Yes this article is REALLY REALLY pretentious, but it does sound like a problem in the SR world. It also sounds like a tactic that is purposely engineered by the corps.
Tech overkill destroyed the loveliest, liveliest city on the West Coast
Sounds like the usual pattern, seen in many other places, coming to places like Detroit now, according to other articles.
Artists and similar settle in cheap places when young, clustering together, as they become successful living near there becomes fashionable, and land prices go up.
Eventually only people with good steady incomes can move in, and the artists go elsewhere.