San Francisco used to be famous for its tolerant and creative culture. These days, it’s more famous for its astronomical cost of living; the average rent as of February for a one-bedroom apartment was $3,368. Cities with vibrant arts, music, and social scenes are being hit hard by gentrification. The pattern repeats itself in cities everywhere—artists, nonprofit leaders, young people, DIY culture, urban farmers, and small-scale entrepreneurs begin revitalizing a city. Then real estate speculators arrive, and before long the people who created the scene and many long-time residents find themselves priced out, leaving only the super wealthy—and the homeless.
Categories:Yes!