Simply displacing a population can make an area more wealthy but it does little for the overall population.
So, I don’t think we care about land here but rather people.
So, I don’t think we care about land here but rather people.
Not sure about that.
Also a lot of non-market housing being rented, all those people also benefit.
Poor areas have few people with the knowledge/ resources to really leverage gentrification which is why they are living in poorer neighborhoods to begin with. So the average outcome may be a slight improvement due to the major winners, but the median outcome is likely a net loss.