User:Kcanizal/sandbox

The third wave of gentrification is often due to a change in the economic culture and the status quo at a given time. Meaning that the next big thing that will attract wealth will dictate the change that we witness in a certain area or neighborhood. Often those who do not fit within the new changes will be forcefully displaced and left to fend for themselves, and often these are low-income residents who have resided in the neighborhood for decades. This is specifically what occurred in San Francisco during its third wave of gentrification, as it took a great interest in increasing the city's wealth and revenue by making the city more appealing to tourists and investors. The overall goal appears to be a hastily attempt to pursue the economic advancement of the city, while the displacement of original or low-income residents is left on the back-burner, which will be dealt with at a later time.

It is clear to see that there is a strong connection between the technological sphere and the city as opposed to the city and the people that they are meant to serve; existing/current residents. However, this does not mean that big tech is to blame, as in most cases the goal of gentrification is to increase the wealth of a city. Therefore, the city will make connections or changes with whoever has the most wealth at a given time, which in this case happened to be big tech companies as the hope was to increase both job opportunities and the economic well-being of San Fransisco.

However, LatinX families continued to be displaced despite all of the protesting and other efforts to keep them from having to leave.