We have no wealth because the COLONIZERS own the land= RESOURCES which makes the value of money= import export; not to mention the Homestead Act of 1866, reconstruction, Willie Lynch Jim Crow, slavery ,redlining predatory lending..ect which also explains why we have no wealth because it is a systematic designed against us.
I grew up in a working-class neighborhood in Philadelphia that underwent rapid ghettofication. We lost our neighborhood, our homes, and our culture, and were forced to move to the suburbs because of the crime and violence. Does gentrification bother me? Not a bit.
I had the same experience growing up in Gary, Indiana. We also had rapid "ghettofication" during the 1970s and 80s, a period locally know as the "White Flight" era. During that period, affluent and middle class white residents fled Gary, Indiana in droves. There were various reasons for the out-migration of white residents. There was the mid-century trend toward suburbanization, the racial turmoil following the election of Gary's first black mayor, the loss of Steel Mill jobs due to de-industrialization and the skyrocketing crime rate due to lack of jobs. In the 1970s and 80s, the neighborhood I grew up in was majority white but it was racially diverse with black and white residents. It was a solidly middle class, safe, clean and nice neighborhood. But by the 1990s, the area had become crime ridden, pockmarked with abandoned homes and our once vibrant main commercial area was all boarded up storefronts. Now 30 years later, that same area of Gary that I grew up in is rapidly gentrifying. Middle class and even affluent people, both white and black, are moving back into the area. Property investors are buying dilapidated vacant houses, gut rehabbing them and making them nice again. New construction homes are being built and that once dead business district now has new shops, art galleries, boutiques and restaurants and bars opening up! For the first time in 30 years, our property values are rising and our area has stopped declining. It is transforming back into the stable, racially diverse, middle class neighborhood it was when I was growing up here. I think this is something to be celebrated! Yet, some of the same trashy, ghetto people who pushed out the former middle class residents in the 1980s are now complaining saying they are going to get "pushed out" by the "gentrification." Meanwhile, as a life-long resident of this neighborhood, I'm standing here thinking, "Our neighborhood is getting nicer, people are fixing up the abandoned houses. Why are you complaining? Oh, you're saying you're upset because the "outsiders" are moving in and "changing the culture of the neighborhood." You sound just like the racist white families who were mad when Black families started moving here in the 1980s! How can you get upset that white people are moving back into a neighborhood that was predominately white in the 1980s??? It doesn't bother me at all. Gentrification is just "White Flight" in reverse!
One important fact: property OWNERS generally take better care of things than property RENTERS. When you are invested in a neighborhood, I think that is more important than your skin color.... anything that improves the situation, improves the quality of life in that area.
John Simmons Right?? And it was a period of 14 years. Every neighborhood in the world is going to change 5 percentage points in some way over 14 years. What was that chart supposed to prove???
Listen... This isn't a white or black/Hispanic thing, dont blame it on the white people that move in. Blame it on the developers who buy up land & build luxury high rises & change the whole aesthetics of the neighborhoods, its becsuse of this the rents or property value goes up... Now I can't blame these kids that come from the subarbs for wanting to live in a city environment, because it is a more interesting lifestyle & a decent night life for the young melinials that enjoy those types of night life activities. These kids just don't wanna live in the subarbs or country areas anymore... & since these kids come from a better upbringing then those who grew up in inner cities, they are better off with better credit, & pursue Higher education credintals for better earnings or just staight up entrepreneurs with a good amount of cashflow coming in every month. (& when I say kids, I dont just mean " Whites " I mean Asians, Indians, Japanese & even some Blacks & Hispanics that grew up in different environments & had it better then others) because these are the types of people that are moving in ... & im a Dominican kid from The Westside of The Bronx NY saying this, because trust me I've seen how drastically a city can change in less than a decade. But I see a lot of people in here blaming the blacks or Hispanic for the situation we're in, & I do find it a bit ignorant because most of you are talking & seeing it from a different perspectives then those who y'all call "Ghetto" see it. its not as easy as you think, it might seem easy because y'alls see it from a diffetent perspective & y'all might've not struggled has hard as people who come from these "Ghetto" environments. Everything in life is about perspectives & its all relative to how you were brought up so I can't blame some of you for saying certain things... But a large portion of these people who live in these "Ghettos" are from 1st Gen immigrants that come from 3rd world countries trying to make an honest living, honestly... Especially Asiatic, Caribbean & even 1st Gen African Immigrants. (& These are the people who dont play with their kids & on them heavy about their education) So I can't blame those people for not having the skills on how to leverage Credit, investing & the importance of buying properties (Financial literacy). Reason being is because its hard for some of those 1st gen people to understand the Language, which is a big struggle, now if where talking about people who are 3 generations deep or better in the US that's not excuse for them, AT ALL ! But this why i admire Chinese people because go see China Town in Manhattan (NYC), their town hasn't been hit with gentrification At all & Aesthetically still Old New York ... Why ? Because they own their town & are not going to give it up at all, see I assume some of these Asians came prepared from their country to the USA, they stuck ogether & executed, just like how the Jewish people in Brooklyn Did as well, they bought alot of Brooklyn up... & mostly because both demographics had large capitals to invest (Since you have to have some large cash & know how to leverge other peoples money to play real life monopoly)... I'll stop here for now because I know I dragged it & wrote a whole book 😂
David Sanchez you forgot to say Jews, its ALWAYS financed by a bank. They see cheap real estate, and turn it trendy, no matter who they loan the $$$$ to, they always charge interest and thats were the real cash comes from.
thank you! your post is well thought out and observant! people like to only look at surface stuff, and fail to see the underlying trends. follow the money, and the systems that define how that money is used. people need to educate themselves on how these systems work. different cultures observe and interpret things differently. i see this is a monetary and financial shift, and not just a cultural and racial shift. when people put effort and time in to a community, it thrives. when people just let things decline, it falls apart, and others see opportunity, and take advantage. change is inevitable, but can be drastic. from my observations, almost every major city has had changes of demographics in most areas over the course of decades. it changes with economics, and then political stances. new york and chicago are good examples. i appreciate how you have looked at these things objectively!
