What causes housing market failure and urban stagnation isn't primarily rent control, it's a bunch of other policies that stem from the days of segregation and zoning laws to prevent changes to neighborhoods.
ArticDweller t1_j9ikwgj wrote
I agree with you that zoning laws are heinous. I disagree with you on rent control, there’s a reason market economies work and it’d be pretty weird if they didn’t work for this one thing. Price controls cause shortages, full stop.
subzero112001 t1_j9i6rhk wrote
> There's quite a few things that can be done, most prominently rent control.
How vague and simultaneously useless. Good job thinking of "ideas".
People want equality and equity while ignoring the fact that everyone isn't the same. And no matter how hard you try, you'll never get equal results. If you give people freedom, they'll segregate themselves into different castes over time.
Funktownajin t1_j9i8ue7 wrote
They use rent control in lots of places to avoid mass evictions genius, it is in fact a big deal.
[deleted] t1_j9ifygi wrote
[deleted]
subzero112001 t1_j9igbfd wrote
You do realize that if a landlord cannot increase rent to match inflation, then the landlord will be unable to fix anything wrong with the residence right?
Funktownajin t1_j9igjow wrote
Man i think you can answer your own question here, do your own research on rent control. And yes i saw you wrote a whole different response, deleted it and rewrote it. This new response isn't any better....
subzero112001 t1_j9jodow wrote
Good job not answering the question.
Funktownajin t1_j9jriy4 wrote
rent control doesn't mean not being able to fix anything, the question was loaded hyperbole from the beginning. So you need to do your own research.
subzero112001 t1_j9nbm0m wrote
Why do you keep responding if you're not gonna answer the question?
Funktownajin t1_j9p0sh8 wrote
I just did answer your question, it wasn't much of a question though...just hyperbole, like i said.
subzero112001 t1_j9rx6nb wrote
A "Yes it is, not it's not" retort does not constitute as answering the question. Again, why do you keep responding if you're not gonna answer the question?
Funktownajin t1_j9rxig0 wrote
The question had a false premise, are you really this stupid that you can't read or reason?
subzero112001 t1_j9y34cc wrote
Well if you’re not gonna answer the question you should probably stop responding.
Mparker15 t1_j9jmd7f wrote
This sub is not very open minded for being into philosophy. Some people can't comprehend any level of decommodifying housing even with real world examples like Austria's long running public housing strategy.
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