News Sep 3, 2014 at 4:00 pm

Watching a Promise

Comments

1
Great point. I wonder how to keep an eye on this.
2
It seems to me that with the increased property values that come with the increasing desirability of the neighborhood would stand to only benefit long term home owners in the area. That is, so long as long term residents actually own their homes. If not, they don't really have the right to bitch about gentrification as they don't actually have a financial stake in the neighborhood. Assuming of course that the complaints about gentrification aren't simply rooted in good ol' fashion racism.
3
Chicken or egg? Who's going to shop at this new store, if the neighborhood is so ethnically pure? If nobody in the hood can afford to shop there, will the new house buyers not be more affluent? Wouldn't the $20M be better spent on plane tickets to Honolulu for the homeless?

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