“These two tendencies — save our soul, but grow grow grow — are now colliding in a bizarre form of hyper-gentrification. Neighborhoods close to downtown once drew teachers, writers and musicians with well-built, well-priced Craftsman homes. But with the influx of wealth has come a new kind of buyer, often an investor offering cash well above asking price. A house that went for $40,000 a decade ago might now go for 15 times that amount.”
source ArtsJournal http://ift.tt/1A06O0I


07:16
mohammed mechmachi
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