What Happens When Neighborhoods Gentrify? | The Business of Life 

Then get a better education. Get a better job. Push yourself to do better! Don’t act all offended that white folks are better off than you. Do something about it instead of bitching and moaning. Would you really rather live in a ghetto than a nice neighborhood? Grow up. The world isn’t going to stop because you don’t think it’s fair. Idiot.

@@alienlife7754 wait, but then they wouldn't be able to blame everyone else for their problems. Accountability for most people is non exsistant! Most of these neighborhoods sat for decades untouched and neglected by the people who lived there. Trash all over the streets, and no one taking care of their house or the property around it, but once people who actually want to improve the area move in it then once again becomes them damn racist white people. Again theres the accountability aspect.

Thats the intent

Gentrification is good. It makes neighborhoods better, cleaner, and raises property values for that neighborhood and those surrounding it. If you’re REALLY looking for cheap housing, move to a rural area.

@@alienlife7754 My sister bought a multi family for a 169k in 99 but that same house is now valued at 750k. My Aunt bought her brown stone multi family for under 40k in the 70s and sold it for over 2 million. What type of education can I attain to enable me to buy one of these homes? Corporations are buying these homes and of course individuals can't compete.

I was told by a friend from Illinois that, that’s a regular occurrence in the Chicago area.

Not news worthy since Chinese aren't white. Warren Buffetts company Berkshire Hathaway has connections to a Chinese company that is buying up a bunch of property. So at least he gets to get richer!

I'm sure it's different in the US, but there's a 2018 report from the UK government's Migration Advisory Committee that shows immigration is linked to an increase in house prices: for every 1% rise in the population due to migration, you get a 1% rise in house prices. The UK population increased 2.6% due to immigration between 2004 and 2017, yet house prices increased by 45% across the UK overall. So immigration is not the main issue. It's far more likely local landlords that are buying up cheap housing stock, then renting back to first-time buyers etc who can now not afford to buy in the area.

Patrick Cox don’t try to put that on someone else it’s you people most racist

He hit on that at the end watch it again

Great comment.

Why be in New York when you don't have money? At that point you only have 2 options: get money or get out.

Born and raised new yorker. As someone who grew up middle class and works blue collar, there really is only one proper response: why the hell are you still in new york? Everything you just said is true, and therefore you may benefit from leaving one of the most expensive states in the country. (And if you're in NYC, fugheddaboudit...leave.)

@@hussainmartins5985 because they’re from there

Is that your problem with capitalism then? Because if you're poor, you're not going to have a wealth of options in the way you travel, what clothes you wear, what food you eat etc.

In CHICAGO what is chicago still known for?

@Dane Kunes All those criminals are going to have to go somewhere.

@@inspectorlunge3887 he's just glad that all those criminals are going somewhere else that's not his neighbourhood, which is understandable.

If gentrification drives up property value and rent. Where is the locals gonna live.

exactly and where do these poor people go? well they're forced our of communities they essentially built and with the ever increase of the housing market its nearly impossible to find anywhere to live.

There nothing wrong with wanting to live separate away from anybody in general. And that's their given right too. Personally I don't want to live around anybody. I want land away from any and all hustle and bussle. Why r u being so intolerant of my rights?

Gentrification or white flight. Take your pick.

@@hdanielklee I would take white flight because I don't like any big buisness or mass profit Corp. Self sufficiency and live away from any city.

@@woodulike2know391 If you want to live like a hermit that's respectable. Just dont complain that you don't have any infrastructure and basic utilities.

White flight is organic

Mister Mood very true

Mister Mood We purchased a home here in Houston two years ago since then the home has increased in value fives times over

you must be doing very well than.

Mister Mood .That's true because the value of your property increases exponentially.

Not necessarily. If you own a rental property, it's great. If you live in an area because you like the area, but gentrification changes the culture of the area in a manner in which you don't like, it's not a positive.

