Poll: What is the worst case of elite culture fail?
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From a pro-development point of view it would still cause problems with displacement in cases where the supply of housing was restricted.
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The culture fail IMO comes from the disconnect btwn what elites in formerly creative neighborhoods think they‘re doing vs. what they‘re actually doing. Maybe gentrification wasn’t the right word, since there’s a range of processes involved in ex. producing empty storefronts etc.
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Unfortunately, new luxury supply can paradoxically increase pressure on local housing. The new elites demand service workers that the transportation networks in major cities are unable to supply.
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I’m all for art but not if it means preserving picturesque low-density slums