Well, don't blame the developers unless you're going to blame rent-seeking investors even more, because without the latter, the developers wouldn't even bother.
here we go again, another person who doesnt get gentrification. Poorer people or minorities often live in rental homes. Rents rise and they get kicked out and similar people who own houses are looked down upon by newcomers and dont feel like its their neighborhood anymore.
Nothing but a game of musical chairs 🪑 where eventually someone is gonna have to sit out. This nation 🇺🇸 is built on capitalism and it’s not ever gonna change. You either have to get with the program and build yourself a system of wealth or you’re definitely going to end up in these situations (gentrification)where you’re going to be left behind.
This is why you should try to OWN and not just RENT for years on end. So when they want to buy up property you can PROFIT instead of waiving your hands up "I can't afford rent anymore". Sucks people have to find out the hard way cities don't give a F about you.
The home owner might not be able to afford the property taxes anymore. Because when an area get gentrified, the government raises the taxes in that area. And the landlords have to raise the rent to make up these taxes. So the problem really starts with the government.
You have to keep the city looking poor so that fulop can keep Jersey City abbot district label for the city and collect from the state as he takes more money from the developers. Too many connections with developers for fulop. I've been in this city for 35 years and have worked hard in this city to make a good money and still can't afford to live downtown. Just 5 years ago I lived downtown and was looking for a place downtown and ended up going back to my previous street. Now I don't consider downtown at all as a place for me to live.It's especially disheartening hearing how people who live downtown think of the rest of the city. For those who think that all people who have issue with gentrification are poor shows how much they are really involved in this city. Not all of us that not are well to do are ghetto many do care about the neighborhood but when the administration is seen helping the developers and not the residents there will definitely be a wedge in the two.
Anyone notice as the more affluent move in there is less malt liquor beer cans and empty boxes of Newport's laying on the ground, wonder why that is ? Why do low income neighborhoods always have trash all over the place ?
There a psychology associated with attaining wealth or the lack thereof. The same way money can turn you into a jackass, not having it can make you very depressed and not care about anything. Pick up a book and read.
Man that's not the reason , stop looking for excuses. It's just the fact that too many people in the hood have no ambition or self respect , so they feel resigned to living in filth.
it could also just be the lack of access to trash cans. In more affluent neighborhoods they're everywhere, whereas in lower income areas there's a trashcan every 10 blocks (not being literal). Also think of the 2 things you mentioned, liquor and cigarettes. There are tons of liquor stores in these areas and unlimited access to cigarettes, but its not the same in wealthier neighborhoods. I think that its interesting that we critique these low income, primarily poc areas without looking at their counterparts and asking why they have access to materials and resources than the ones that are being gentrified.
AnnaBell033 Another fact is that there are business owners applying to own liquor stores and county licensing boards that are commissioning these stores. We have governing bodies that are implicitly filling lower income neighborhoods with liquor stores, fast food, and check cashing/payday loan places. This can actually be stopped.
Gentrification is not going to work out. They will take over the city and sterilize all the reasons that attracted them to the city in the first place. Their fake culture will become just like the dead boring suburbs from which they fled. No one will want to live in boring overly expensive gentrified white gheto.
Michael VR right you are. Its white flight, they see section 8 ppl coming in, crime goes up. And then whites get called racist. I grew up in Vallejo Ca. After being burglarized 3x, car vandalized, dog poisoned, we got the hint and moved. So were the racist. Now "gentrification" comes along, its wealthy real estate ppl buying areas up cheap. Sick of blacks saying white supremacy, when in fact its fear. And YES whites built America, jews paid, we worked.
When will these yuppies understand that the locals dont want them there? These folks take the soul out of every place they move into. Just look at harlem & sections of bk. Every since these folks moved in, the neighborhoods have gotten so dry & bland.
whoo else well the exact same shit you’re saying is what whites said back when the cities were majority white and didn’t want “people of color” moving in. Only difference is that the cities went to shit but that’s racist for the whites to say anything lol, now that whites are moving back in it’s considered bad for making the place a nice place to live?
This can be labeled a s reverse discrimination. If it was the other way around it would be labeled as racist. I see nothing wrong with people coming into a bad, crime ridden, run down neighborhood and turning it around to a better place to live. What is race being brought into this. These people are making a positive change.
When it comes to gentrification both white people and black people speak a different language. White people just ignore the issues gentrification causes, and say they are just making the place better, when in fact it was the federal government, and the racist real estate agencies among them that created the ghettos in the first place! From the 40s 50s, 60s, and now red lining, which is the government denying loans for housing have plague the black community for so many years! Many white people say this and that about black people, but never care to even understand what it is to be black in this country. Since you say reverse discrimination(love your play on words), well that is possible on a smaller scale, but not on a larger scale where a white leader can disenfranchise an entire group of black people. Yes 13 percent of the population! A black leader can't even do that! Not even to the 62% percent of white people! Not even white racism compare to the so called black racism is equal.
Jake M black people have systematically been the bearer of America's weight for centuries. How are they supposed to better themselves when most are living with generational poverty. You sound very ignorant, enjoy living in nice condos until you find yourself not able to make ends meet with the "great education" that you have.
Hey Cruz and Morgan and the rest of you folks in the Democrat media, if living in a black majority neighborhood is so important to you, why don’t you move to the Sandtown-Winchester neighborhood of West Baltimore? Maybe you’ll like it better there.
gokarengo Where my chances of getting murdered would be a million times less likely than they would be in huge swaths of West Balto. and other dangerous areas of Balto. City. And the south side of Obama’s home town. The media-backed Black Lives Matter movement preaches that young African American males are victims only (and of course the police are the villains). What the mainstream media never emphasize-of course it doesn’t fit the narrative of their Democrat-left-leaning views-is what Obama himself pointed out after Ferguson: Young African American males also commit a hugely disproportionate share of violent crime in America. Not only are members of this demographic a million times more likely to be murdered by other young African American males than by the police but the media-driven BLM movement ignores the myriads of law abiding African American citizens held hostage by this group. The movement helps perpetuate the structural evil which is “the soft bigotry of low expectations.”
