Quote:
Originally Posted by Hamilton
Newport 30 years ago was railyards with nobody living there...so I don't know how you say minorities were pushed out there. Hoboken became so gentrified partly because it restricts development a lot more than Jersey City does. In most of Hoboken you can't even build a 5 story building...and they make you build a ton of parking. As a result, fewer new apartments went on the market there, and people had to compete for the smaller pool of apartments. So landlords raised prices and it pushed out the poor and minorities. Supply and demand.
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Exactly. If you want an area to gentrify, you limit the supply of new construction and the density. The politicians know this. Racist NIMBYs know this too. This is why higher density developments can receive such a backlash in communities throughout the country.
By aggressively adding new supply it's keeping rents affordable. Thankfully Jersey City planning knows this well. I have no words for the fools advocating to restrict development in the belief it would somehow stop rents from rising. That's literally the worst thing that can be done if the goal is to keep the community affordable and deter displacement of long-term residents.
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