Gentrification
Re: Gentrification
But what was a 3-bedroom near W. Broadway in 2005? Saying that they're comparably expensive now doesn't really prove anything; the relative price increase for Frogtown could have been much higher.
You also aren't doing a study, just looking at what's readily available. There could be (not saying there are) more sub-1100 3bdrms that just disappear quickly.
(Having said that, I can't find a sub-1100 3 bedroom on the East Side either, or virtually anywhere else.)
(But I don't think most landlords in Payne-Phalen ask for 3x rent-to-income.)
You also aren't doing a study, just looking at what's readily available. There could be (not saying there are) more sub-1100 3bdrms that just disappear quickly.
(Having said that, I can't find a sub-1100 3 bedroom on the East Side either, or virtually anywhere else.)
(But I don't think most landlords in Payne-Phalen ask for 3x rent-to-income.)
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- IDS Center
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Re: Gentrification
Of course we need post 2013 data, but pg. 35-36 shows 2005 vs 2009-2013 rents.
http://www1.law.umn.edu/uploads/57/8c/5 ... y-2016.pdf
http://www1.law.umn.edu/uploads/57/8c/5 ... y-2016.pdf
Re: Gentrification
I'm not sure how much that study proves. The "Thomas-Dale/North End" neighborhood as a whole doesn't show much change, but it's also such a large and varied area that decreases in one subarea could be masking increases in another. The part of that considered "Frogtown" is only about 1/4-1/3 of the total.
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Re: Gentrification
Proposal in Montreal to limit gentrification by restricting restaurants.
https://www.theguardian.com/cities/2016 ... are_btn_tw
https://www.theguardian.com/cities/2016 ... are_btn_tw
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Re: Gentrification
http://www.startribune.com/gentrificati ... 401987055/Gentrification accelerates in Minneapolis and St. Paul
High apartment rents are outpricing homes and pressuring the poor.
Q. What, what? A. In da butt.
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- Stone Arch Bridge
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Re: Gentrification
Gentrification Cano Yadda
http://www.startribune.com/as-minneapol ... 403295696/
http://www.startribune.com/as-minneapol ... 403295696/
Re: Gentrification
What's the best way to remedy this? Are developers not interested in lower-wealth development in other parts of the city? That would seem odd considering the growing demand for it.
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- Stone Arch Bridge
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Re: Gentrification
Boom.
http://www.startribune.com/counterpoint ... 403874986/
Counterpoint: Gentrification isn't the rental problem; poverty is
http://www.startribune.com/counterpoint ... 403874986/
Counterpoint: Gentrification isn't the rental problem; poverty is
- FISHMANPET
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Re: Gentrification
I hate to admit it, but there is some merit to the arguments made by the (always irate?) commenters; namely, how much of this steep decline (44%!) in wages is led by the influx of non-earning, or very-low-earning refugees/immigrants, who happen to be of color?
I think we need a much more complex demographic breakdown to really make the conclusions submitted by the author. Still a good read, though.
I think we need a much more complex demographic breakdown to really make the conclusions submitted by the author. Still a good read, though.
Re: Gentrification
Minneapolis rents have really only gone up $48 since 2000? That's another area where I'd be curious to see the specifics of how that's played out.
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Re: Gentrification
The cause of higher poverty rates is very important. It is also not an argument against the article. The point of that editorial was that poverty is the problem, not gentrification. Rents will go up because of inflation even if all you are doing is maintaining a mediocre building. The alternative is to let a building degrade into a slum. The city fights hard to stop that from happening.I hate to admit it, but there is some merit to the arguments made by the (always irate?) commenters; namely, how much of this steep decline (44%!) in wages is led by the influx of non-earning, or very-low-earning refugees/immigrants, who happen to be of color?
I think we need a much more complex demographic breakdown to really make the conclusions submitted by the author. Still a good read, though.
The cause of higher poverty does not change the fact that higher poverty is the root of the problem and solving poverty is the only real solution. How best to do that is of course a matter of debate.
Re: Gentrification
So we did look at what caused the decline in incomes, and the answer seems to be a combination of real income stagnation and decline, geographic sorting - middle-class black families flee concentrated poverty and move to the suburbs like middle-class families of all stripes - and, yes, a large number of low-income new arrivals. Determining the exact proportion to which each factor is responsible is tricky. But like BoredAgain points out, in some ways, you don't need to know the precise cause of intensifying central city poverty to realize that it, and not gentrification, is behind the loss of affordability that's raising concerns.
Re: Gentrification
CM Cano held a forum on gentrification tonight, from which my main takeaway was that she's going to try to institute rent control which is... well, counterintuitive.
Re: Gentrification
Cano proposes rent control.
If by counter-intuitive you meant entirely predictable, then I agree.
If by counter-intuitive you meant entirely predictable, then I agree.
Re: Gentrification
Counterproductive is a better description than counterintuitiive.
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- Stone Arch Bridge
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Re: Gentrification
The end of the forum included everyone participating in a "Rent Control! Rent Control!" chant. No joke, there's video.
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Re: Gentrification
So wait did you actually go Matt?
Also I saw on Twitter it came up that Gentrification is as much about keeping certain kinds of people out as it is with kicking those same people out. How does that square with the idea that I also saw on Twitter that we can't build our way out of Gentrification? Seems kind of counterintuitive to fight for more affordable housing to be built if it just causes gentrification no matter what.
Also I saw on Twitter it came up that Gentrification is as much about keeping certain kinds of people out as it is with kicking those same people out. How does that square with the idea that I also saw on Twitter that we can't build our way out of Gentrification? Seems kind of counterintuitive to fight for more affordable housing to be built if it just causes gentrification no matter what.
Re: Gentrification
One new concept for me at the forum was the idea of "exclusionary displacement," which is displacement that ostensibly takes place when low-income people of color can't move into a new neighborhood because housing costs in that neighborhood are too high.
And hey, if "exclusionary displacement" is gentrification, then they're right - we've got gentrification all over the region, it's a major problem, and we should definitely resolve it with a concerted effort to build affordable housing in Minnetonka, Edina, and Southwest Minneapolis.
And hey, if "exclusionary displacement" is gentrification, then they're right - we've got gentrification all over the region, it's a major problem, and we should definitely resolve it with a concerted effort to build affordable housing in Minnetonka, Edina, and Southwest Minneapolis.
Re: Gentrification
(Strange moment here at 37:50 where Cano and the crowd try to figure out whether the Minneapolis budget is $1.3 million or $1.3 billion: https://www.facebook.com/peopleforalond ... =2&theater)
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