What a sad situation seeing it all change so fast. Even more repulsive is that all these developers and realtors don't even advertise the merits of the city itself. All they do is advertise the proximity of New York City, and what it has to offer rather than New Jersey. That's the biggest insult. Just importing yuppie, and hipster scumbags who can't afford Brooklyn anymore to try and make Jersey City into some new, and hip "sixth" borough. Sooner or later, they're all going to have to realize Jersey City isn't some extension of New York. All these murals, lofts, overpriced coffee, yoga, and skyscrapers going up as a result of the imported clientele, they won't stop crime, they won't lower anything. The only thing they seem to ensure is that property values go up, and that people unfortunate enough to be in the shadow of these sun-blocking skyscrapers will find it more resource-heavy to live around there.
You say it won't stop crime? Even worst they will hire cops to overcrowd the area, kicking out the poor, and make up an excuse to arrest them. Its their quotas they will fulfill.
Gentrification is not a testament to racism at all. Instead it is A CONSEQUENCE for having made poor life choices which include having children out of wedlock, Capitalism, and most important...not building up an excellent credit score so that you can afford to invest in purchasing a home. Think about it it! Not only is home ownership empowering, but it also puts you in the driver’s seat of a negotiation should a developer express interest. Especially if your property values goes up. Need I remind you that less than 25% of blacks own homes because the majority of their households consists of women and children. And without a father present, along with an over 70% unwed single mother rate, it is no wonder why blacks are being pushed out. NEWSFLASH!!! It’s not your neighborhood if you never owned the property in the first place! You do realize that the longer you rent the more likely you are to be at the mercy of your landlord right? And once that lease expires he has every right to raise your rent, refuse to renew a new lease, or sell it to a potential buyer whose plans may not include you. That’s Capitalism people! And sadly, you only have yourselves to blame for giving your single mothers a pass for choosing to live off big daddy government.
Jesse76th Games: And that’s exactly why one must be SMART AND RESPONSIBLE when considering home ownership. Why purchase a home just for the sake of purchasing a home? If you’re not approaching it with the intent to see an ROI then you’re doing it all wrong. I should also point out that today’s economy almost demands a 2 income household. Therefore, the reason why home ownership is low in the black community is because unwed single mothers are the head of most households.
@@MrNckissfan tell that to the people that are older and retired. Their income can't keep up with the changing environment because they are no longer working. The house they bought in the area is not the issue it's the system that allows investors that don't contribute to the people living there to come in and buy the property displacing families and communities that already have little opportunity. There's always exception of the rule but that's not indicative of the bigger problem which is these people have been disenfranchised for the longest time. American people. The housing is being bought up by foreigners to give way to a completely different class of people that were fine living where they were at and it's fucked.
Gentrification sucks and your opinion does too. I don’t live off the government. Every black person I know has a father present in the house. And also I can’t afford a damn house.
Time for an update. I call this "gentrification" like a fog that started down in the Bergen area. That fog has spread into Journal Square and the Heights. I've lived on Thorn St. since I'm 13. My block was blue collar. Now, we've been infested with 2 family condos and apartment buildings being converted into condos that Jersey City residents can not even come close to affording. With future buildings being kept as quiet as possible. The city gov't wants to paint it as everything is sunshine and rainbows. Not for people who've lived here their whole life. I was born and raised in J.C. and am being forced to move. I have never moved anywhere my whole adult life. Gentrification is a gentle word in comparison to what they're really doing. J.C. was a big small city. It's a shame they're chasing us away.
I was born in jersey city,so were my kids moved to Florida it's the same here the home prices are out of control too the rents are just like jersy& new York a lot of mobile home parks are throwing people out with now place to move the home's or offering nothing for them the developers are building condos Its the same all over
My god, how many boring restaurants do we need? Open up a place that has some food but has Salsa, Raggae, and other *live* playing and salsa dancing. Keep it safe but put some life into the place. You can have some diversity but just sitting down and eating with your small party of people and pushing this lifestyle all over the place is just not going to cut it. Open some clubs that has blues, folks, R&B, and so forth. People need to dance and socialize, not just go out, sit and eat. I don't care about white and black more than I care about a neighborhood having a vibe. Times will change and ethnicities will change but this go out and eat in restaurants and go shopping culture vs. having some real nightlife with some energy is what bugs me the most. As for affordable housing, well, get some alternative developers to go in there and keep the rents down and make the place nice. If the same kind of developers keep coming in we'll get the same results.
Dumbass ideology. White man here that just cares about people. Blacks have most of their wealth associated with their homes. Alot of these neighborhoods were built with little to no help from the government unlike their white counterparts of the 50s. When the economy tanked, these areas tanked as well. The difference is they didn't get a stimulus package from the gov't. and became ghettos. Now that that generation has been killed off or locked up, Brad and Steve can come in and set up shop bc they want to bike to work, even though their parents created suburbia for them. Go figure.
All i have to say is alot of people dont know, forgot or just dont want to speak about the source of these problems. It started with the FHA providing loans "only" to mid class and low class white people to move to recently made suburbs in the 30s and 40s plus the G.I bill after WW2 only white soldiers were getting rewarded for their services and getting cheap loans for houses and their family were getting provided with financial aid scholarships and all types of aid in the suburbs ,but not the blacks and hispanics that were also in the war, they had to stay in the city after the war and werent giving the same opportunities as the white soldiers. Coming home to a city collapsing due to the failing railroad lines, abandoned factories, ports which the city depended on and political corruption with "major hague"at the time and then his puppets that took over, jersey city was becoming a disaster with 75,000 people just fleeing in the 40s and 50s, because they were favored for home loans and extra aid etc.. in the suburbs, would definitely cause a economic collapse to a big city like jersey city. Then you have the redlining situations in the 60s and 70s with bankers segregating neighborhoods, and people by race and giving the upperhand to whites for the 3rd time, and lets not forget president reagan and oliver norton in the 80s brought drugs to those cities that were in need of help economically, just to make things more worst, so white flight or however you want to call it, was setup to be that way, by the government at those times.Thats why the highways were built just for the suburbs lol It never had anything to do with one group being better than the other it was just favortism, bias and, plain racist actions. Lol now 30 to almost 40 years later these yuppies are making a comeback to the cities where their grand dads, and great grand dads use to live. I guess the opiate epidemic is hitting the suburbs hard, that these people are now doing a reverse flight to the cities that were in the redlining position in the 60s and 70s hmmmm this just got interesting lol peace out.
