The good news for a working-class San Francisco neighborhood is also bad news for some of its longtime residents. The district has become a hot real estate market where developers targeting younger, upper income earners are converting older buildings into upscale condominiums. The boom has boosted rents and led to the displacement of the poor in the largely Hispanic area.
Critics call it a yuppie invasion.
To make his point, Keating cites a local house where seven people once lived. Things changed when a new owner took over. His dad bought him this building and gave it to him, and then this guy kicked out all the people who lived there. The neighborhood tension has led to confrontation. Some pricey cars parked in the district have been scratched and had their tires slashed, and renovated property has been spray-painted with graffiti and had windows broken.