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New young gentrifiers are less and less likely to find a full-time job that pays them enough to cover those rising rents. Instead, they move from neighborhood to neighborhood, priced out of the place they moved into just the year before, following that wave further out. They leave, and someone who can afford the slightly higher rent moves in, and the cycle speeds up.
Being part of the first wave of gentrification means that you experience the abuse along with the benefit of cheap(er) rent. It means that as soon as you’ve moved in they want you to move out again, so they can raise the rent still more.
Brooklyn Tenants Revolt | Dissent Magazine

Source: dissentmagazine.org

  • 8 years ago
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Librarian, historian, queer feminist, #fanfic author, wife, w/cats. she/her. for original thoughts find me on Twitter @feministlib.

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