We have a winner. Artists bring in sweat equity and an air of coolness. Want to invest in the next hot neighborhood before its hot? Follow the artists.
Belmar did the same thing with reduced rate artists studios, but most places were just the cheapest place to get creative spaces in Denver like LoHi, RiNo, Santa Fe etc.
But yes, it brings in more liberals with money who over pay for that hip neighborhood atmosphere.
Then the artists, who usually rent and not buy, get pushed to another area thats more affordable. Rinse and repeat.
I was always amazed when I found out people were pissed that their greedy landlord was kicking them out after they were great tenants for 20 years just because the neighborhood was hot now and they could get more money. <dumbasses>
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