Will I be able to live with myself if I contribute to "gentrification"?
March 21, 2007 6:41 AM
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Ethics question. Should I contribute to gentrification or not?
I'm thinking of buying into a neighborhood in DC (Petworth - http://www.petworthdc.net - to be exact) that appears to be in the beginning stages of gentrification. Without getting into the safety concerns, what are your feelings on contributing to gentrification? I am young, white, and can't afford much of anything in the rest of DC. (And am not quite ready to move to suburbia.) Petworth (besides the safety concerns) also has a lot to offer (more residential, more space, yards, basements, possibly a great investment). Should I only buy in areas that already fit my demographic, or is it okay to contribute to gentrification (by which I understand that I would be a factor in making poor, mainly minority people have to leave the nieghborhoods they now live in). I've read the pros and cons, but I wouldn't mind hearing them again here (might be some I haven't heard of), and also I'm interested in your gut feelings about this issue.
(Full disclosure: I want to feel okay about this b/c I want to be able to buy a house in this (or similar) neighborhood, but my gut tells me it's morally wrong. I don't have a ton of faith in my gut on complicated issues like this, though. Hence the question.)
posted by n'muakolo to home & garden (29 comments total)
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Property prices increasing in urban areas is a natural part of supply and demand; forcibly removing working-class businesses to make way for condos that are going to sit empty for the most part seems to be a recent idiocy.
posted by dagnyscott at 6:48 AM on March 21, 2007