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A comment on If you sell a house these days, the buyer might be a pension fund. Parent comment

Re:If you sell a house these days, the buyer might be a pens... by michaelmrose on Wednesday June 09, 2021 @02:10PM (#27451136)
Where do you expect poor people to live exactly?
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Re:If you sell a house these days, the buyer might be a pens... by Telemakhos on Wednesday June 09, 2021 @03:28PM (#27452047)
In the big city where they currently live. The rural village I'm in now has a 7% poverty rate, while the nearest big city has a 21% poverty rate. The big city would like to redistribute its poor to suburbs and rural areas and redevelop ("gentrify") the land the poor used to occupy. Poor people don't suddenly come into existence ex nihilo: they exist and live somewhere now. They just need to move into the countryside because the urban real estate is worth too much for them to live on it.
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Re:If you sell a house these days, the buyer might be a pens... by dragonwriter on Wednesday June 09, 2021 @02:11PM (#27451147)
The standard answer has a convenient acronym: NIMBY.
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Re:If you sell a house these days, the buyer might be a pens... by ipaddr on Wednesday June 09, 2021 @03:24PM (#27451994)
In places that can support additional social services not available in remote communities. The poor are being kicked out of cities.
[ Parent | on HN ]