The part that seems flawed to me is that some racial groups are statistically much less likely to be high income earners. As prices increase tremendously, like

The part that seems flawed to me is that some racial groups are statistically much less likely to be high income earners. As prices increase tremendously, like you said happened here, you're going to be pushing out these racial groups. It seems like this is an experiment in creating gentrification and displacing disadvantaged minority groups.