But apparently you don't need dot-com wealth to ruin an area for its low-income residents. The Pioneer Press quotes Secretary of HUD Andrew Cuomo ruing the "cruel irony" that prosperity is shrinking the stock of affordable housing nationwide: "The stronger the economy, the stronger the upward pressure on rents.
Barbara Ehrenreich, Nickel and Dimed: On (Not) Getting By in America
barbara-ehrenreich, gentrification, nickel-and-dimed, poverty, rent