Gentrification in Raleigh, NC - "Home Economics" - A WRAL Documentary
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- Опубликовано: 18 мар 2021
- Raleigh, NC is the second fastest growing major metro area in the nation. Businesses and people are moving here because it has earned a reputation for being one of the best places to work and live in the country. But the housing supply has not kept pace with the growth, driving up housing prices and making home ownership and rent more expensive, especially in the downtown area where people have been increasingly wanting to live. That’s led to a shortage of affordable housing and gentrification, which means the displacement of lower income people, usually people of color.
The WRAL Documentary “Home Economics” looks at Raleigh’s urban growth, the reasons behind it, how it is changing many neighborhoods around downtown and what that means for the people who live there. It examines the cause and effect of gentrification and what people and policymakers can do to reduce its negative impact. It also examines the effect of the pandemic and what it could mean for Raleigh’s revitalized city center, which is driving much of the growth in and around downtown.
“Home Economics” is written and produced by Clay Johnson, shot and edited by Jay Jennings and hosted by WRAL News anchor Gerald Owens. .
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This is happening in Cary, too. Average people aren't going to be able to afford their houses because of increasing property taxes.
There's no solutions in the current economic paradigm, the system does what it does: increasing inequality by fuelling egocentric financial incentives. As people are being crammed into tighter and more expensive living conditions, the affluent own their own entire property(s). Shit, they probably spend a significant portion of their time on their cozy couches thinking about where to buy their investment properties to maximise on returns, most likely, in neighbourhoods that are being gentrified. It's a perpetual cycle, homes shouldn't be a commodity.
"Housing is important to one's wellbeing...". Well said.
Something else to think about, what if the tables were turned?
"I believe that we should be able to choose where we live." This statement is a fantasy in our world today. There are plenty of neighborhoods I would love to live in but CANNOT AFFORD. That is how this world works.
YOU are talking about an issue that has nothing to do with what this story is about HERE we have people that have been in THIS particular area because they had no other choice because of redlining and have been ok with the cards they have been dealt many being here several decades… Now the people that fled the area because they did not want to live around these people in THESE neighborhoods are NOW coming back TAKING OVER what they didn’t want in the past and making it FINANCIALLY IMPOSSIBLE for these people to stay in there homes … and it’s the same story less well off people being PUSHED out of where they where forced to live because ( these folks ) decide it’s more convenient for them to be in these spaces
@@brucebeamon5460 History has it's eddies and flows, doesn't it? The Cabrini Greene projects were built in Chicago as an out-shoot of the Catholic Parish there, which in the early days were of course near downtown. After years of existence, those housing projects were dismantled, and of course the land was much more valuable given it's proximity to downtown. If you own a home in those traditionally ethnic neighborhoods near any big city, they can't force you to sell - you can just keep owning it - although it's true, the value and property taxes might go up. Plus the temptation to sell at an inflated value then is there also. But like every gift and blessing we have in life, it comes with the potential that we will somehow take it for granted, or assume that the good times will roll forever. And it's also true, generally, if we're not blessed in one way, we're blessed in another. You can't always pick your blessings, but you can look for them.
I've lived in Greensboro and Winston but not Raleigh. North Carolina has always been segregated though and as a white I've been chased out of certain downtown neighborhoods by the cops. We all have our place but It sounds more like Northerners moving in and not understanding the dynamics, or what's going down.
I lived in Greensboro and Winston from 1998-2000.Moved back to Raleigh.
The problem with gentrification is that the artist and performers can't afford to live in the city so they are pushed out thus YOU GET A BORING CITY!!!
But here's the kicker:
The local government, banks, and realty companies don't want more inventory. More inventory drives prices down.
Understand all the sentiments here but people just need to move out of the city. I rented in the city but when it came to buying I had to move a half hour away, I’m sorry but thinking a house in the city is gonna be affordable is asinaine
Right, kind of "stuck in the past".
Won't speak to you and will only speak to you to lowball you on buying your house CASH.
Best way to avoid gentrification is to live where no one else lives. Avoid vibrant cities at all cost! Stay on the country side. #idaholife
Then eventually "they'll" start development there.
people need to work...not everyone has an inheritance
Does anyone really care if people who have a high percentage of trouble in their culture are forced out financially? I don't!
The African Americans who can not afford to live in Raleigh can always move to eastern North Carolina. North Carolina east of I-95 is bigger than New Jersey, but it has less than 1 million people, while New Jersey has almost 10 million. Problem solved! That way the blacks don’t have to pay those high Raleigh prices and can live together where they will be more comfortable.
C 118 WHY should the BLACKS HAVE to MOVE they where redlined into those area’s DECADES AGO because these people did not want to be there Now it’s fashionable and convenient to be back in this location and the folks that have BEEN here MANY BEING HOME OWNERS have to pack up and leave . THAT IS NOT MORALLY RIGHT AT ALL … what the city could do is GRANDFATHER in these people’s property tax bill and RENTS and should there circumstance changes be it a move or they die then they can buy the property don’t just PRICE THEM OUT
the old white lady is gonna get robbed or mugged
Raleigh is okay but it's way too close to Durham, which is an absolutely filthy place.
It's called "GET A JOB" and stop being lazy or entitled.