It’s only good for you IF you own your property, AND plan on selling it or borrowing it against it. Otherwise, it’s an appreciating asset that just costs you more money in property taxes, costs of upkeep, etc.
They probably don’t, but I don’t think they contended that they do.
I am a TJ’s shopper as well, but let’s be honest here. You (presumably) do not live in a poor, urban, majority-minority area. TJ’s caters to YOUR tastes and needs, not the people who actual live in those areas. My local TJ sells things like aracini balls, beef bourguignon, and lamb vindaloo. Even less exotic fair like hamburgers are frozen Kobe Burgers that sell for $3 each. I like TJ’s a lot, but I think they clearly have a customer in mind that is distinctly unlike those who seem to live where they want to build. It would be like a building a movie theater in a Spanish-speaking neighborhood that doesn’t show movies in Spanish.
And that is really the main issue people have with gentrification. While a lot of it is justifiably framed by race, most of it is really just annoyance that businesses come into an area, and have little desire to actually serve the residents of that area. I don’t think it’s usually nefarious. It’s just that business owners trying to justify their decisions using business norms, and people criticizing them using social norms. The reality is that poor minorities are often not as profitable for stores like TJ’s, so they don’t mind tacitly going along with trends that exacerbate gentrification, and supplant the local populace with others that are better for their bottom line.
Many of these gentrified areas were poor minority areas first because of segregation, then because they were allow to rot due to intentional neglect. Now, many of those same areas are changing because the same groups that objected to living there amongst minorities now need to because they are getting priced out of other more-desirable areas. Then once, some critical mass of young, early adopters moves in, businesses that could have been there this whole time decide that it’s now worth their while.
At some point, we need to address the ramifications of treating poor people as an inherent societal liability that is pushed aside as much as possible.