Comments on: D.C.’s Rising Home Prices By Neighborhood http://dcentric.wamu.org/jp/d-c-s-rising-home-prices-by-neighborhood/ Race, Class, The District. Mon, 16 Jul 2012 03:01:00 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: ZinDC http://dcentric.wamu.org/jp/d-c-s-rising-home-prices-by-neighborhood/#comment-1063 ZinDC Wed, 23 Nov 2011 15:05:00 +0000 http://dcentric.wamu.org/?post_type=jiffypost&p=12359#comment-1063 This sounds like good news for formerly poor residents.  They walk away making a huge profit on their homes.  So, income diversity decreases because the formerly poor now have substantial profit.  Renters would not own those houses even if the formerly poor kept them.  Basically, this article needs to decide: are the poor residents leaving as poor as they were, or are they leaving richer than they were?  If the latter is true, then this sounds like a good thing for formerly poor residents.  This sounds like good news for formerly poor residents.  They walk away making a huge profit on their homes.  So, income diversity decreases because the formerly poor now have substantial profit.  Renters would not own those houses even if the formerly poor kept them.  Basically, this article needs to decide: are the poor residents leaving as poor as they were, or are they leaving richer than they were?  If the latter is true, then this sounds like a good thing for formerly poor residents. 

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By: ZinDC http://dcentric.wamu.org/jp/d-c-s-rising-home-prices-by-neighborhood/#comment-1064 ZinDC Wed, 23 Nov 2011 15:05:00 +0000 http://dcentric.wamu.org/?post_type=jiffypost&p=12359#comment-1064 This sounds like good news for formerly poor residents.  They walk away making a huge profit on their homes.  So, income diversity decreases because the formerly poor now have substantial profit.  Renters would not own those houses even if the formerly poor kept them.  Basically, this article needs to decide: are the poor residents leaving as poor as they were, or are they leaving richer than they were?  If the latter is true, then this sounds like a good thing for formerly poor residents.  This sounds like good news for formerly poor residents.  They walk away making a huge profit on their homes.  So, income diversity decreases because the formerly poor now have substantial profit.  Renters would not own those houses even if the formerly poor kept them.  Basically, this article needs to decide: are the poor residents leaving as poor as they were, or are they leaving richer than they were?  If the latter is true, then this sounds like a good thing for formerly poor residents. 

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