Do you view the crime as what it is, a product of the environment, or as the people who live there? because news for you: If you view the people who live there as the crime, you're probably either racially profiling them, or definitely gentrifying the neighborhood. It doesn't matter if it's a different experience than what you're used to, it doesn't matter if it's a little more dangerous, it's still a community that existed before you and you have to respect that.

I think a great example to look at are towns with colleges, there's a reason why there's always development going on in those communities

@@kayelaine it’s been happening in the area of Texas I live in. Thousands of people have been priced out of one small town they move to the next town over build up and develop that town then they are being priced out of that one. Over and over and over

@@beauxjones8793 that's insane, really f'd up situation.

@@fabienzaca in my little TEXAS town an hour NW of Austin, about 10 years ago rents seemingly doubled overnight, and prices keep going up. Especially in the past two years with all the people moving here from out of state. I have family and friends all over the country this is happening everywhere, but all the attention is on the big cities. Deservedly so, that’s where the jobs are and more people are concentrated, but it’s a issue all over the country and it’s not being spoken about at all.

Because sadly a lot of black people hold on to the narrative that we are poor. And they put that struggle onto other people to "make a change". But In the end a lot of them don't want to change

@@tamyrahforbin2010 We need alternate black voices. I'm not saying ultra-conservative but people who don't put out the same tired image of black people.

This interpretation is not even accurate in the slightest. Really dumb

@@Charlii931603 explain your point before rebuking the comment

@@tamyrahforbin2010 ma'am yes, you are in point

Michael Collins gentrification = white people returning to the communities they built.

@@stanleysalvatore6476 white people built USA.

I didn't even read the rest of what you said because your first sentence was rubbish. Gentrification is playing a big part in pricing African-Americans out of the community? Wrong! By that statement that you made you are basically saying that African-Americans aren't capable living in good quality conditions. Which is a lie. I live in a beautiful suburb which used to be part of a ghetto outside of New York City until they gentrified it, there are many black families who live in this suburb who are hardworking individuals and bought their own homes to take care of their family and make sure they were provided for in a beautiful neighborhood and a good community. One of the women who lives two doors down from me was explaining to me how she worked very hard in a laundry facility and in a nursing home as a housekeeper two jobs for five years to be able to buy her house and provide for her family. She's African-American and amazing and strong and loves gentrification because she sees how good it is and helping bringing African American communities up rather than pushing them down. Gentrification is put into place to help motivate individuals who want to live in quality residence work to get to where they desire to be. Stop playing victimhood

@@andrewlove3686 white people didn’t build not a thing 😐

@@babeena_gt_3645 and the families that got displaced in that suburb I wonder were they are?

@Xander Hegle You added nothing and you're nowhere near as smart as you think you are. My comment wasn't even soely about Black people and if you don't appreciate what Senegalese have to offer, that's your loss.

Rodger Rabbit owner she’s an owner veeeery different story

There is no problem with gentrification, people who think it's a race thing are just foolish. I live in a gentrified neighborhood to,its beautiful and clean and peaceful. There are a variety of ethnicities ,so it is obviously not a race thing. It's just improving the neighborhoods

That's bullshit. Gentrification doesn't deunify votes in minority communities. It doesn't prevent minorities from voting. City funds are managed by city elected officials and departments, not the constituents. Those 'other communities are receiving unsubstantiated community funds that keep steady, or increase the values of property.' are receiving them because they're more affluent with their property value, meaning that they often collect more taxes and funds locally to fund their own public services. The problem with predominantly black low-income communities (and some Hispanic ones) is that they rarely get involve with the community and local politics and feel apathetic towards them. Most of the residents either don't own their housing, so they don't feel the need to improve or be concerned about it, or neglect it and don't care about the prospects. There's nothing stopping the local residents from getting more involved in their communities in spite of all of this, and look to elect officials of their communities that can improve them, and are concerned about the local offices and services (such as schools and local police) are run, but practically all of these communities don't. There's rarely any sense of community' in said low-income neighborhoods; a more appropriate wording would be 'dwellings'.

