There's nothing wrong per se with an educated, wealthy populace. It's the gentrification process that is problematic. It forces the poor and marginalized out,

There's nothing wrong per se with an educated, wealthy populace. It's the gentrification process that is problematic. It forces the poor and marginalized out, which is basically the last thing those populations need. It's also bad for innovation of all kinds. People who have ideas and are willing to take a chance on executing them are deterred by the threat of being forced out of their communities if they fail. You're already seeing this with the loss of artists and musicians from the bay. My housemate is a professional artist and straight up can't afford to move within the bay. Our house is being sold, so she's moving to Georgia.