The numbers don’t lie. The median monthly rent in San Francisco has jumped 27% since 2011 — from $2726 to $3475. No-fault evictions have doubled from 2012 to 2013. Working-class residents who have lived in the city for years, even decades, have effectively been forced out. The finger is being pointed squarely at the tech industry.
The recent protests against Google buses — private shuttles that ferry tech workers to and from Silicon Valley — have been the latest manifestation of this ire.
More Must-Reads From TIME
- Donald Trump Was Just Indicted. Here's What to Know About the Charges and the Case
- What Could Happen Next for Donald Trump
- Trump's Indictment Drama Showcased His Rivals' Weakness
- Inside Ukraine's Push to Try Putin For War Crimes
- Bad Bunny's Next Move
- Elon Musk Signs Open Letter Urging AI Labs to Pump the Brakes
- Eliezer Yudkowsky: Pausing AI Developments Isn't Enough. We Need to Shut it All Down
- 'How Is This Still Happening?' A Survivor Questions America's Gun Violence Problem
- Cheryl Strayed Will Always Be Here for You
- Who Should Be on the 2023 TIME100? Vote Now
