I’m no newshound, but of late I’ve noticed more than a few comments on pieces detailing the present tense of some older, and until recently, largely overlooked New Orleans neighborhoods. Some call it a white tea pot effect, and others have expounded on this, even hyping it up with modified phrasing like re-gentrification or super-gentrification. But the tone often leans toward a woeful finger wagging on that whispery word unto itself: gentrification.
And all I keep coming back to is, do we not live in a free market society? Are the choices made by the citizenry not their own? To live somewhere or not. To embrace risk versus reward in prospecting or strict investment, whether as an owner occupant or out and out landlord? Yes, incentive can come in the form of local, state, and federal tax incentives, and yes, re-zoning has been known to kickstart a movement. But these benefits are not exclusive to any one demographic, and they never will be. Quite simply, population migrations happen.