Topic: Property Values

1 chapters across the catalog

66: Black Butterfly
1:34:05 - 1:41:44

66: Black Butterfly

Gentrification, The Wire, and Planned Obsolescence of Neighborhoods

The hosts discuss "re-gentrification" in East Baltimore, where institutions like Johns Hopkins expanded by demolishing Black housing. They argue that cities often allow neighborhoods to become crime-ridden and "zombie-like" to drive down property values before developers move in to buy land for pennies on the dollar. This cycle of planned obsolescence is compared to the themes seen in the HBO series "The Wire" and similar trends currently occurring in East Austin.