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Date Posted: Thursday, October26, 02:37:am
Author: unbought and unbossed
Subject: Gentrification: Lies and solutions

After being falsely accused of being a gentrifier by Mayor Torrance Harvey, Hael Stewart Fisher has some ideas about curbing gentrification in Newburgh. From the Mid Hudson Times:



The Real Result of High Taxes:
Gentrification and Displacement
Taxes are often seen as a necessary evil, an
unpleasant but necessary part of life; but when they
exceed reasonable expectations of what’s equitable,
there’s a darker consequence that extends beyond
the individual homeowner. This grim consequence
is very often overlooked, the rise of gentrification
which ultimately leads to displacement of existing
residents and a huge cultural shift resulting in less
diversity.
Gentrification isn’t easily defined. While we all
have our individual perceptions of what it is, the basic
parameters include the process by which wealthy
individuals/investors move into a neighborhood,
often resulting in the displacement of lower-income
residents. This can lead to the loss of affordable
housing, cultural displacement and uprooting of
established communities. The phenomenon is not
only a result of economic factors but also deeply
intertwined with issues of racism and housing
inequality.
When taxes increase, investors are attracted
to previously affordable neighborhoods, causing
property values and rents to skyrocket. This leaves
lower-income residents struggling to keep up, often
facing eviction or homelessness and subsequently,
leading to a loss of diversity. Additionally, tax
foreclosures and increasing tax burdens can force
elderly and longer-term homeowners out. This can
be seen in Newburgh where high taxes have already
transformed the city and displaced many long-time
residents.
To combat this, city hall must consider
implementing rent control and initiatives like the
Actual Value Initiative to protect communities
from the negative impacts caused by high taxes.
Another measure would include implementing rent
control and more affordable housing initiatives.
Rent control can help stabilize housing costs and
prevent the displacement of long-time residents.
The city should be focused on keeping taxes low
for homestead parcels to support those who live
here. Live-in homeowners, especially those with
children are more engaged citizens; they improve
their properties, keep the streets safer and cleaner
which provides for a more cohesive community.
Solutions such as these are critical to preserving
the diversity and affordability of our neighborhoods
while protecting residents. If the city continues to
neglect the inequity and disproportionality of our
current tax structure then we will fundamentally
encourage gentrification through neglect. There are
options; rally your neighbors, raise your voice and
ultimately show up to the polls.
HAEL STEWART-FISHER
Mayoral Candidate, City of Newburgh

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