Why is gentrification bad?

1.10K viewsEconomicsOther

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

Old people hate it, and they’re also the ones that vote the most, so it becomes a massive media stink for political votes locally.

You are viewing 1 out of 19 answers, click here to view all answers.