It's not just the inner cities that "suffer" from gentrification as rising property values attract a different type of resident to an area. On the coast old beach shacks and holiday houses are rapidly giving way to new beach houses, many of them occupied by retirees "living their dreams". This is not a new thing though, it's a cycle that has repeated every few decades for the last sixty years with the ebb and flow of the financial world.
Moffat Beach.
© Sunshine Coast Daily Photo - Australia
www.citydailyphoto.org
1 comment
The same is done here. Unfortunately the trend is to build bunkers or geometric jumbles of houses on properties surrounded by hundred year old houses, places that end up sticking out like a sore thumb.
Post a Comment