SuckMyAssmar

SuckMyAssmar t1_j8ovfxt wrote

Reply to comment by man2010 in Gentrification by [deleted]

Can you expand on your first point about the high standard of living? I think I am missing how rent control would affect that. (Serious)

Also, is there low demand for east-west rail? I genuinely would use it but I don’t know the stats.

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SuckMyAssmar t1_j8oun9p wrote

Reply to comment by JPenniman in Gentrification by [deleted]

I am not sure of this. There are management companies and landlords that will keep (expensive) units vacant. I will have to look into the prevalence of this in Boston and the surrounding areas.

To your second point, can government subsidize the units that middle-class renters would be in? Do you think it is plausible or possible? Any other ideas on how to make affordable units affordable?

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SuckMyAssmar t1_j8otscb wrote

Reply to comment by itsonlyastrongbuzz in Gentrification by [deleted]

Ok, you are kind of all over. Luxury apartments are priced at market rates. You are also looking at this with an economist’s view, talking about the market CoRrEcTiNg.

Do you have any responses to the questions I posed above?

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SuckMyAssmar t1_j8oomns wrote

Reply to comment by Wilforks in Gentrification by [deleted]

I agree with your first two paragraphs, but I am not talking about young people, really. They are typically college graduates that have high-paying jobs. I am talking about an immigrant family that has lived here for 12 years and has 2 kids under age 10. Or couple that moved from Ohio to Mass and both 35 year old individuals work at TJ Maxx, one as a manager making $60k.

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SuckMyAssmar t1_j8ola7p wrote

Reply to comment by Middle-Example6618 in Gentrification by [deleted]

I disagree because those that have been living there for, say, 20 years get priced out. Their landlord sees an opportunity to make more money and increases the rent accordingly. Where are these individuals to go?

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