Real Estate is heavily based on the concept of supply and demand and a new term

Real Estate is heavily based on the concept of supply and demand and a new term

Real Estate is heavily based on the concept of supply and demand and a new term called Gentrification is happening. Gentrification can be rather controversial, please view this video (5 minutes, 49 seconds) and post your thoughts on this subject. Here in San Diego a few neighborhoods come to mind that have experienced Gentrification: Little Italy, East Village, Logan Heights and especially North Park/ Normal Heights, tell us what you think in this week’s discussion post.