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Parent Article: Help Stop Luxury Condo Developers in JP
Hidden with code "Duplicate post"
Re: Help Stop Luxury Condo Developers in JP
05 Apr 2005
so the deal with hyde square gentrification (as i understand it):

the hyde square area used to be in really rough shape: slum lords, crime, drugs, abandoned lots, etc.

however, a lot of community involvement (with lots of help from groups like hyde square task force and development help from the jamaica plain neighborhood development corporation), the neighborhood was cleaned up a whole lot and has become a nice place to live. that coupled with gentrification pushing people in the city outwards has made jamaica plainthe place for a new wave for gentrification. now, greedy developers, like mr. agassi, are looking to capitalize on a working-class neighborhood that has made itself a good place to live and push out the tenants who live there.

to ".", the way that gentrification works is that expensive housing (which market rate is (but i'll get there in a second) is put in. then the other landlords realize they can make an extra buck and so either raise rents (which forces people out of their neighborhoods), or evict people to renovate to cater to the richer people who are deciding to move to the area. thus the neighborhood is gentrified.

the boston housing market is ridiculous. it's commodifying a necessity to live. if the cost of m&m's shoot through the roof due to demand, that's one thing; if it's a necessity for survival, that's ridiculous. and the market demand for housing makes it way too expensive for a large sum of people, especially in the hyde sq. area. so to afford housing of that cost is a luxury, hence luxury housing.

i live near blessed sacrament. i don't want to have to move out of my neighborhood because a greedy real estate vulture wants to make his fortune even grander. and i don't want to see my neighbors forced out, either. he's screwing with my neighborhood, so why shouldn't i tell him to rescind his bid? the people working on this project are from jp, the bidder isn't. in fact, there have been neighborhood meetings (put on by the jamaica plain neighborhood council), and the result is that the jp neighborhood council has put out a call for affordable housing on the site. the community has spoken. why do you think mr. agassi should have such a say? because he's rich? yeah, that sounds great for the community.

and the jpndc is presenting a bid for the property to make it affordable housing. but when unfairly rich people have exorbitant amounts of money to sling around the playing field isn't quite fair.

hope that clears things up.