Reprinted with permission from Creators.
Gentrification is a function of power, not natural law or economic inevitability. It occurs when wealthy, politically connected interests make decisions in closed-door meetings to take over the neighborhoods of people who have little money and power and thus no effective voice or recourse in the taking. The takers usually make a pretense of negotiating with longtime property owners. But it’s a scam, for the developers hurl high-pressure, low-ball pitches at the locals, overpowering families who can’t afford lawyers to go to bat for them.
Renters are worse off, rarely even getting fair notice that a Dickensian disruption is coming at them.…