Rad Dudeman Knowing everything and understanding nothing is a recipe for disaster. I bet you believe everything you read. Gentrification is an economic policy that most affects inner cities where poor and minority people live. We vote and still pay taxes. IDK why people act like all white people own their homes or that all of them actually vote or get involved. White people only protest against minorities "taking jobs, going to school, or standing their ground." They rent too. Show me where people supposedly don't care for their rented homes. Have you ever been or driving in a neighborhood where black people live in houses. (Not a housing project) Cities unfairly pander to people who have the money to buy a solution to a problem, and never spend a dime. Not because they deserve it, or pay their fair share but because of structural inequality and racism. P.S., Little do you know, your line of thinking proves my point. Go get some better information.

Gentrification isn't an economic policy--economic policies are decisions by collective entities. There is no collective group here that is planning out moving out to cities and raising housing prices. What is happening is that a lot of younger educated people are moving into inner cities for better jobs and are earning a higher income, and some of them happen to live in low-income areas for cheaper rent. The result of that is that the initial property owners in the neighborhoods they live in are charging them more for rent, knowing that they are more able to pay, or raising their housing prices once there have a market of interested buyers. I never accused black people or low income minorities of not paying rent or taxes. But that black low income neighborhoods aren't often as conscious about maintaining property values and preventing crime from occurring that it keeps their neighborhoods in a perpetual cycle of poverty and poorer public services. This differs from Hispanic, white, and Asian communities that tend to be more stricter about property appearances and housing ordinances, and more likely to complain about abnormalities, in order to make their property more of attractable real estate. No white people are protesting over non-whites "taking jobs, going to school, or standing their ground." So far, the only demographic I see pushing for segregation for any events, is black students at some universities wanting segregated spaces. And yes, I have been through many black sub-urbs. I work in Ypsilanti (which is predominantly black) but live rurally and my work-place is predominantly black, and I have been to my co-workers homes in said neighorhoods. I'm not stating that low-income black communities are in anyway 'bad' with regards of their low-valued property, but simply stating why they're cheap in the first place is because of lack of economic opportunities by the residents in the city (which they aren't in fault for), which is starting to change in recent history with more and more companies relocating to inner-cities. I understand that how black people were initially pushed into these areas because of racism and lack of job opportunities derived from that, but I disagree with the rising trend of people--mostly from black intellectual circles--that place the blame on the predominantly young professional white and asian renters, and want to dis encourage them from moving in the first place . The process of 'gentrification' is a global phenomenon in all major cities that allow private property. Houses are the biggest investments most people have, and most home owners aim to increase their value. The solution to gentrification isn't to restrict rent and houses to new migrating trends of people, or be xenophobic to them, but find solutions to offer cheap and secure public housing for low-income earners and people in poverty who can't afford to keep up with rent and housing prices. I do agree with you with how some of public services are funded by a local basis are unfair, particular with school funding tied to local property price, and I do believe that we should switch to a centralized funding system for that. The increasing trend of urbanization should be promoted. Although gentrification does have short-term consequences, it's ultimately leading to better overall city life with the increase flow of capital--even for the low-income earners who are pushed out of their initial neighborhoods and have to move to another.

You're an idiot it's about making money and making cities better

Amanda Pratt you don't make sense.

who is they... and why would harlem be called soho, there is already a soho and it's no where near harlem....

There is already a Soho 🤦🏽‍♀️🤦🏽‍♀️ when did they try that?

@@iamhenriwilliams that's what I'm saying, I'm born bread Brooklynite and as long as I have lived in NYC there has always been a Soho in lower Manhattan. I think this guy is just trolling

They are doing the same thing in Chicago. Humbolt Park to West Bucktown.

Maybe they could call Harlem 'NoPa' - North of central Park.

*show

The Modern Investor I totally agree. You can't blame the cycle. Depreciation happens in alot of areas but where it's highest concentrated, you're *bound* to attract investors (White, Blue, Yellow) that understand the potential of an area with the wherewithal to see it thru into a fortified neighborhood.

