Why is gentrification bad?

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I’m from a country considered third-world and a common vacation spot for foreigners. One of our islands have a lot of foreigners even living there long-term. I see a lot of posts online complaining on behalf of the locals living there and saying this is such a bad thing.

Currently, I fail to see how this is bad but I’m scared to asks on other social media platforms and be seen as having colonial mentality or something.

In: Economics

19 Answers

Anonymous 0 Comments

The foreigners start living there, everything gets expensive because there are people who can afford it now
To make more profit we make thing expensive to the poor locals to force them out & make room for more rich foreigners

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