The "lift all boats" outcome is exactly what activists are afraid of, because if that actually happens it makes the neighborhood "more desirable", and new people will start getting interested in moving in. Those people provide upward pressure on rents.
And once new people move in, they would now be "locals" and eligible for the jobs, too.
There's no logical way to satisfy these anti-gentrification groups because what they're afraid of is quite literally "the neighborhood getting nicer".
Instead of making their cause "keep the rent low by keeping the town crappy", they should make their cause "raise wages so we can afford a nicer town".
The business has to charge more in order to pay the newly increased wages that are necessary in order to hire the wealthier people who now desire to live in the improved neighbourhood.
I don't think they're afraid of "the neighbourhood getting nicer". I think they're afraid of people who don't know the local situation "helping" them out - "for their own good" of course. It is the same problems that countries face who work with the IMF/World Bank. Who wouldn't want free money?
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That doesn't solve the problem at all.
The "lift all boats" outcome is exactly what activists are afraid of, because if that actually happens it makes the neighborhood "more desirable", and new people will start getting interested in moving in. Those people provide upward pressure on rents.
And once new people move in, they would now be "locals" and eligible for the jobs, too.
There's no logical way to satisfy these anti-gentrification groups because what they're afraid of is quite literally "the neighborhood getting nicer".
Instead of making their cause "keep the rent low by keeping the town crappy", they should make their cause "raise wages so we can afford a nicer town".
The business has to charge more in order to pay the newly increased wages that are necessary in order to hire the wealthier people who now desire to live in the improved neighbourhood.
I don't think they're afraid of "the neighbourhood getting nicer". I think they're afraid of people who don't know the local situation "helping" them out - "for their own good" of course. It is the same problems that countries face who work with the IMF/World Bank. Who wouldn't want free money?