72 Hour Photo Project, Round Two

a hahahahaha!!!! ridonkulous!!

is that supposed to be expensive? that's cdn, right?

it looks expensive to me ...

a friend just paid $450k for a 600 square foot fixer-upper apartment in pasadena.

oh man that's hilarious if you consider that will likely be underwater in 50 years haha

OMG HULA !! you're right! I feek an editorial coming on.

feel, that is. typimg with a bandaid on is hard!

Ceph that's ... frighteningly not surprising. this one example here was 800 sqft for $485K ... & it would have been hard to enjoy living in this place.

Consider this . This is simply a natural progression as the city grows. After all, this is right downtown. Kits was once an affordable neighbourhood ...the westend was once affordable. My husband grew up in the west end where his hippie parents rented a whole house there for practically nothing . These "houses" no longer exist there. There are huge residential towers there now. You cant really expect neighbourhoods in this city not to change over time. In reality this apartment is a good deal compared to other cities on the coast... or other big cities in the world for that matter( London, Amsterdam, NYC,Frankfurt, Stockholm ..etc...).It may seem like a lot of money but it is all relative. Trust me, I feel badly for the pensioners there that may be displaced - but if you are a renter , you are always going to be at the mercy of another. It is a sad reality .

try it again

that's an interesting article Zaubermaus, thanks for linking it. it describes exactly what is going on here at the moment - minus the strident activists of course.

it's true - in the end we have no control over what market forces do to our neighbourhoods.

but I also trust my gut feeling, which says I hate gentrification and vow to oppose it at every opportunity! I believe in "evolutionary counter-pressure"; if no-one fights the inevitable, then the inevitable will not happen the way it should.

a good theory for those of is who hold irrational, economically unsound views and can't accept the inevitable! (who, like the poor and market forces, will always be with us).

thanks for commenting!

dang. I pity the fool who takes that bait.
The whole cycle of gentrification makes it's slow prowl through our neighborhoods here as well... I hear you and Zauber in that it is not a fair progression often and especially for the very folks that begin the process in the first place, and then eventually for others who are pushed out by developers and richies that take advantage of the situation and the newly attractive face of the neghborhood... but it seems to me that if low-income housing can be preserved through intervention by local government that the revitalization overall can be more positive and less unfair.