And for Indiana...the hits keep coming: Angie's List Cancelling Expansion

[jtuck004]

15. Let me refer you to this post - says it well, but is talking to someone else...

you'll get the gist of it though.

...
Gentrification involves displacement of one class in favor of another class plan and simple. You make it sound as if it is only restricted to residential housing markets and rehabilitation of existing properties. The definition of Gentrification is much broader and includes vacant land, usually in prior industrial use, and newly built designer neighborhoods, as well as neighborhoods of working class housing. It can include off the peg new-build developments, often beside water or in other notable location in the city.

Gentrification can stem from the altering industrial structure in any major city. A change from manufacturing based industries to service based industries in the inner cities results in a simultaneous change in the occupational class structure from one largely based around manufacturing working class individuals to one increasingly dominated by white-collar professionals whose financial, cultural and service industries are located major cities
...

http://www.city-data.com/forum/indianapolis/2205209-history-white-flight-indianapolis-7.html

Some other good info in there as well.


People would like to pretend it isn't screwing people over if they can't see them, but that is just an excuse used by those who are profiting.