Prompt: Using either a structural framework or an individual/ecological framework (i.e. consumer sovereignty model), assess the causes and effects of gentrification in San Francisco. Be sure to emphasize the “rent gap” theory, revanchism, and the creative class theory.
Introductory Paragraph: The dotcom bubble in San Francisco at the turn of the century sparked a shift in economic composition that would resonate for nearly 20 years after. The supreme growth of the internet brought many tech companies into the Bay Area in search of local talent and the convenience of spatial concentration of technological minds. As high-income workers poured into San Francisco, their ability to pay higher rents coupled with increased land values caused property values and rent rates to skyrocket. Tech-boom induced consumers willing to spend exorbitant amounts of money to live in San Francisco caused rents to increase to the extent that many local residents were unable to keep up and were forced out. This gentrification of San Francisco has had positive and negative implications for the city that have spanned the many years since. Through the systematic use of policies that alienate poor, often minority local residents, corporations and large-scale real estate developers produced never-before-seen growth in San Francisco for those financially endowed enough to experience it. This concept of structural manipulation best explains San Francisco’s gentrification; where creating the impression of wealth and success at the expense of those considered by corporations to be poor and unsuccessful is the prevailing strategy.
Take the derivative of the following function with respect to x: y = 2x^4 - 10x^2 + 13t
d/dx = 8x^3 -20x + 13
Solve for x: 2(3x - 7) + 4 (3 x + 2) = 6 (5 x + 9 ) + 3
6x - 14 + 12x + 8 = 30x +54 + 3 ---> 18x -6 = 30x + 57 ---> -63 = 12x --->x = -63/12