That's a huge fukking problem... No one has the money to be paying all these exorbant rents with the luxury apartments there's only so many rich people in this world!!! 
My NYC Black Folk......Gentrification
- Thread starter Lewis Black
- Start date
That's a huge fukking problem... No one has the money to be paying all these exorbant rents with the luxury apartments there's only so many rich people in this world!!! 
I posted it to show that there isnt enough demand to gentrify the entire city
88m3
Fast Money & Foreign Objects
ogc163
Superstar
So what happens if the hot money flows from China slow down within the next two years?
88m3
Fast Money & Foreign Objects
They're rentals/affordable housing/sustainability focused. I don't think China will have any bearing on that. They're cracking down on EB5 on both ends but that's a different story.
A lot of these developers seem to be having luck getting financing through bonds lately.
Rental and housing prices are starting to contract but there's still a lot of money on the table. The housing/quality housing/semi luxury/rental/condo (think1-3k a month or sales 500k-2MM) shortage still exists.
Francis White
i been away to long, my feeling died.
You see this is why we lose. Distractions. Who gives a shyt about their yelp reviews? The store owners can either chose to change or continue doing what they want, now if a competitor comes in they should change or face the loss.
What people should focus on is that over 60% of public housing will be privatized in the next 2 years. Mostly in the supposed "gully" areas of the Bronx and Brooklyn and upper manhattan.
Do people realize that MLK high school on the upper west has been closed? That Power Memorial was closed and yet the school of performing arts is still open? Think about that for a second. Whole high schools with a majority student population of blacks and minority's gone to push gentrification. That's better to think about than fukking yelp reviews.
It's a joke
Mlk closed and was replaced by several smaller schools in the building. Same thing happened to my high school and others in non gentrifying areas. Everywhere wont gentrify
88m3
Fast Money & Foreign Objects
Mlk closed and was replaced by several smaller schools in the building. Same thing happened to my high school and others in non gentrifying areas. Everywhere wont gentrify
88m3
Fast Money & Foreign Objects
As a bx nikka. Some places always be the same
Poor people have to live somewhere
I hear you but idk. In Brooklyn where I am things have tripled in cost. In Brownsville and even East New York people are even being uprooted. Someone will always have more money even if it's not much. A lot of people are being displaced.