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@Ken:

"How exactly are the multi-generational families being displaced?

The rise in student demand for homes prompts families to move for 2 reasons. (1) Student behavior makes their block less attractive, and (2) their block becomes less multi-generational as group home landlords can pay more for the portion of homes that would have turned over anyway. That's because the homes are worth more in the short run as group home rentals when students would otherwise have to pay the 2nd highest housing rate in the nation."

So, "displaced" = "prompts families to move"? Sorry, no sale. Moving because it's economically advantageous is not being displaced. And while loud, late nights and trash are annoying, I'm hard pressed to accept that they lead to "displacement."

by dcd on Jan 24, 2011 9:32 am • link • report

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