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by tecoholic 719 days ago
Yeah. Me too. Does it mean, they just gentrified the entire town and only rich people live there? Or is it more like they created enough opportunities and incentives that poorly paid jobs became better paid jobs?

I can see how the latter is “not invest in poverty”. But I have doubts that the trickle down effect can be that effective. Maybe it works well in a small population?

1 comments

I live near there. Carmel is now a very nice place to live, easily the nicest place to live in the State. It has very impressive walkable areas, tons of new restaurants and shops, the best schools in the state. It has become easily the most desirable place to live in the region, and good jobs have followed that.
Who does the bad jobs? How much do they get paid and where do they live?
There are a few lower cost apartment complexes, but for the most part they commute from adjacent communities because wages in low-income jobs are usually pay 15-25% better in Carmel.