Goldilocks problem. The rents that support financing new housing are the rents that displace lower-income residents.https://twitter.com/markasaurus/status/651844966990245889 …
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Replying to @kimmaicutler
@kimmaicutler Also known as "poor people don't have a lot of money".1 reply 0 retweets 1 like -
Replying to @Noahpinion
@Noahpinion dilemma of cities. "Either we're crime ridden and blighted or gentrifying," said Oakland's planning director last night.1 reply 0 retweets 1 like -
Replying to @kimmaicutler
@kimmaicutler That's why I like gentrification! It's basically a bet that blight/crime are not purely functions of bad individuals.2 replies 0 retweets 0 likes -
Replying to @Noahpinion
@Noahpinion I like gentrification if it implies integration, not pure inversion of the previously problematic urban structure.1 reply 0 retweets 0 likes -
Replying to @kimmaicutler
@kimmaicutler I don't like that it makes poor people pay transaction costs (to move).3 replies 0 retweets 2 likes
@Noahpinion this Harvard prof just won a MacArthur grant, this book next year.http://www.penguinrandomhouse.com/books/247816/evicted-by-matthew-desmond/ …
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