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Should the local government regenerate this area?
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Selected claim, opposing its parent
If people already own their own homes, they will be less affected by increases in housing prices.
Pros
Cons
Pro claim 1
The regeneration will be an opportunity for homeowners in the area: if the houses in Leonem increase their price, that means their homes will become more valuable.
Con claim 1
The local residents will still be affected by the rising cost of goods in the area.
Con claim 2
Very few people in Leonem own their homes outright, and are more likely to be renting.
Con claim 3
When areas become wealthier, this usually comes with an increase in property taxes. Poorer homeowners may not be able to afford the higher property taxes, forcing them to move.