How many of the demographic will stay here at a long term once they start a family? If they even improve public schools or not which many will likely move to the suburbs near good schools for their children.
old money just loves to push people around..why couldn't these people build their own community instead f gentrifying somebody else? guess America's past time....bother others because "they" can
red foxx 313 BECAUSE real estate prices are based on the free market, dictated by supply and demand. Younger professionals with jobs in the urban city enjoy having a shorter commute and nearby bars, eateries, and entertainment close by too. Property owners freely and legally have every right to sell to developers, and the developers are simply responding to the demands of the market to provide tendy, urban housing. Suppose you owned a small home in what was once a ghetto, but now was the hottest new redevelopment in the city, developers had offered you 4 or 5 times what you paid for the house? (You paid $150,000, now were offered $750,000 or mire) What would you do then?
Always improve Why couldn't the people in these neighborhoods build up their communities themselves? Instead of expecting other people to come in and do it for them?
Back in the early 1990s, they start calling Hells Kitchen Clinton Hill. And before that, a large area in Harlem was completely gutted into a new name called Morningside Heights. They do this, because they do not want to be associated with Black or other people of color. Period. Eventually El Bario (East Harlem) will be given a new name. But we partly to blame! You have to buy the property in a low market. Hold on to it until you can find a buying of your own race who can afford to pay the property taxes. Because when a neighborhood gets gentrified, the tax rate goes up. And the tax rate is also the reason why people leave besides the rents.
It's backfiring in some communities. High rent are causing many places to sit empty. The poor can't afford it and people with common sense are not going to drop half a million in the HOOD just because you gave it a fancy name.
I just checked the date of this video. 2016. 5 years later and Fulop just bought another home, and JC has increased the gentrification by an insane amount. F that guy
unbelievable. every one of those neighborhoods were all "white" at one time. they don't have a clue about urban development. i use to go all around those areas, in foot. and on trains and buses. then the ferries started running to manhattan again. nj transit built the streetcars. of freeking course rents are gonna go up. i'm waiting to see newark start to gentrify. and i love newark just as it is. but even newark has potential.
5 лет назад+1
In the large western city that I live in gentrification has all but eliminated the older (mostly minority) neighborhoods that once no one would ever step foot into. The gentrified neighborhoods are now the hot spots and they all look the same populated now by young professionals. I see it as reverse white flight with a Starbucks on every corner and wholefoods dominating the grocery scene. There is really nothing you can do to stop it. Money rules.
Things change all the time. How can we even have poor communities still? Money is everywhere yet people complain. Their future is in their hands with access to information on cellphones. Stop complaining and do something. It's like businesses....if they don't adapt then they get shut down. Same goes for life, dont adapt you die. Survival of the fittest
Wally Sterg it’s the exact opposite, trump and his brainwashed republicans are doing that. Most Republicans are against low income housing and helping the poor and blacks. Get your fucking head outta ur ass
@@betterpeople3713 really so the Democrats really care about people of color why is it then in these Democratic states like New York people of color can't even afford to live there . But these rich white elitist with Mommy and Daddy's trust fund move in by the truck loads
ragejinraver New York is at an extreme gentrified state where no matter what kicking poor people out is what’s gonna happen. I live in Pittsburgh (city in sw pa) and we never do that. We care about all the people and nyc is something we have to fix.
If you have no wealth you have no power.
Linzie Rogers this is why black people need to SAVE their money and learn how to INVEST, they have nothing because they save nothing
The HOUSE always wins...
Simple as that.
Linzie Rogers
Ssssshhhh, the capitalists want you to believe in “muh freedomz.”
We have no wealth because the COLONIZERS own the land= RESOURCES which makes the value of money= import export; not to mention the Homestead Act of 1866, reconstruction, Willie Lynch Jim Crow, slavery ,redlining predatory lending..ect which also explains why we have no wealth because it is a systematic designed against us.
I grew up in a working-class neighborhood in Philadelphia that underwent rapid ghettofication. We lost our neighborhood, our homes, and our culture, and were forced to move to the suburbs because of the crime and violence. Does gentrification bother me? Not a bit.
I had the same experience growing up in Gary, Indiana. We also had rapid "ghettofication" during the 1970s and 80s, a period locally know as the "White Flight" era. During that period, affluent and middle class white residents fled Gary, Indiana in droves. There were various reasons for the out-migration of white residents. There was the mid-century trend toward suburbanization, the racial turmoil following the election of Gary's first black mayor, the loss of Steel Mill jobs due to de-industrialization and the skyrocketing crime rate due to lack of jobs.
In the 1970s and 80s, the neighborhood I grew up in was majority white but it was racially diverse with black and white residents. It was a solidly middle class, safe, clean and nice neighborhood. But by the 1990s, the area had become crime ridden, pockmarked with abandoned homes and our once vibrant main commercial area was all boarded up storefronts.
Now 30 years later, that same area of Gary that I grew up in is rapidly gentrifying. Middle class and even affluent people, both white and black, are moving back into the area. Property investors are buying dilapidated vacant houses, gut rehabbing them and making them nice again. New construction homes are being built and that once dead business district now has new shops, art galleries, boutiques and restaurants and bars opening up! For the first time in 30 years, our property values are rising and our area has stopped declining. It is transforming back into the stable, racially diverse, middle class neighborhood it was when I was growing up here. I think this is something to be celebrated!
