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date: 01 October 2020

San Francisco, Gentrification in (1940s–1970s)locked

  • Rebecca M. Bodenheimer

Extract

Since the first dot com boom of the late 1990s San Francisco has consistently been the epicenter of a nationwide affordable housing crisis and home to the highest rents in the country Thousands of residents including San Francisco natives have been priced out Gentrification the arrival of wealthier people to a neighborhood or city that results in an increase in property values and a related displacement of existing residents has pushed working class and poor San Franciscans to other cities and suburbs in the Bay Area and beyond It has disproportionately affected people of color primarily African Americans and Latinos who do not have the reserves of wealth to keep up with the staggering cost of housing While this problem reached crisis proportions within the context of a second tech boom that began in the later 2000s gentrification and displacement are not new issues for San Francisco Moreover the history ...

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