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LisaM

(29,665 posts)

2. No, the tech hubs, too

Reply to StarTrombone (Reply #1)

Fri Jun 3, 2016, 05:11 PM

Jun 2016

San Francisco and Seattle (and to a lesser extent, Portland) are becoming two-tier cities, with all the working-class people being pushed out so that tech companies can attract young workers to the increasingly-less-affordable downtowns.

People complain a lot about Wall Street and bankers, but a lot of wealth is being amassed by individuals in the tech industry (Gates, Bezos, Elon Musk, etc.) and I don't see anyone much boycotting Amazon (I do), or minimizing their tech devices.

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The Weeds: the economic recovery has been concentrated in big cities. That's a big problem. [View all] applegrove Jun 2016 OP

It's concentrated in 2 cities StarTrombone Jun 2016 #1

No, the tech hubs, too LisaM Jun 2016 #2

But much of that wealth ends up on Wall Street StarTrombone Jun 2016 #6

Wall Street, as known, is a corpse walking. AngryAmish Jun 2016 #14

Actually DC is home to some of the poorest. tonyt53 Jun 2016 #3

That's in the city StarTrombone Jun 2016 #5

The problem is NIMBYs that refuse any new development of Condos and apartments in the cities taught_me_patience Jun 2016 #4

No, the problem is that they build new housing and it's all for the luxury market. LisaM Jun 2016 #7

Would you build anything in Detroit? 1939 Jun 2016 #9

Not sure when the last time you were in Detroit was.... LisaM Jun 2016 #11

NIMBY isn't the problem, density isn't the solution Sen. Walter Sobchak Jun 2016 #8

I see this as a good thing in a lot of ways. Egnever Jun 2016 #10

There has been a demographic shift toward metropolitan living since the recession bhikkhu Jun 2016 #12

There is a shift to metropolitan living taught_me_patience Jun 2016 #13