Valparaiso was so grand and pretty back in the day. It's still incredibly pretty, but in a run-down, nostalgic kind of way. A lot of people think that the city shouldn't be allowed to change, that it should be kept grotty, poor and downtrodden as that's where the city's 'soul' comes from. I disagree. Valparaiso was a clean, well-maintained, wealthy and culturally vibrant city in the past and aspiring to return to that is something that should be encouraged.
Don't listen to the hippies :)