Wednesday, August 14, 2013

San Francisco split by Silicon Valley's wealth

Yup.  That's what happens in cities run by leftists.  What happened to that "lving wage"?
Fueling the growing rift is a common belief that the vast wealth being amassed by the tech industry is not spilling over into the community.

Instead, activists say, the high-tech invasion is driving up the cost of living to levels that more San Franciscans cannot afford.

They say that a dramatic increase in rent, housing prices and evictions has sharpened income inequality and squeezed out more middle-class families, small businesses, artists and intellectuals, the people who gave San Francisco its rich and diverse cultural appeal.

Ground zero for this growing array of grievances is the Mission District, a historically working-class Latino neighborhood where Victorian flats and newer lofts have been overrun by techies.
This article oozes disdain for those that have money.  The article makes it seem like that money just isn't "trickling down" to the poor masses.  Which is just the biggest load of horseshit I have ever heard.

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