Hacker News new | ask | show | jobs
by FartyMcFarter 2966 days ago
Assuming that the housing supply is finite, the poorest person living in a city is also displacing a different potential resident, just as much as a medium income person, right? Yet gentrification is always portrayed as the "richer" people trampling on poor people. Go figure.
2 comments

>potential resident

Gentrification and displacement are distinct from the exclusion of potential residents. To get someone's home transferred to you, you generally have to outspend them, so the gentrifier is essentially always richer than than the displaced person (though there could be corner cases with similar means but different willingness to spend on housing, etc).

A poor person does not have the means to displace someone. If you can't afford to rent or buy a home you aren't displacing anyone. A wealthier person does have that ability.