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Comedy of the New Gilded Age

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Distressing that this joke actually resonates:

According to Kennedy, one of the most pressing concerns associated with rapid aristocratization is the drastic transformation of the metropolitan landscape in a way that fails to maximize livable space.

A three-block section of [Chicago neighborhood] Wicker Park that once accommodated eight families, two vintage clothing stores, a French cleaners, and a gourmet bakery has been completely razed to make way for a private livery stable and carriage house,” Kennedy said. “The space is now entirely unusable for affordable upper-income condominium housing. No one can live there except for the odd stable boy or footman who gets permission to sleep in the hayloft.”

Many of those affected by the ostentatious reshaping of their once purely upmarket neighborhoods said that they often wish for a return back to the privileged communities they helped to overdevelop just a few years ago. Among the first to feel the effects of the encroaching aristocracy have been local business owners like Fort Greene, Brooklyn resident Neil Getz.

“Around here, you used to be able to get a Fair-Trade latte and a chocolate-chip croissant for only eight bucks,” said Getz, who is planning to move back in with his parents after being forced out of the lease on his organic grocery store by a harpsichord purveyor. “Now it’s all tearooms and private salon gatherings catered with champagne and suckling pig. Who can afford that?”

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