Gentrification Reality Tour: Neither Benign Nor Benevolent

Claims that the threat of gentrification are grossly exaggerated belie a fundamental misunderstanding of the real threat, writes Charles Shaw in this week's Op-Ed.

1 minute read

June 14, 2005, 7:00 AM PDT

By Chris Steins @planetizen

"Despite the budget crises, cities have systematically eschewed taxing corporations, instead giving them TIFs (tax increment financing) and tax abatements to beat the band. While corporations more and more are becoming the sole owners of urban real estate, the solution for most city and county governments is to over-tax the working class residents to compensate. This is a massive policy failure and speaks more to the corruption and prevailing robber-baron mentality of our so-called leaders and the corporate establishment than it does to population demographics."

Thanks to Chris Steins

FULL STORY: Gentrification Reality Tour: Neither Benign nor Benevolent

Monday, June 13, 2005 in Planetizen

Community / Economic Development United States

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Use Code 25for25 at checkout for 25% off an annual plan!

Get 25% Off Your Subscription

Advertise with us

Urban Design for Planners 1: Software Tools

This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.