Real Estate

Increasing housing prices are great for owners, but create changes in communities.

This evening, I participated in a march from the Pasadena School District admin building to the Pasadena City Council meeting. We hit the major thoroughfares of downtown Pasadena, up Lake Ave and west on Colorado Blvd. There were maybe 75-100 people at the march’s peak, mostly Latinos who are struggling to make ends meet and still live in Pasadena. There were several of us NWN folks who joined in solidarity with our neighbors about these issues in Pasadena. In a nutshell, the public schools suck, are poorly managed and budgets are being cut (with possible school closures). Housing prices are going up and many people are being priced out of our neighborhood (new housing is being built, but 85% of it is “unaffordable housing”). The people who are hurt most by these things are the people who can’t afford to send their kids to private schools, and can’t afford the increased rent. The owners and landlords don’t seem to care, as their kids are being educated and they need to get their investment return. It felt good to join in this march, but it is only the beginning, and marching is not in and of itself going to make any change.

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