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_rpd comments on Open thread, Jan. 25 - Jan. 31, 2016 - Less Wrong Discussion

3 Post author: username2 25 January 2016 09:07PM

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Comment author: ChristianKl 27 January 2016 02:14:46PM 0 points [-]

I think Seattle's South Lake Union development, kickstarted by Paul Allen and Jeff Bezos, is a counter example ...

No, it's not in California. In California a city like Mountain View blocks a company like Google from building new infrastructure on it's edges.

Perhaps gentrification is a more general counter example.

In what sense? Gentrification simply means that rents go up in certain parts of the city. It doesn't have directly something to do with new investments.

Comment author: _rpd 27 January 2016 03:13:16PM 0 points [-]

Gentrification simply means that rents go up in certain parts of the city. It doesn't have directly something to do with new investments.

In my experience gentrification is always associated with renovation and new business investment. The wikipedia article seems to confirm that this is not an uncommon experience.

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