Sarasota Livin'

A British blogger at Neighbourhoods Blog has several interesting links on the topic...

"recent work by Lance Freeman of Columbia University, on a recent US national study of gentrification. His conclusion apparently was that "gentrification drives comparatively few low-income residents from their homes. Although some are forced to move by rising costs, there isn't much more displacement in gentrifying neighborhoods than in non-gentrifying ones... A poor resident's chances of being forced to move out of a gentrifying neighborhood are only 0.5% greater than in a non-gentrifying one."

I am sure home prices going up 30+ percent per year are not a good thing for any neighborhood. That just seems to cause investor craziness... But if a neighborhood is moving from rundown building stock with a depressed economic base ---> to renovation and infill with middle and upper class people and business moving into the area ---> that just "seems to me" to be a good thing.

More info on the same study comes from USA Today via Cooltown Studios ...

So should I keep editing or add new??? so confusing

Anyway Dave from City Comforts say "let em move" he brings just a little of his libertarian views to the subject. I have to agree I don't see any social contract that says anyone has a right to live somewhere that I have to pay for them .. when I can't afford to live there...

.. I am pretty libertarian also. But if someone wants to subsdize me getting a downtown Sarasota water view condo please call me ASAP...

Adding another link about this topic from Complexcities