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by motohagiography
39 days ago
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"Artists are the storm troopers of gentrification," was some famous Toronto graffiti and I've been a part of the gentrifying class in a few cycles and neighborhoods in my life. It's never organic. Everything cool is a real estate play. By this point there should be a 3-5 year formula where someone can finance buying a crappy strip mall or corner building and turn it around as the hip new thing and exit for 5x anywhere in the world. Invest in loss making restaurants and music venues operated by the people who care about them. |
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