This problem seems to arise due to the implicit power that money carries, especially when it hits communities in the US that have their own culture and have eschewed using money as a proxy for power (maybe it was lower income inequality in earlier decades). Whereas NYC has always been about money=power=lifestyle, that was never the case for many communities, and it's being thrust on a lot of people who never subscribed to that, who live in places where they want to do their own thing in a low key way without worrying about construction or ever increasing prices. I can sympathize with their unhappiness, and I feel that way about Denver when I visit the area where I grew up. I also have a lot of relatives in Austin and hearing about how it went from a fun small town to a place clogged by traffic with spiraling housing prices, but is still the only simulacra of "home" to them, does indeed sound unappealing.
Edit: rereading my comment, it doesn't quite articulate my point, which is that people who want to be outside of this big noisy money grabbing game, and just get to be people, are justifiably unhappy about market determined culture interfering with their lives.