Plenty of that in Silicon Valley too. Being displaced by rich assholes who came for the money or some fad and will bail on the place just as quickly, leaving the area worse than they found it isn’t likely to make (educated, liberal) rich assholes many friends amongst those with roots or more vested long term interests. We live in a world of replacement and our communities should not be treated as another disposable product to be enjoyed and then discarded for whatever new shiny thing comes along. California, Austin, etc are selecting for people who take more than they give. Their growth removes community and disrupts lives, perhaps a fair price to pay for progress, but is it really progress?