I know it is a little early but I feel what happen or what still had not happen would have a long lasting but mostly Local effect on North county. For example now the Canfield Green apartments are not about 25% to 50% occupied if occupancy stays that low it could force the rent of $550 a month even lower. Also it could force down the rent in other apartments complexes in the area. With prices that low it could draw more poorer people out of the city to move there. That can directly can cause more gentrification in the city.
If city building owners don't want to compete with the possibility of long term lower rents in north county they may become more eager to rehab their building for higher rent / sell demographic.
It is still to early to see the long term effects but there will be some form of aftermath in local real estate , politics ,crime, and economics. With mostly a negative effect on north county. Also maybe a positive effect on the city.
http://www.buzzfeed.com/joelanderson/ev ... on-neighbo
If city building owners don't want to compete with the possibility of long term lower rents in north county they may become more eager to rehab their building for higher rent / sell demographic.
It is still to early to see the long term effects but there will be some form of aftermath in local real estate , politics ,crime, and economics. With mostly a negative effect on north county. Also maybe a positive effect on the city.
http://www.buzzfeed.com/joelanderson/ev ... on-neighbo







