Who
Who is affected when investors purchase properties?
Local homeowners, natives, local businesses, infrastructure, and island culture.
When wealthy people move in, raising costs, and pushing locals out.
Gentrification
T/F
Puerto Rico is located in the Caribbean Sea
True!
Before Puerto Rico was a US territory, who held power?
Spain
T/F
Puerto Rico is a state
False!
Puerto Rico is a territory (meaning they cannot vote on federal issues involving the US elections)
The capital city, where gentrification is most visible. Coined as the "Walled City".
San Juan, Puerto Rico
This youtuber/influencer/boxer purchased a $13 million house in Puerto Rico in 2021, causing major discourse between said youtuber and locals.
The most common result of gentrification for locals on the island.
Displacement
Area that is the most affected by gentrification
Trick question:
Everyone, everywhere, and everything.
T/F
After you move to Puerto Rico as a US mainlander, you can take advantage of special tax incentives.
False!
Not only do you have to be a bonafide resident and be accepted, you have to pay an estimated $16,000 to application fees, acceptance fee, charitable donation fee, annual filing fee
(this excludes price of property)
The type of rental that is having the highest affect on affordable housing in Puerto Rico.
Airbnb, or short-term rental
T/F
Every beach in Puerto Rico is public.
True!
(technically)
T/F
Brock Pierce, a wealthy investor/child actor has made impressive efforts to repair the relationship between investors and Boricuen population.
False!
Gringo Go Home!/Yankee Go Home!
The areas on the US mainland that host the most displaced Puerto Ricans.
New York, Florida