This post has been modified since its first release in February 2014. Strange as it seems Spike’s comments are still relevant years later.
Today on the news there is all this hoopla over Spike Lee’s complaint–not a rant–about the gentrification of Brooklyn. In a speaking engagement, he was asked how he felt about the gentrification of Brooklyn and let’s just say he let it fly for just about 7 minutes.
Then as if to support what he was saying I heard on NPR News that because of gentrification in the Bronx homelessness has gone up and not by a small percentage.
This has led to talk about changing the way we view shelters.
One such conversation suggests considering shelters as permanent living facilities. Why? Because people are being priced out of their homes and neighborhoods. As stated in the broadcast it’s the Poor vs. the Really Poor. With the Really Poor left with no choice but to go to shelters
My question to you is– and I’m being nice– “Who is to blame for this sad state of living?”
Whatever the market can bear
Long ago on the train to work, I heard two men–who obviously had no money problems state that rents should be “based on whatever the market can bear.” For more details see: Whatever the market can bear
But which market?
Is it the market where a person with more money than brains thinks it’s okay to pay high rents?
Or is it the market where people with limited means search high and low for good rental deals?
As I said this is a quick note. I have my opinions however I reserve them for now.
I want to hear from you. Weigh in here and comment on who you think is responsible for this mess.
Disclaimer
Disclaimer: I am not a lawyer and nothing stated here is legal advice. This article applies to the five boroughs of New York. All information deemed accurate but not guaranteed. Always check the real estate laws in your part of the country.
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