Yet, some of the same trashy, ghetto people who pushed out the former middle class residents in the 1980s are now complaining saying they are going to get "pushed out" by the "gentrification." Meanwhile, as a life-long resident of this neighborhood, I'm standing here thinking, "Our neighborhood is getting nicer, people are fixing up the abandoned houses. Why are you complaining? Oh, you're saying you're upset because the "outsiders" are moving in and "changing the culture of the neighborhood." You sound just like the racist white families who were mad when Black families started moving here in the 1980s! How can you get upset that white people are moving back into a neighborhood that was predominately white in the 1980s???
It doesn't bother me at all. Gentrification is just "White Flight" in reverse!
One important fact: property OWNERS generally take better care of things than property RENTERS. When you are invested in a neighborhood, I think that is more important than your skin color.... anything that improves the situation, improves the quality of life in that area.
especially if the "renters" are section eights.
5 percentage points is not that much.
John Simmons Right?? And it was a period of 14 years. Every neighborhood in the world is going to change 5 percentage points in some way over 14 years. What was that chart supposed to prove???
Rose Nesheiwat it may not seem like a lot but those people know that sooner or later the points will add up and it’s not points for blacks lol
They're not white people, they're yuppies.. there's a difference. Fuck fulop he doesn't give a shit about Jc
Listen... This isn't a white or black/Hispanic thing, dont blame it on the white people that move in. Blame it on the developers who buy up land & build luxury high rises & change the whole aesthetics of the neighborhoods, its becsuse of this the rents or property value goes up...
Now I can't blame these kids that come from the subarbs for wanting to live in a city environment, because it is a more interesting lifestyle & a decent night life for the young melinials that enjoy those types of night life activities. These kids just don't wanna live in the subarbs or country areas anymore... & since these kids come from a better upbringing then those who grew up in inner cities, they are better off with better credit, & pursue Higher education credintals for better earnings or just staight up entrepreneurs with a good amount of cashflow coming in every month. (& when I say kids, I dont just mean " Whites " I mean Asians, Indians, Japanese & even some Blacks & Hispanics that grew up in different environments & had it better then others) because these are the types of people that are moving in ...
& im a Dominican kid from The Westside of The Bronx NY saying this, because trust me I've seen how drastically a city can change in less than a decade.
But I see a lot of people in here blaming the blacks or Hispanic for the situation we're in, & I do find it a bit ignorant because most of you are talking & seeing it from a different perspectives then those who y'all call "Ghetto" see it. its not as easy as you think, it might seem easy because y'alls see it from a diffetent perspective & y'all might've not struggled has hard as people who come from these "Ghetto" environments. Everything in life is about perspectives & its all relative to how you were brought up so I can't blame some of you for saying certain things... But a large portion of these people who live in these "Ghettos" are from 1st Gen immigrants that come from 3rd world countries trying to make an honest living, honestly... Especially Asiatic, Caribbean & even 1st Gen African Immigrants. (& These are the people who dont play with their kids & on them heavy about their education)
So I can't blame those people for not having the skills on how to leverage Credit, investing & the importance of buying properties (Financial literacy). Reason being is because its hard for some of those 1st gen people to understand the Language, which is a big struggle, now if where talking about people who are 3 generations deep or better in the US that's not excuse for them, AT ALL !
But this why i admire Chinese people because go see China Town in Manhattan (NYC), their town hasn't been hit with gentrification At all & Aesthetically still Old New York ... Why ? Because they own their town & are not going to give it up at all, see I assume some of these Asians came prepared from their country to the USA, they stuck ogether & executed, just like how the Jewish people in Brooklyn Did as well, they bought alot of Brooklyn up... & mostly because both demographics had large capitals to invest (Since you have to have some large cash & know how to leverge other peoples money to play real life monopoly)...
I'll stop here for now because I know I dragged it & wrote a whole book 😂
Bleek Cartier ...and a very interesting book too
Jr
David Sanchez you forgot to say Jews, its ALWAYS financed by a bank. They see cheap real estate, and turn it trendy, no matter who they loan the $$$$ to, they always charge interest and thats were the real cash comes from.
thank you! your post is well thought out and observant! people like to only look at surface stuff, and fail to see the underlying trends. follow the money, and the systems that define how that money is used. people need to educate themselves on how these systems work. different cultures observe and interpret things differently. i see this is a monetary and financial shift, and not just a cultural and racial shift. when people put effort and time in to a community, it thrives. when people just let things decline, it falls apart, and others see opportunity, and take advantage. change is inevitable, but can be drastic. from my observations, almost every major city has had changes of demographics in most areas over the course of decades. it changes with economics, and then political stances. new york and chicago are good examples. i appreciate how you have looked at these things objectively!
Well, don't blame the developers unless you're going to blame rent-seeking investors even more, because without the latter, the developers wouldn't even bother.
Why would anyone complain about rising home values and lower crime rates?
Warren Peece it kicks people out who can’t afford it
here we go again, another person who doesnt get gentrification. Poorer people or minorities often live in rental homes. Rents rise and they get kicked out and similar people who own houses are looked down upon by newcomers and dont feel like its their neighborhood anymore.
Nothing but a game of musical chairs 🪑 where eventually someone is gonna have to sit out. This nation 🇺🇸 is built on capitalism and it’s not ever gonna change. You either have to get with the program and build yourself a system of wealth or you’re definitely going to end up in these situations (gentrification)where you’re going to be left behind.
This is why you should try to OWN and not just RENT for years on end. So when they want to buy up property you can PROFIT instead of waiving your hands up "I can't afford rent anymore". Sucks people have to find out the hard way cities don't give a F about you.
@Ceeeeee people who say things like that are stupid
The home owner might not be able to afford the property taxes anymore. Because when an area get gentrified, the government raises the taxes in that area. And the landlords have to raise the rent to make up these taxes. So the problem really starts with the government.
