Is The Dot-com Backlash As Bad As Sprawl?

A signficant dot-com backlash is on the rise in high-tech hot spots from Seattle to Austin, Texas, to Chicago. Could this be the new urban sprawl?

Read Time: 1 minute

October 18, 2000, 10:00 AM PDT

By Laura Kraft

The technology industry, which has helped fuel a robust U.S. economy in the past decade, has triggered a construction-and-renovation boom. "But it has also ushered in a wave of gentrification. Rising rent and escalating "e-victions" are driving out lower- and middle-income families, artists, non-profit groups and small businesses. And while planners, politicians and developers herald the shimmering new economy as a golden opportunity to upgrade cities, many longtime residents are outraged or resigned."

Thanks to Laura Krafft

Wednesday, October 18, 2000 in USA Today


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