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Line 1: ==   == == Definitions == Line 43: "Displacement by renovation" from: "[https://www.facebook.com/groups/236403716698010/permalink/455898888081824/ Vetting a proposition]": note on Facebook from Michael Andersen in PDX YIMBY (Yes, In My BackYard) public group, 24 May 2017. [https://www.facebook.com/groups/236403716698010/permalink/455898888081824/. https://www.facebook.com/groups/236403716698010/permalink/455898888081824/. ] <blockquote>''"Portlanders who are, like most of us here, focused on preventing displacement should be much more worried about renovation than about construction.'' ''"Site-specific displacement from construction of new homes is real. But site-specific displacement from renovation is just as real, likely more common (?) ... and unlike new construction it doesn't simultaneously increase the speed at which every other home in the metro area is able to get cheaper.'' ''"Renovations are the direct cause of a large share of no-cause evictions. When a renovation raises the price of a home, as it typically does (that's usually the landowner's motivation, after all) the main effect on the population is to replace one or more poorer households with a richer household.'' ''"Renovation is sometimes necessary; it's usually more efficient to repair a structure a few times than to rebuild on a site from scratch every 40 years. And of course I'm in favor of keeping all homes to a basic standard of health and comfort. But in general, when renovations are common, it's sign of our failure as a city. Every renovated old home inhabited by a well-off household represents a new home that could have been built but wasn't.<br/> Thoughts?"''</blockquote> ~~<blockquote>~~ ~~''"Portlanders who are, like most of us here, focused on preventing displacement should be much more worried about renovation than about construction.''~~ ''"Site-specific displacement from construction of new homes is real. But site-specific displacement from renovation is just as real, likely more common (?) ... and unlike new construction it doesn't simultaneously increase the speed at which every other home in the metro area is able to get cheaper.'' ''"Renovations are the direct cause of a large share of no-cause evictions. When a renovation raises the price of a home, as it typically does (that's usually the landowner's motivation, after all) the main effect on the population is to replace one or more poorer households with a richer household.'' ''"Renovation is sometimes necessary; it's usually more efficient to repair a structure a few times than to rebuild on a site from scratch every 40 years. And of course I'm in favor of keeping all homes to a basic standard of health and comfort. But in general, when renovations are common, it's sign of our failure as a city. Every renovated old home inhabited by a well-off household represents a new home that could have been built but wasn't.<br/> Thoughts?"'' ~~</blockquote>~~

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