You have to keep the city looking poor so that fulop can keep Jersey City abbot district label for the city and collect from the state as he takes more money from the developers. Too many connections with developers for fulop.
I've been in this city for 35 years and have worked hard in this city to make a good money and still can't afford to live downtown. Just 5 years ago I lived downtown and was looking for a place downtown and ended up going back to my previous street. Now I don't consider downtown at all as a place for me to live.It's especially disheartening hearing how people who live downtown think of the rest of the city.
For those who think that all people who have issue with gentrification are poor shows how much they are really involved in this city. Not all of us that not are well to do are ghetto many do care about the neighborhood but when the administration is seen helping the developers and not the residents there will definitely be a wedge in the two.
Daniel Ospino "Still can't afford to live downtown" I hope you mean now because downtown in the 80s and 90s wasn't the place to be.
Anyone notice as the more affluent move in there is less malt liquor beer cans and empty boxes of Newport's laying on the ground, wonder why that is ? Why do low income neighborhoods always have trash all over the place ?
There a psychology associated with attaining wealth or the lack thereof. The same way money can turn you into a jackass, not having it can make you very depressed and not care about anything. Pick up a book and read.
Man that's not the reason , stop looking for excuses. It's just the fact that too many people in the hood have no ambition or self respect , so they feel resigned to living in filth.
bigmedge That's exactly what I said genius. There's a culture of poverty that generates depression, lack of self-respect, etc.
it could also just be the lack of access to trash cans. In more affluent neighborhoods they're everywhere, whereas in lower income areas there's a trashcan every 10 blocks (not being literal). Also think of the 2 things you mentioned, liquor and cigarettes. There are tons of liquor stores in these areas and unlimited access to cigarettes, but its not the same in wealthier neighborhoods.
I think that its interesting that we critique these low income, primarily poc areas without looking at their counterparts and asking why they have access to materials and resources than the ones that are being gentrified.
AnnaBell033 Another fact is that there are business owners applying to own liquor stores and county licensing boards that are commissioning these stores. We have governing bodies that are implicitly filling lower income neighborhoods with liquor stores, fast food, and check cashing/payday loan places. This can actually be stopped.
"nobody will want to live here because there is no diversity" LOOOOOOOOOLLL
Yeah right Hahahaha they are all Fulop's friends hahaha
Gentrification is not going to work out. They will take over the city and sterilize all the reasons that attracted them to the city in the first place. Their fake culture will become just like the dead boring suburbs from which they fled. No one will want to live in boring overly expensive gentrified white gheto.
@AMERICAN PATRIOT The white supremacists could have chosen to coexist with the real Americans, instead they chose to dominate them.
@
No food stamps, subsidized you-name-it, no violent crime either.
Michael VR right you are. Its white flight, they see section 8 ppl coming in, crime goes up. And then whites get called racist. I grew up in Vallejo Ca. After being burglarized 3x, car vandalized, dog poisoned, we got the hint and moved. So were the racist. Now "gentrification" comes along, its wealthy real estate ppl buying areas up cheap. Sick of blacks saying white supremacy, when in fact its fear. And YES whites built America, jews paid, we worked.
If I understand correctly they raise the price of rent for the old residents?
When will these yuppies understand that the locals dont want them there? These folks take the soul out of every place they move into. Just look at harlem & sections of bk. Every since these folks moved in, the neighborhoods have gotten so dry & bland.
When will you understand?
Tough shit.
Exactly
Boom boxes, pit bulls and crack houses Jersey city was really shitty.
whoo else well the exact same shit you’re saying is what whites said back when the cities were majority white and didn’t want “people of color” moving in. Only difference is that the cities went to shit but that’s racist for the whites to say anything lol, now that whites are moving back in it’s considered bad for making the place a nice place to live?
whoo else
They won’t unless loaded guns are pointed at them.
"a drop of cream into the coffee"
This can be labeled a s reverse discrimination. If it was the other way around it would be labeled as racist. I see nothing wrong with people coming into a bad, crime ridden, run down neighborhood and turning it around to a better place to live. What is race being brought into this. These people are making a positive change.
When it comes to gentrification both white people and black people speak a different language. White people just ignore the issues gentrification causes, and say they are just making the place better, when in fact it was the federal government, and the racist real estate agencies among them that created the ghettos in the first place! From the 40s 50s, 60s, and now red lining, which is the government denying loans for housing have plague the black community for so many years! Many white people say this and that about black people, but never care to even understand what it is to be black in this country. Since you say reverse discrimination(love your play on words), well that is possible on a smaller scale, but not on a larger scale where a white leader can disenfranchise an entire group of black people. Yes 13 percent of the population! A black leader can't even do that! Not even to the 62% percent of white people! Not even white racism compare to the so called black racism is equal.
Jake M true
That was a very incoherent comment
mikejunior211 then maybe you need to further your education in order to comprehend it better
Jake M black people have systematically been the bearer of America's weight for centuries. How are they supposed to better themselves when most are living with generational poverty. You sound very ignorant, enjoy living in nice condos until you find yourself not able to make ends meet with the "great education" that you have.
Hey Cruz and Morgan and the rest of you folks in the Democrat media, if living in a black majority neighborhood is so important to you, why don’t you move to the Sandtown-Winchester neighborhood of West Baltimore? Maybe you’ll like it better there.
Fairfaxcat...and maybe you will like to return to the trailer park
gokarengo Where my chances of getting murdered would be a million times less likely than they would be in huge swaths of West Balto. and other dangerous areas of Balto. City. And the south side of Obama’s home town. The media-backed Black Lives Matter movement preaches that young African American males are victims only (and of course the police are the villains). What the mainstream media never emphasize-of course it doesn’t fit the narrative of their Democrat-left-leaning views-is what Obama himself pointed out after Ferguson: Young African American males also commit a hugely disproportionate share of violent crime in America. Not only are members of this demographic a million times more likely to be murdered by other young African American males than by the police but the media-driven BLM movement ignores the myriads of law abiding African American citizens held hostage by this group. The movement helps perpetuate the structural evil which is “the soft bigotry of low expectations.”
