Quote:
Originally Posted by SLC Tortfeasor
There's still room for more gentrification there. I really don't think it has come close to topping out. I expect to see a small spike in property values in the area as the Marmalade project gets completed.
|
While I agree that it is nice that there are still some properties that are still at an affordable rate. I disagree with the hope for gentrification. The problem with gentrificatioin is that it changes the feel of the area, when the area has been completley upgraded and a completley new demographic has moved into the area. Sugarhouse is an example of that, I am a big fan of sugarhouse but as it has gentrified over the past 15 years certain properties that made it what it was are no longer going to be there.
I think a mix of higher end and low end housing really makes a city or a neighborhood a more diverse enjoyable place to live. Yes gentrification often times lowers crime rates because the poor can no longer live in that area, however they are then forced to move to another neighborhood that has not gentrified yet, but may be safe. This move once again creates a poor high crime area of the city.
I think I rambled a little but I think I made my point. Just my two cents.