Hacker News new | ask | show | jobs
by Symmetry 5120 days ago
Presumably they're objecting to "hope the gentrification raises property value substantially for the home-owning locals who've been here for years". Which presumably was the opposite of what the poster meant to write.
1 comments

is the opposite what he meant to write? It was always my assumption that he was correct; gentrification raises property values, so "home-owning locals" make money off of their real estate value going up, while renters will be potentially pushed out (or stay and pay more in rent). Am I missing something?