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It's called gentrification. Hang in there!
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Yes, although the result is that the good people living in the neighborhood usually get priced out of living there.
I remember some time ago in New York (don't remember the neighborhood), a drug dealer set up shop on the corner. The people on the block confronted him, and told him he couldn't sell there. He continued, and his body was eventually found in a dumpster. No drugs were sold on that corner again.