To Beautify Or Gentrify?

 

About the author

Stephen Currall recently received his BA in history from Arcadia University. Before beginning doctoral studies, he is pursuing his interest in local history, specifically just how Philadelphians engage their vibrant past. Besides skimming through 18th century letters, Steve is also interested in music and travel.

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  1. Why wouldn’t lower income homeowners want high-income homeowners to move close to them? Because the City then taxes the older homeowners out of their homes, via “reassessments”, pushing neighborhoods to become less diverse, rather than more diverse in the process. This doesn’t have to happen if actual cost-basis – what you paid for your home plus improvements – is used instead of a fantasy “marke value” assessment cooked up by an appraiser on the City payroll. This system is used in the State of CA, where there are many diverse neighborhoods.

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