10.28.2007

Gentrification in Philadelphia

A nice, balanced piece about gentrification in Philadelphia in today's
Inky: http://www.philly.com/inquirer/currents/10848357.html.

It rightly notes that while suburbanites cheer when property values go
up, a lot of city folk who have lived through "urban renewal" are
leery when it happens to them. It rightly points out that there are
places and people who need help dealing with shifting real estate
markets and financial vehicles. And it rightly calls for education
and transparency and good public policy to help such places and
people. Keep an eye out.

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