On trying to increase property values through fostering a rich, artistic community. “Rich” could mean at least two different things.
However, we need to be aware of a couple troubling trends underneath these celebrations of the transformative power of art. First, we have to ask who are they transforming an area for? And at whose direction? Because, as the excellent, if sobering, article “The Pernicious Realities of Artwashing” on CityLab.com details, too often the presence of artists is becoming a deliberately engineered move to increase the cache of a building or area, until prices rise and the artists themselves are priced out, along with the original lower income residents of an area.