The Modern Investor lol white people do more drugs than any other race

The Modern Investor first of all white people do plenty of drugs. Also, you are correct to a point. Although I would add that poor people also need somewhere to live.

gentrifying can also be college towns, were companies are building a bunch of student housing places and moving the poor out. look at the housing crisis in Oxford, ms

The Modern Investor taking away violence from an area doesn’t matter if the community is moved out and replaced with someone else. Gentrification doesn’t help the community as they just go somewhere else with the same bad habits, caused by whites. Gentrification only helps those moving in tbh

Your RU-vid name is the best.

they are actually the most educated group (nigerians). Are they using that education that is a good question. But L King you are spot on with that.

Since when are Indians “talented”

Tom Haverford but that wouldn't fuel the black and white race war so we just have to blame the white people lol

Oh helllll no

But then you end up in a situation like the bay area where not even high middle class earners can afford housing. The reason is because property owners lobby local government to prevent new affordable housing to be built making it unfair for everyone. Those same property owners are being bought out by foreign investors who have a shit load of money to spend are taking advantage of these zoning laws and are increasing renting prices and now everyone is complaining .

Dame even them too this is a not good not good at all this needs to stop

I'm 2nd ward Texas Htown!! Majority of all these fancy homes owned by white folks...trying to call my hood "Eado"..naaah bro

Austin tx is changing too

Fax I went down there a few days ago coming home from college. I don’t even recognize the neighborhood anymore

Ur wrong. I have many white friends. Just like all other races have their own communities why can't we have ours. Like all other races have their own businesses and schools then why can't we?

When whites come to our communities, do they have their homes spray painted with hate words or symbols? Do they feel threatened and unwanted? The answer is no. Blacks welcome anyone and anybody. We aren't a hateful race but we are a race that needs to be fixed as far as mental health and poverty which runs deep within our communities and until we fix it no one will.

GmHz MAXIMUM you're pretty naive. The reason your community is so powerless against gentrification is because you don't know how to accumulate wealth. Maybe systemic racism plays a role in this, but you can only play the race card so far.

"We're not welcome in their communities" anyone can live in the suburbs or even a gated community inhabited by half million dollar homes. You just need the wealth too. And it just happens to be that most black/Hispanic people are poor and the little wealth they do get they spend it on Jordan's and iPhones. If you work hard and save your money, you can live wherever you like and your race won't stop you.

Check out any university, compare every discipline.. white/asian flock to high paying STEM degrees, most universities in California are predominantly asian followed by whites, latinos, and last (always) blacks. Those who don't put in hard work, or don't pursue an education/career in an industry that pays well.. only have themselves to blame..

Less crime, economic growth, increased property values. Just to name 3 good things

@@heifner1063 also better schools, better living conditions, increased economic productivity etc.

To avoid gentrification, the community needs to be revitalised.

In my case, I'm a Korean guy that got pushed out by Chinese and white people. Now I live in an area with mostly Mexicans. I bet there's some Mexican dude out there freaking out that I was willing to pay $1600/month for this house. The only thing anyone seems to be able to say to me, or these Mexicans is _too bad_.

@@SpacemanXC In all fairness, a mortgage would probably be a better bet if you're paying $1700/month for rent anyways. Why not own something for the same price you can rent at?

@@mariusbleek Yeah that's exactly what I did. I bought a house in south San Jose. Got a 30 year loan at 1600 a month.

🙌🏻

what regulations do you think should be put in place for that situation?

This is why people say America has no culture. Culture is formed by people living out a set of traditions and values for years in same area. If wealthy investors come in and devlop the neighborhood with no regard for the people who enabled that possibility in the first place. I'm not saying poor low income should say that way but at the very least there needs to be some tact on the part of investors developing these neighborhoods for the people and cultures living there. Doesn't matter if the community is white, black, hispanic, asian, or a religious minority. The existing community needs to be given some consideration otherwise we are just repeating the mistakes of colonialism. Gentrification is just Neo Colonialism within devloped countries given a new name.

