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A comment on U.S. house prices are rising exponentially faster than income. Parent comment

Re:U.S. house prices are rising exponentially faster than in... by jlokier on Saturday October 30, 2021 @08:07AM (#29048145)
Improving a "very bad neighbourhood" in the sense of "poor person's neighbourhood" tends to be undesirable for the people who are priced out as a result. Owners will do ok financially, but rents will rise, forcing many to leave the place they are settled in, may have grown up in, and often where their extended family lives.
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Re:U.S. house prices are rising exponentially faster than in... by jhgb on Saturday October 30, 2021 @08:27AM (#29048243)
If the alternative is to keep it a "very bad neighbourhood", I don't see how how the situation is not at least even. (Unless "very bad neighborhood" was an exaggeration. "Poor person's neighbourhood" certainly wasn't what I imagined, but I live in a place where most "poor person's neighbourhoods" are pretty good...just poor, that's all).
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