Transcripts for CNN Anderson Cooper 360 20140227 06:26:00 :

CNN Anderson Cooper 360 February 27, 2014 06:26:00

the atlantic ocean. where are you going to go? >> in terms of though property values for people who have owned a building, you know, for like your family were saying bought in the '60s, and as an area gentrifies, property values go up, people benefit in that way. so i mean, that's a benefit for those who own property. but for those who are renting you're saying that's not a benefit obviously? >> yes. everybody is not fortunate enough to own a house. so i'm not going to say there's absolutely no benefits. i'm just saying at what cost. and i just find it interesting that you have to have an influx of white new yorkers to move these neighborhoods for the services to go up, for the schools to be better. they get better sanitation, get more police protection. >> right. those services should have existed before. >> why not that happened before gentrification? we're still paying taxes. we're still new yorkers. >> right. there are -- i know you've heard

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