"Spanfeller is a twat" (theaspiringengineer)
09/09/2018 at 13:16 • Filed to: None
4
0|
"Spanfeller is a twat" (theaspiringengineer)
09/09/2018 at 13:16 • Filed to: None | 4
| 0 |
In ten days we’ll mourn to two frightening anniversaries.
So, here’s the tale of Mexico City’s brooklyn, Hipodromo-Condesa
Hipodromo used to be a middle class area of the city before the original “El pendulo” opened nearby El Pendulo is an expensive coffee shop/bookstore that kickstarted the gentrification wave in the area.
As tastes changed from wanting houses to wanting apartments, developers began buying old houses and erecting 5-7 storey apartments, the cheap houses of the area blew, smarter neighbors began charging more for their homes or expecting that developers don’t tare them down, but found themselves fighting an impossible battle with ever climing taxes.
This was sustained for years, as richer people, AirBnBs and butique hotels filled the streets, pushing old patrons aside in the name of profit.
However, the area already had some large buildings made prior to 1985 , and since prices were going up, remodeling them was unnecessary. This all came crashing down in 2017, when the earthquake shackled the area to it’s knees. Years of building without care for the building code or years of neglect to the older buildings that needed to be retrofited with better structures culminated with a broken neighborhood.
Many neighbors that used their houses as investment felt that suddenly this booming are a would become toxic, and the government wasn’t exactly keen to help, this was after all a very expensive area, and any use of public money to help the rich would be unacceptable, even if many of the victims of the earthquake were also the last remaining neighbors that did not sell their houses to developers.
Many buildings remain foreclosed due to structural problems, and will probably be a hazard for neighbors if another quake hits