Wikepedia defines Gentrification and Urban Gentrification as “denoting the socio-cultural changes in an area resulting from wealthier people buying housing property in a less prosperous community”. Imagine all the “rich people” moving in the hood and increasing the area’s value up. Once the economic structure is in place, property values, property taxes skyrocket leaving resident...
Tag Archives: brooklyn
Fools Gold Showcase 09
NYC heads might have to dwell in their own miseries after the Yankees lose a couple of games to the Angels this weekend, it’s all good, why not catch some vibes from the Fools Gold camp while you’re at it.