My opinion on gentrification is you can't stop progress. Blacks cant have it both ways. You cant complain about nice stores not wanting to be there and then not wanting improvement from nicer homes. Nice stores dont want to be in the ghetto with ghetto problems like crime. https://www.houstonchronicle.com/ne...t-in-Our-Name-Rice-students-band-14998870.php
It sounds like the Rice students don't want to stop the development, they want the university to make some kind of arrangement that shares the benefits of gentrification with current nearby residents. I'm not sure what kind of arrangement you can make that can effectively do that, but I think it makes sense to try.
So you rather black neighborhoods dont improve. I don't know where you're from, but blacks in Houston ghettos own property. They benefit from gentrification
Other "communities" generally want a feeling of bringing and a sense that the city and local businesses are giving back to them. Sure some individual Blacks might get big offers for cashing out but generally it's the developers who profit rather than the Black community as a whole. I'm encouraged that Rice at least proposing to include the community in it's development goals rather than edging them out as has happened in nearly every case of Black or Hispanic gentrification.
Gentrification increases home valuations and therefore real estate taxes. For poor black families that own a home there but have modest incomes, that's problematic. It's good for them if they can sell the property for windfall capital gains, but it would mean leaving the neighborhood to access those gains. A possible remedy is to borrow against the now-higher value of the house to pay the tax, but that requires financial literacy and good credit. Third Ward also has a lot of renters who consider the neighborhood their community even though they don't have any equity in it. When the real estate prices go up, rents will go up and they'll be forced to leave. Of course, as you point out, non-gentrification isn't good either. Some of those houses are 100 years old now. No central A/C, no insulation, some are falling apart. It needs investment. Gentrification will be good for some owners, including black owners. Others will be pushed out. It's coming for Third Ward regardless though. That is such a great neighborhood, and with a blessed geography, I think it's inevitable. Near downtown, EaDo, Museum District, Medical Center, Rice, and UH. If the gentrifier is going to try to make concessions to the community there, I think that's the best you can hope for.
Translation : U-People can have nice things in your neighborhoods. . . . once you are forc.. .er. . . move out of them! eh Comrade? Rocket River
Translation: slave mentality Us blacks can't do it ourselves so we live in ghettos with crime unless master makes it better We have to stop thinking like slaves.
You know i understand blacks are supposed to be in lock step on all issues from politics to culture. Its really not a good thing.
