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> rent control is disrespectful to the rights of the property owner. Is there an inherent right of way for property owners over renters on the residential moral crossroads? If you’ve grown up in a neighbourhood, raised your own kids in that neighbourhood, spent time in and on the neighbourhood, don’t you deserve some respect? People without the fiscal wherewithal (nor social impetus) to buy, but who spent effort safe guarding their community, organising events for locals, tending to parks, churches; they created the neighbourhood. They added value to every single property. But God forbid they were not raised to “buy”: make way for the Propery Owner! I find this incongruous with what I’ve seen around me time and time again. People who’ve suffered through the hardest times of an area get pushed out when it does better. They deserved it the most, but got hoodwinked for the newer, flashier wind. Not unlike a spouse who stays with their partner through a tough disease, depression, or poverty, only to be dumped for a more beautiful and opportunistic competitor when the hardship has sailed. I’m not a staunch anti gentrifier (hell, I gentrify!), but I find using the word “respect” a bridge too far. |
To use your analogy, if you don't put a ring on it you might lose it [your partner]. At least if one is divorced there is likely some alimony.
I suspect much of the real problem with gentrification involves the legacy of redlining and other abuses of vulnerable populations, like predatory contract loans and subprime mortgages. If populations such as inner-city blacks weren't systematically prevented from purchasing property in past decades gentrification would probably be much less a hot-button issue.