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But not all gays, that's the thing! The original post makes it sound like "all the cool rich smart gay people" and it's not, as shown; it's the well-off white gay guys (and then presumably the well-off Asian, etc. gay guys follow).
There's plenty of shit holes and dirty, run-down gay areas; think of the legendary Stonewall Inn (the original one, at least); started off as a speakeasy and was owned by the Mafia. Not salubrious or high-class at all; gentrification comes later.
The better-off gays make a neighbourhood fancy and gentrified and it becomes high cost of living, and the poorer ones move out to another run-down area, or never left the blue-collar neigbourhoods in the first place.
It seems to come down to "white people more likely"; now that identification as LGBT+ is more widespread, common, and accepted, a lot more younger people are identifying as some variety of queer, and being younger means being poorer, as does being BIPOC:
All the coffeeshop waitstaff may be making an area cool, but they're not making it rich. That comes later with waves of gentrification and as enclaves become more established, more identified as 'the gay neighbourhood' and therefore more desirable as the place to go and live when you're leaving your small town for that life where you can be out and proud. As these places become older, the population shifts to the better-off; it's the 7 percent of gays in academia who are making places 'richer', not the 15 percent working in bars and restaurants.
Another report from 2022 on the opposite claim that LGBT+ are poorer, not rich and cool:
The white, college-educated, PMC gays are the ones living in the high-property value areas of the expensive cities. The less educated, or non-white, gays may be living in the expensive cities, but not in the high-end areas. Working there, maybe, as a grocery store clerk or waitstaff in the café. But not being patrons of the opera or attending the Met Gala as the big bucks donors.
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