General Discussion
In reply to the discussion: With Soaring Rents and a Vanishing Middle Class, San Francisco Becomes a City for the Rich [View all]brooklynite
(96,882 posts)..and I'm not trying to offer a treatise, I'm laying out some basic points to a general audience. Cities are dynamic. You can complain about changes as much as you want but there isn't much you can do, policy-wise, to stop it. I live in an upper-class neighborhood in NYC that was a down at the heels working class neighborhood 75 years ago and was a middle class neighborhood 50 years before that. Affordable housing can be encouraged, and it can be built by the municipality, but neither strategy is going to address a significant share of the needs of lower income residents. and no amount of affordable housing is going to stop gentrification is going to save a working class neighborhood if there's enough demand for housing stock from people who can pay more (see: Harlem).