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Gentrification is the reality, its just a matter of where at this point. Why is gentrification centered around where the tech companies are based better than ge
by jamiequint 13y ago
Gentrification is the reality, its just a matter of where at this point. Why is gentrification centered around where the tech companies are based better than gentrification in lower-income neighborhoods. Either way people are getting displaced and rents are going up somewhere as demand exceeds supply.
I find it interesting that in this situation in general (and in your comments in particular) most of the blame seems to be focused on the tech companies. The businesses are just making economically rational decisions around how providing transportation helps recruiting. What is their alternative?
There are two sides to the supply and demand equation. Asking companies to scale back the "demand" for workers moving into the city is ridiculous. The City of San Francisco is the one that is actually to blame for not appropriately managing the supply side of the housing market by making it so hard to get new projects approved and built. Why is all the focus on the companies and not on the city government and neighborhood NIMBYs that seems to proliferate all of SF.