Gentrification of San Francisco

6th and Market, San Francisco

The gentrification of San Francisco has been an ongoing source of tension between renters and working people who live in the city as well as real estate interests. A result of this conflict has been an emerging antagonism between longtime working-class residents of the city and the influx of new tech workers. A major increase of gentrification in San Francisco has been attributed to the Dot-Com Boom in the 1990s, creating a strong demand for skilled tech workers from local startups and close by Silicon Valley businesses leading to rising standards of living.[1] As a result, a large influx of new workers in the internet and technology sector began to contribute to the gentrification of historically poor immigrant neighborhoods such as the Mission District.[2] During this time San Francisco began a transformation eventually culminating in it becoming the most expensive city to live in the United States.[3]

  1. ^ Schwarzer, Mitchell (2005-02-11). "San Francisco by the Numbers: Planning After the 2000 Census". San Francisco Planning and Urban Research Association. Archived from the original on 2005-02-11. Retrieved 2016-10-06.
  2. ^ Nieves, Evelyn (5 November 2000). "Mission District Fights Case of Dot-Com Fever". The New York Times.
  3. ^ "America's 20 most expensive cities for renters". Business Insider. Retrieved 2016-10-20.