The Gentrification Cycle
The last panel of this cartoon was inspired by a recent NYT article about the Belgravia neighborhood in London, where international jet-setters own much of the real estate. Multi-multi-million-dollar homes sit unoccupied for most of the year, leaving the streets deserted.
Here’s an idea. Let me suggest that the very finest properties be reserved for cartoonists and other artists, musicians and writers. Wealthy benefactors would take a cue from the Renaissance and pick up the tab, honored to support a rich cultural life in their city. The yuppies could then squabble over the crumbling fixer-uppers we leave unclaimed. (Yes, I’ve been spending too much time thinking about housing lately, and getting annoyed at gentrification.)