> Marginalized communities that have seen home values skyrocket?
Illiquid property value isn't the same thing as having money, so...yes?
I mean, if you want every neighborhood in every urban area to be tech and finance bros, maybe this is a good idea, but most people would disagree with the premise you're pushing.
It absolutely is illiquid if you do not want to destroy the composition of an area. It cannot be converted without doing damage to the community in which it exists.
When the market is tech and finance bros, all neighborhoods and all stock will become tech and finance bro'd. That's a bad thing for that community and--uh--society at large.
Illiquid property value isn't the same thing as having money, so...yes?
I mean, if you want every neighborhood in every urban area to be tech and finance bros, maybe this is a good idea, but most people would disagree with the premise you're pushing.