San Francisco today has the second-highest median income in the United States, but, even using that peg, middle-income San Franciscans can afford less than a sixth of the homes available in town. Every city on the up-and-up must contend with a gap between rich and poor. Yet few have also, like San Francisco, managed to immiserate a relatively well-heeled middle class. — the New Yorker
San Francisco is practically the reductio ad absurdum of gentrification: It’s already land limited on three sides by water, and the massive rise of the tech industry over the last few decades has dramatically increased both the population of the area and its wealth. [...]
But the blame shouldn’t go to the tech companies or their employees moving to San Francisco, however despicable some might be. Blame San Francisco for being pleasant, and its policymakers for being foolish — Quartz
The tech sector is, increasingly, embracing the language of urban planning — town hall, public square, civic hackathons, community engagement. So why are tech companies such bad urbanists? — nytimes.com
SUBMIT NEWS: submit in 60 seconds!