Quote:
Originally Posted by Steely Dan
that's definitely not just a detroit thing. the inability of many working and middle class black families to build generational wealth through home ownership at the same rates as whites, all because areas that are majority black are simply perceived as less valuable by the "infallible" market, is one of the most stubborn and pernicious aspects of continued structural racism in american society today.
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Correct me if I'm wrong but... whenever the opposite happens, it's
also considered bad because then the local blacks don't have access anymore to the cheap housing that comes with depressed real estate values, and many end up displaced.
If black neighborhoods are cheap, it's bad; if black neighborhoods aren't cheap anymore, it's also bad. What would be your solution to this? To tell the vocal anti-gentrification protesters to shut up...? (That's the one I'm leaning towards, all things considered.)