[syshum]

There are dual problems with renters, my personal experience leads me to believe it is not the renters that are the problem in neighborhoods with high amounts of renters.

While it is true the renter does not have "skin in the game" it is also true that many landlord put in only the absolute bare minimum of resources to maintain the rental property.

For example my grandmother before she passed lived in a aging neighborhood, as the original residents passed the homes where sold off as investment properties. She generally had a good relationship with most of the renters however the owners of homes routinely refused to repair things, refused to have proper tree maintenance done, and other such problems that would not be the responsibility of the renter.

[tt433]

If the property is adjacent to a gentrified neighborhood but not yet pricey, the landlord can degrade service until the low income tenants leave, renovate the property, and charge new gentrified prices as well. I know of a couple buildings in the DMV area that were doing this within the last 10 years

[syshum]

Well in my families case it was what ever the reverse of gentrification is. As the original owners died off in that neighborhood the neighborhood got worse and worse, more crime, less value, etc etc etc

The owners of the properties were not waiting out the poor people hoping to strike it rich like you seem to be implying

[tt433]

Just wanted to add there's lots of factors at play besides the renters specifically