Wow, history can repeat itself.
What a sad situation seeing it all change so fast. Even more repulsive is that all these developers and realtors don't even advertise the merits of the city itself. All they do is advertise the proximity of New York City, and what it has to offer rather than New Jersey. That's the biggest insult.
Just importing yuppie, and hipster scumbags who can't afford Brooklyn anymore to try and make Jersey City into some new, and hip "sixth" borough. Sooner or later, they're all going to have to realize Jersey City isn't some extension of New York.
All these murals, lofts, overpriced coffee, yoga, and skyscrapers going up as a result of the imported clientele, they won't stop crime, they won't lower anything. The only thing they seem to ensure is that property values go up, and that people unfortunate enough to be in the shadow of these sun-blocking skyscrapers will find it more resource-heavy to live around there.
Gentrification is nothing more than economic manipulation by the white supremecist elite.
You say it won't stop crime? Even worst they will hire cops to overcrowd the area, kicking out the poor, and make up an excuse to arrest them. Its their quotas they will fulfill.
A sixth borough there in that part of Jersey City is really a very fine idea. Don’t kill the goose that laid the golden egg.
@@tamiechristian5719 EXACTLY!!! Another way to steal...that's what they do lie and steal
+gokarengo
👍👍👍
Gentrification is not a testament to racism at all. Instead it is A CONSEQUENCE for having made poor life choices which include having children out of wedlock, Capitalism, and most important...not building up an excellent credit score so that you can afford to invest in purchasing a home.
Think about it it! Not only is home ownership empowering, but it also puts you in the driver’s seat of a negotiation should a developer express interest. Especially if your property values goes up.
Need I remind you that less than 25% of blacks own homes because the majority of their households consists of women and children. And without a father present, along with an over 70% unwed single mother rate, it is no wonder why blacks are being pushed out. NEWSFLASH!!! It’s not your neighborhood if you never owned the property in the first place!
You do realize that the longer you rent the more likely you are to be at the mercy of your landlord right? And once that lease expires he has every right to raise your rent, refuse to renew a new lease, or sell it to a potential buyer whose plans may not include you. That’s Capitalism people! And sadly, you only have yourselves to blame for giving your single mothers a pass for choosing to live off big daddy government.
guess youve never heard of property tax. you can still OWN a home and be pressured to move.
Jesse76th Games: And that’s exactly why one must be SMART AND RESPONSIBLE when considering home ownership. Why purchase a home just for the sake of purchasing a home? If you’re not approaching it with the intent to see an ROI then you’re doing it all wrong.
I should also point out that today’s economy almost demands a 2 income household. Therefore, the reason why home ownership is low in the black community is because unwed single mothers are the head of most households.
@@MrNckissfan tell that to the people that are older and retired. Their income can't keep up with the changing environment because they are no longer working. The house they bought in the area is not the issue it's the system that allows investors that don't contribute to the people living there to come in and buy the property displacing families and communities that already have little opportunity. There's always exception of the rule but that's not indicative of the bigger problem which is these people have been disenfranchised for the longest time. American people. The housing is being bought up by foreigners to give way to a completely different class of people that were fine living where they were at and it's fucked.
You're a dumb neanderthal
Gentrification sucks and your opinion does too. I don’t live off the government. Every black person I know has a father present in the house. And also I can’t afford a damn house.
Time for an update. I call this "gentrification" like a fog that started down in the Bergen area. That fog has spread into Journal Square and the Heights. I've lived on Thorn St. since I'm 13. My block was blue collar. Now, we've been infested with 2 family condos and apartment buildings being converted into condos that Jersey City residents can not even come close to affording. With future buildings being kept as quiet as possible. The city gov't wants to paint it as everything is sunshine and rainbows. Not for people who've lived here their whole life. I was born and raised in J.C. and am being forced to move. I have never moved anywhere my whole adult life. Gentrification is a gentle word in comparison to what they're really doing. J.C. was a big small city. It's a shame they're chasing us away.
Why is it always black and white issue.......cant we all just live and let live......
Thinking of moving to jersey city to be closer to manhattan which parts are worth looking into?
I was born in jersey city,so were my kids moved to Florida it's the same here the home prices are out of control too the rents are just like jersy& new York a lot of mobile home parks are throwing people out with now place
to move the home's or offering nothing for them the developers are building condos Its the same all over
Get out !
My god, how many boring restaurants do we need? Open up a place that has some food but has Salsa, Raggae, and other *live* playing and salsa dancing. Keep it safe but put some life into the place. You can have some diversity but just sitting down and eating with your small party of people and pushing this lifestyle all over the place is just not going to cut it. Open some clubs that has blues, folks, R&B, and so forth. People need to dance and socialize, not just go out, sit and eat.
I don't care about white and black more than I care about a neighborhood having a vibe. Times will change and ethnicities will change but this go out and eat in restaurants and go shopping culture vs. having some real nightlife with some energy is what bugs me the most.
As for affordable housing, well, get some alternative developers to go in there and keep the rents down and make the place nice. If the same kind of developers keep coming in we'll get the same results.
Well, Marvin. Nothing stays the same forever. Time to go.
The problem with gentrification is, eventually you run out of business to spend your money
did he call poor brown people texture??
no boom boxes or pit bulls.
Gentrification is good for black in america no more geto
Alex Studio0610 I actually kinda feel the same way as a black man.
I as well. Black guy here.
All black areas are NOT the ghetto. Gentrification has effected working class black neighborhoods as well.
Dumbass ideology. White man here that just cares about people. Blacks have most of their wealth associated with their homes. Alot of these neighborhoods were built with little to no help from the government unlike their white counterparts of the 50s. When the economy tanked, these areas tanked as well. The difference is they didn't get a stimulus package from the gov't. and became ghettos. Now that that generation has been killed off or locked up, Brad and Steve can come in and set up shop bc they want to bike to work, even though their parents created suburbia for them. Go figure.
