GENTRIFICATION and REAL CRIME
GANG ACTIVITIES & GENTRIFICATION As cited in previous posts, Pasaterra Capital comprised of partners Tim Trout of Paladin Equity and Mandy Wang of ZZ Fashion, purchased numerous properties within the city of Pasadena in areas designated by the city as lower socio-economic neighborhoods. The reality is, these are not inexpensive neighborhoods to live in and residents include families, retirees living on fixed incomes, minorities, professionals, and young and old persons. Pasaterra obtained permits through the city of Pasadena's City Planning Department to buy properties and gentrify some of the city's less affluent neighborhoods which of course, requires purging long time residents from the properties it bought, refurbishing units, and afterwards substantially increasing the amounts of monthly rents. Pasaterra has successfully through the violation of Los Angeles city laws, used fear to drive out many tenants. On Thursday, September 22, 2022, a meeting was held at Villa P...