Gentrification is the modernization of broken down homes, buildings, and parks in Bigger cities like New York and Seattle. Many believe that gentrification is so controversial because of the negative impact it has on the lower class while still building a better economy. The lower class are no longer able to afford the cost of living in the newly modernized neighborhood that they have grown up in their whole life; Instead, they will be kicked out to the curb. Also, the lower class is particularly mostly made up of people of color. But, Gentrification is not necessarily all that bad it brings good to the economy as well, such as making the neighborhoods safer with fewer crimes and more environmental, building things like parks, schools and turning …show more content…
Lower class residents have the power of their voices to try and stop gentrifiers from tearing down their neighborhoods and pushing them out. But, Fedak wants communities to realize why gentrification can be a good thing. Communities encouraging the policies that allow supply increases, allow rents to escalate and giving the existing residents benefits from an improved tax base and eventually slow down the cost of the older housing stock and translate into better neighborhood schools. The lower class needs to speak up and work together to stop gentrification. Fedak does have a good point that if communities did do that they would eventually slow the cost rates and it would take time for the lower class to move back in, but it is too risky. Fedak’s article is much different than Moss’s article. Fedak brings up good points about how to overcome it, but it will take time and trust in the process and believes that gentrification is good and bring benefits to existing residents. Moss’s article talks about the reasons on why gentrification is bad and brings up that gentrification is the city government collab with corporations to build luxurious neighborhoods fit for only the upper …show more content…
Wilder and his article, “Reverse Corporate-Friendly Policies” says gentrification is maximizing its profits while going beyond the public policies of taxation and zoning. In this article, Wilder talks about gentrification maximizing its profits by taking advantage of its target consumers and silencing of the displaced residents. Also, a town’s government is a dishonest broker of families that are living in these gentrified areas and they use corporate tax breaks to leave the lower class in a paradoxical situation of staying in a modernized neighborhood. The public policies increasing the rate of these transformations are going way beyond taxation and zoning and schools have closed and hospitals closures strain the lower working class families. trying to use a slash and turn tactic that is for neighborhoods that will give them the best profit. Wilder was very thorough about the government, its policies and using tactics to take advantage of its target consumers and getting rid of the lower class residents such as trying to use a slash and turn tactic that is for neighborhoods that will give them the best profit. Compared to Moss and Fedak’s articles Wilder’s was much more different talking more about the government and its policies that go along with gentrification instead of talking about how to take back a city like in Moss’s article or the good and the bad like in Fedak’s