Quote:
Originally Posted by llamaorama
If gentrification doesn't exist, why can't I afford to live in New York or San Francisco?
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You can, you're just not willing to change your lifestyle to live like New Yorkers or San Franciscans. That's what people are saying when they say "I can't afford to live in Metro X".
And no one is saying that "gentrification doesn't exist", it's that existing residents aren't displaced, because A. People want to stay in improving neighborhoods, while they tend to flee declining neighborhoods; and B. Most areas experiencing extreme gentrification have rent regulation and/or large amounts of subsidized housing.