San Francisco's Crisis of Affluence

The booming tech industry has brought economic development to the Bay Area. But lavish lifestyles, astronomical housing prices, and rising evictions has put the industry in the crosshairs of a very public backlash. Can the city broker peace?
torbakhopper / flickr

"Resentment simmers [in San Francisco], at the fleets of Google buses that ferry workers to the company’s headquarters in Mountain View and back; the code jockeys who crowd elite coffeehouses, heads buried in their laptops; and the sleek black Uber cars that whisk hipsters from bar to bar," write Erica Goode and Claire Cain Miller. 

"For critics, such sights are symbols of a city in danger of losing its diversity — one that artists, families and middle-class workers can no longer afford. On the day of Twitter’s public offering this month, 150 demonstrators protested outside the company with signs reading 'People not profit' and 'We’re the public, what are you offering?'”

“There has to be some kind of public support to make sure you don’t just have a city of the very wealthy, but people to make the city run,” said Kevin Starr, professor of history and policy, planning and development at the University of Southern California.

“You can’t have a city of just rich people,” he said. 

Full Story: Backlash by the Bay: Tech Riches Alter a City

Comments

Build Your Own Paper Block City

Urban Fold is an all-inclusive kit that allows anyone to build the city of their dreams with a few simple folds.
$24.95
building block set

NEW! Build the world you want to see

Irresistible block set for adults when placed on a coffee table or desk, and great fun for kids.
$25

City Coasters

Hand-drawn engraved maps of your favorite neighborhoods are divided up across 4 coasters making each one unique.
$36.00
AICP CTP Storefont Display

The first online AICP* CTP exam prep class

Are you ready to take the AICP* Certified Transportation Planner exam?
Priced at $245 for May exam!