This has been happening for hundreds of years. Part of being a responsible adult is managing your finances and being prepared. It is crazy to me that so much attention these days is basically advocating for the babysitting of adults.
It is not as if this will happen overnight, either. If we allow people to stay in subsidized housing we remove the biggest carrot for self-motivation.
What are the effects on a kid’s development if they have to change schools and friend groups because their family is displaced due to rising rent? What if people have to move away from family because they can’t afford to stay? How does it impact businesses if their long term employees are suddenly moving away?
Rapidly removing people from communities causes damage to the social fabric of a community, it’s not just about economic effects.
The only ones benefitting are overpaid tech workers supplanting people that do actual tangible work that makes the city tick.
Funny that a tech worker posting on the HN playground is addressing people who deal with real life struggles (raising a family, making increasing rent) how to be a "responsible adult."
Approaching gentrification as some sort of just-world force of nature, and those thrown up in the turmoil of it as willing-by-way-of-neglect, is backwards.