Renters have two options:

• get fucked
• move (and get fucked)

At least if the homeowner sells they get the windfall.

I was living in a neighborhood that gentrified and my rent went up a “life altering” amount. I had to move to a different, shittier neighborhood and had nothing to show for it. If a property owner has the same thing happen, they may be forced to sell, but they will get a massive windfall. Renters get nothing besides a kick in the butt.

It’s really incredible. Then again, there’s a theory I heard that Israelis like it when Jews feel/are threatened elsewhere in the world, because it promotes Zionism.

Highly influential people who where loyal to Gorbachev: Purged and often imprisoned after the coup attempt.

Highly influential people who were loyal to Yeltsin: Oligarchs.