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Comment by phoenixstrike | Hacker News Reader

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phoenixstrike·

How is gentrification negative?

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Drives up rent.

Breaks up existing, stable (if often impoverished) communities.

Increased, concentrated development can have a negative environmental impact.

Nobody is entitled to live in a certain area for a certain price. Such things lead to distorted markets and tons of other issues.

So do the developer incentives that have driven urban redevelopment for the last 2 decades. Hence, in part, the glut of luxury apartments and the ever-tightening affordable housing market.

Nothing wrong with luxury apartments. Today's luxury is tomorrow's regular housing.

If I may be glib in kind:

Narrator: He immediately found something wrong with luxury apartments.

http://fortune.com/2016/08/16/recession-risk-luxury-apartmen...

Is avoiding a distorted market more important than avoiding disrupting the lives of people?

“Nobody is entitled to live in a certain area for a certain price.” isn’t really true if they were there first and have established a family or a community.

Maintaining a functioning free market is not inherently a moral goal, although many seem to think it is.

There will always be disruption. Disruption is part of being human. How long do I have to live in a place to declare that I am no longer responsible for maintaining my financial stability and I get to demand free rent from the city? 2 years? 10 years?

That's the justification for indigenous genocide everywhere.

Concentrated development is exactly what you want for the environment. Urban living is way more environmentally friendly than non-urban living.

https://www.citylab.com/life/2012/04/why-bigger-cities-are-g...

If you rent.

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