| birddog3k | 08-26-2020 05:12 PM |
Quote:
Originally Posted by threezero
(Post 8997133)
Gentirification is usually follow by displacement of the original inhabitant. Since you are an investor in US real estate (I assume you are just an investor and not someone that actually resides in the neighborhood). How do you know that the original inhabitant actually benefits? How many of those poor black american living in the area being gentrify are actual home owner?
Who is truly benefiting from a raising property prices in an ex slum? The slumlord or the unfornately renter that have no choice but to live in the ghetto to begin with, precisely due to its low rent price? Where do those people go now that they can no longer afford rent in their previous resident?
This is speaking from a position of priviledge where one already own asset. AKA you as the real estate investor. Any development is great, it improves the ares, raise the economy. All things you can tangibly measure with stats and numbers. What you can't measure is the plight of those that doesn't get records on any official numbers. You know the truly improvish and an under priviledge are doesn't show up in official statistic, Its too poor to even file a tax report and hence does not show in official data and a measurable unit.
One of the big criticism of Trump is his reliance on cherry picking statistic to support his view. For some one with an economic background, this isn't hard to do. What is harder and require empathical thinking is gauging what these numbers have missed.
Gentrification is a neat magic trick. But it isn't a inclusive solution, more akin to sweeping all the dust under the couch and calling it gone instead of vaccuming it up.
| There are economic advantages for the original tenants as well. Gentrification doesn't happen overnight; your rent doesn't go from $400 a month to $900 instantly. The new uses of property allows for the community to open businesses to provide services. These businesses require people which results in an increase in wages and a decrease in unemployment. As the area grows, property values and wages rise. The increase in economic activity leads to a rise in living standards for everyone. Everyone benefits from improvement.
If you're concerned with people being displaced by gentrification, you have to ask why this has happened. This could be many reasons, poor education leading to lack of unemployment opportunities, unfortunate circumstances beyond their control, disability, and a ton more reasons. So tackle those. If we're looking at poor education, maybe it's time for an education reform. If someone doesn't know how to manage money maybe start introducing income statements and balance sheets to kids. Quote:
Originally Posted by mikemhg
(Post 8997142)
Looks like little Kyle also participated in a program for youth interested in joing law enforcement.
I'm so tired of the gas lighting. This is the type of people who are joining law enforcement. White, angry, suburban kids that want to treat the world like the Call of Duty game they play on a daily basis. People who think it makes sense to shoot indiscriminately into a group of protesters. Notice how young Kyle was "arrested" rather than being shot in the back or head?
Fascinating how that works.
| This is the type of people joining law enforcement? Really? There are something like 800,000 cops nationwide in the States. If even 1% of them thought the way you suggest, we'd have a ton more killings no? There were 1004 people killed by police last year which doesn't seem like a huge number considering there are 800,000 cops.
Let's say this number of too damn high. Do you think defunding the police is the solution? And if so, why? and how would you do it? | 