Because comedians actually open peoples minds which is why comedians are always targeted by dictators. Someone like George Carlin really changed the opinions of people

He seemed to have first hand experience with the topic living in Bushwhack, and I think his occupation didn't discount his contribution of information.

It's because this topic isn't something that requires formal training to discuss in much depth. He doesn't need a fancy title or a $100k piece of paper to talk about this. If you think that he does need it, you probably aren't too bright.

So I guess answer is to remove Bp from USA?

The problem is when it kicks people out the neighborhood

You'd be surprised how many people willfully cling to the blight they were born into. It's all that they know. They're not used to living in a nice, safe, clean community.

aaah boo hoo

The Last Academic herp derp I don't understand structural violence

ThatsAwesomeAndStuff I consider your comments violent

hebrew israelite Lmao I'm not American. The country I'm from was used as slaves in Atlantic slave trade in the US. So stfu troll

hebrew israelite My country has been nuetral in every world conflict in WW1 and WW2. We have never conquered but have been conquered by the British and struggled for independence. The people of my country were taken to America and used as slaves for a long time. You wouldn't understand that troll because that doesn't fit into your bullshit black Vs white racial politics

Ahh lad. I know my heritage. I can trace it all the way back to the times my clan was bannerman to the Cheiftan O Connor i Dun na gall. Is mise an gaelgeoir. Is aoibhinn liom mo teanga, Gaeilge. Conaim ar an talamh na hEirinn. You havn't a clue what i just said. Because you havn't a clue about my native language, my culture or my country. That book makes no logical sense as biologically it doesnt make sense for those humans living in low sunlight environs (such as Ireland if you knew anything about it) to evolve with high percentages melanin. So lad. Your awfully ignorant. Your awfully bigoted to new ideas. You can cite as many sources as you wish. Doesn't mean you or your sources are right. Expose yourself to some new ideas and get out of your echo chamber.

Sao Salazar well said

Amanda Restivo good riddance

Studies have shown that when a neighborhood gentrifies it improves the financial health of everyone in the neighborhood. The main ones complaining about gentrification are those who profit off the criminality that these cesspool neighborhoods produce.

@@freeinghumanitynow That's true but crucial data is missing - the main reason why it improves a neighborhood is because it essentially pushes the pre-existing community out. That is a problem because the people that are pushed out are essentially price migrated to areas that are usually worse, due to the fact that more lower income people are sandwiched together, usually to areas that were already bad and as a result of pouring more people in, become even worse. The issue isn't gentrification, but how we choose to practice it.

Must be nice living on daddy's trust fund

Brennan Stultz GTFO of my Neighborhood

Sourabh Samal sounds really hard!

Ewin the Mahoutsukai Difficult at the beginning. Managing money but repeat for 6 months it becomes a habit.

@Xander Hegle time will tell,

- said the person with a narrow point of view who doesn't understand the economy doesn't make working hard good enough and will be a debt slave for the majority of his/her life.

Siddhartha02 - "work hard" I'm doing heavy lifting and repair work in the army as an active duty soldier and I'm still being paid the equivalent of minimum wage if that. Try new reasoning siddhartha lol.

Jimmy ButtWhiff he's just another idiot that thinks the so-called "American Dream" is still an actual thing

Jimmy ButtWhiff I’m usmc infantry come to find out we basically qualify for food stamps by how much we make

@@404nonexistent with a shot lead of incentives: ie va home loans, gi bill for college, extra pay for dependents, on base shopping, discounts for everything from vacations to car loans. Ask me how I know? I'll wait

How much is it now?

@@jemazondo9331 same

Comander555666 I wonder why Vice subscribers are so fucking racist. Can one of the racists here answer my question? Did the KKK told you to subscribe Vice? It's a serious question. I want to know...

Comander555666 - welcome to the internet.

Indeed, stop stereotyping white people.

They hang out on the Ted Talks channel too, lol. Or they have some elaborate google alert set up so they never miss a video that they need to give a thumbs down. Something like that.