This isn't for the blacks though, they are going to be pushed out by high rent prices. Look what happened in Brooklyn, Queens, etc.
All i have to say is alot of people dont know, forgot or just dont want to speak about the source of these problems. It started with the FHA providing loans "only" to mid class and low class white people to move to recently made suburbs in the 30s and 40s plus the G.I bill after WW2 only white soldiers were getting rewarded for their services and getting cheap loans for houses and their family were getting provided with financial aid scholarships and all types of aid in the suburbs ,but not the blacks and hispanics that were also in the war, they had to stay in the city after the war and werent giving the same opportunities as the white soldiers. Coming home to a city collapsing due to the failing railroad lines, abandoned factories, ports which the city depended on and political corruption with "major hague"at the time and then his puppets that took over, jersey city was becoming a disaster with 75,000 people just fleeing in the 40s and 50s, because they were favored for home loans and extra aid etc.. in the suburbs, would definitely cause a economic collapse to a big city like jersey city. Then you have the redlining situations in the 60s and 70s with bankers segregating neighborhoods, and people by race and giving the upperhand to whites for the 3rd time, and lets not forget president reagan and oliver norton in the 80s brought drugs to those cities that were in need of help economically, just to make things more worst, so white flight or however you want to call it, was setup to be that way, by the government at those times.Thats why the highways were built just for the suburbs lol It never had anything to do with one group being better than the other it was just favortism, bias and, plain racist actions. Lol now 30 to almost 40 years later these yuppies are making a comeback to the cities where their grand dads, and great grand dads use to live. I guess the opiate epidemic is hitting the suburbs hard, that these people are now doing a reverse flight to the cities that were in the redlining position in the 60s and 70s hmmmm this just got interesting lol peace out.
Fuckin BRAVO man well said
How many of the demographic will stay here at a long term once they start a family? If they even improve public schools or not which many will likely move to the suburbs near good schools for their children.
Its not so much buying a bargain as selling before it starts smelling.
I like how the reporter politely corrects the simile to cream into coffee.
old money just loves to push people around..why couldn't these people build their own community instead f gentrifying somebody else?
guess America's past time....bother others because "they" can
red foxx 313 BECAUSE real estate prices are based on the free market, dictated by supply and demand. Younger professionals with jobs in the urban city enjoy having a shorter commute and nearby bars, eateries, and entertainment close by too. Property owners freely and legally have every right to sell to developers, and the developers are simply responding to the demands of the market to provide tendy, urban housing. Suppose you owned a small home in what was once a ghetto, but now was the hottest new redevelopment in the city, developers had offered you 4 or 5 times what you paid for the house? (You paid $150,000, now were offered $750,000 or mire) What would you do then?
Always improve Why couldn't the people in these neighborhoods build up their communities themselves? Instead of expecting other people to come in and do it for them?
He didn't 1:26 get rid of the druggies on the corner, I did.. I lived across the street.
Back in the early 1990s, they start calling Hells Kitchen Clinton Hill.
And before that, a large area in Harlem was completely gutted into a new name called Morningside Heights.
They do this, because they do not want to be associated with Black or other people of color. Period.
Eventually El Bario (East Harlem) will be given a new name.
But we partly to blame! You have to buy the property in a low market. Hold on to it until you can find a buying of your own race who can afford to pay the property taxes. Because when a neighborhood gets gentrified, the tax rate goes up. And the tax rate is also the reason why people leave besides the rents.
Jersey Shore hip! Oh the horror!
Raising rents is a big big problem.
Jersey city vs newark
It's backfiring in some communities. High rent are causing many places to sit empty. The poor can't afford it and people with common sense are not going to drop half a million in the HOOD just because you gave it a fancy name.
Excellent😄😍😂
I appreciate the nostalgia but one can always move to Newark for affordable "culture" and continue living their lives as before.
Fulop as he just bought a home for 2 million. He’s one of the outsiders
I just checked the date of this video. 2016. 5 years later and Fulop just bought another home, and JC has increased the gentrification by an insane amount. F that guy
unbelievable. every one of those neighborhoods were all "white" at one time. they don't have a clue about urban development. i use to go all around those areas, in foot. and on trains and buses.
then the ferries started running to manhattan again. nj transit built the streetcars. of freeking course rents are gonna go up.
i'm waiting to see newark start to gentrify. and i love newark just as it is. but even newark has potential.
In the large western city that I live in gentrification has all but eliminated the older (mostly minority) neighborhoods that once no one would ever step foot into. The gentrified neighborhoods are now the hot spots and they all look the same populated now by young professionals. I see it as reverse white flight with a Starbucks on every corner and wholefoods dominating the grocery scene. There is really nothing you can do to stop it. Money rules.
I hope they keep those grand row houses. God forbid if the area goes middle class.
This is awesome
Regressive progressive NJTV.
What’s the opposite of white flight ? 😏
Things change all the time. How can we even have poor communities still? Money is everywhere yet people complain. Their future is in their hands with access to information on cellphones. Stop complaining and do something. It's like businesses....if they don't adapt then they get shut down. Same goes for life, dont adapt you die. Survival of the fittest
Oh well y'all lost y'all lands again
blacks need to evolve
What’s wrong. They don’t like taste of their own medicine?
Njcu area needs Panera , cafe, starbucks, restaurants and bars
Do me a favor guys in thrse comments...ask one of those hipsters who they voted for...its democrat liberals that are kicking you out
Wally Sterg it’s the exact opposite, trump and his brainwashed republicans are doing that. Most Republicans are against low income housing and helping the poor and blacks. Get your fucking head outta ur ass
@@betterpeople3713 really so the Democrats really care about people of color why is it then in these Democratic states like New York people of color can't even afford to live there . But these rich white elitist with Mommy and Daddy's trust fund move in by the truck loads
ragejinraver New York is at an extreme gentrified state where no matter what kicking poor people out is what’s gonna happen. I live in Pittsburgh (city in sw pa) and we never do that. We care about all the people and nyc is something we have to fix.