My roommate just let me know he's getting a condo in Asbury Park, NJ. Those of you following the NYC area probably know Asbury as one of those 1920's vacation spots for the affluent New Yorker, which fell into drugs and decline by the 60's. Nearly everything in the place was abandoned as recently as 5 years ago.
So, my issue is -- is it really OK for three corporations to buy out an entire area of abandoned and/or extremely low-rent apartments, kick out the already extremely troubled population, and give it a Starbucks and Versace of its own? This hits a little close to home for me, as I personally know victims of Asbury Park's forced exodus.
If it's not ok, what can you do about it?