Gentrification & The North Pole

I highly recommend Libertarians watch through the 7 episodes of, “The North Pole”. An amusing web series about Oakland natives dealing with gentrification.

Now as a Libertarian and an economics junkie my first impulse was to explain the economic reasons gentrification happens. Explain how government policies making it harder for natives to thrive and how in light of governments destruction of economic mobility gentrification doesn’t present a necessarily bad outcome for natives. (Offering long time property owners capital to look for greener pastures)

I’d recommend to hold back that impulse for a moment and appreciate how the show shows the emotional and cultural challenges that Gentrification brings. Why should we care? The economic reality hasn’t changed, but understanding the personal experience gives us the empathy to talk about the broader trends in a way people will listen.

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