[georgeoliver]

> Keep in mind that "gentrification" also tends to make local residents wealthier — it's not as simple as the usual picture in which locals are simply pushed out.

I'm genuinely curious to see your sources on this -- isn't displacement of original residents the primary definition of gentrification?

[theptip]

Not everyone is renting in the gentrified areas. If you own, your equity goes up in value.

[8note]

But all you can do with that is take out debt or move away. In the mean time, your property taxes go up

[fennecfoxen]

The problem at the core of gentrification is that when people do end up moving away, those formal and informal networks which helped them all get by are torn into pieces. The problem at the core of uncompromising anti-gentrification is that without growth, the city will stagnate or decay, without any of the money that could make things better (both on an individual level and from the perspective of the city budget.)

Managing this is hard, and will expose a politician to the realities of messy tradeoffs. It's far harder to find the political will to make something work, and much more convenient to shout either "Progress!" or "Oppression!" and make hard problems harder.

[jwagenet]

In addition to increased equity, I’d argue original residents also have an opportunity to take advantage of the increase in commerce with increased foot traffic to existing businesses or creating and supporting new businesses.