And then the current residents leave before their investments (their homes) lose value and the neighborhood as a whole loses value (or turns into a slum).

People vote with their feet and their wallets.

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xboxnolifes 2 days ago | parent | next [-]

I love all of those examples of cities where the housing prices dropped because people moved out due to building more housing.

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davidw 2 days ago | parent | prev [-]

This is not actually a thing that happens because 'someone built an apartment building'.

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FuriouslyAdrift 2 days ago | parent [-]

Never heard of white flight, huh?

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xboxnolifes 2 days ago | parent [-]

Might want to look into why white flight even happened in the first place. It wasn't because apartments were built.

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FuriouslyAdrift 2 days ago | parent [-]

It was directly tied to the disruption of neighborhoods culture. That's the root of my supposition.

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2 days ago | parent | next [-]

[deleted]

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watwut 2 days ago | parent | prev [-]

It was because the new people were not white. They were black. The culture was not a factor, no matter how respectability politcs exactly as white they acted, they were black and thus a threat.

	▲	davidw 2 days ago \| parent [-]
		That's what 'FuriouslyAdrift' is saying. Those are the people he/she does not want in the neighborhood.