John McCarron misses much with his recent youthification article

Terry Blue
  Syndicated columnist John McCarron wrote an article about the youthification and the tale of two cities urban areas seem to be witnessing. Young elites and strivers head out of their backwater rural areas into a corporate culture promoting diversity and youth. at the other end of the spectrum is a ghetto culture unwilling to submit unless it is to a powerful drug gang culture, McCarron noticed that Chicago's back -to-the-city movement is mainly to young educated whites who have the extra incomes and walkable community never to worry about DUIs.  McCarron ignores though much of this youth movement in Chicago and other major cities with heavy investment is made up of foreigners from Asia and Europe. McCarron noticed the demographic trends in Chicago as the city lost residents overall especially minorities moving to the suburbs younger whites with money and stable jobs moved in and their mere presence caused a property boom in places like Bucktown,Wriglyville, and Wicker park. What also is driving the back to elite neighborhood and city movement is uncomfortableness with changing demographics and immigration into areas outside of these "creative centers' as Richard florida calls these neighborhoods. These are neighborhoods with cool bars and houses with bars and backyard patios something you will never find in Schaumburg or any other cookie cutter suburb in America.This is basically the strategy of White movers and shakers increasing wealth for themselves while pushing to cut state spending and costs in other parts of the state they are abandoning. All these chic eateries, brewpubs, trendsetting stores and business follow while Chicago's black and poor West and south sides invest in potsmoking and beat downing. The fact that large companies would prefer to hire these people and set up shop in Chicago as opposed to other parts of the city and state should come as no surprise The Emanuel administration hasn't tapped into this real estate boom and found a way to tax appropriately these high end investors pushing the poor and elderly out of the city and putting more demands on resources in areas which they are already limited. These areas are sure to fall behind and fail as they become truck areas and little business opportunities outside of the dollar stores, Dunkin Donuts, and Quicken loan stores.  McCarron also says nothing about having an economy that relies so heavily on an educated workforce and thus catering to young "digitals" with their bike lanes while the rest of the masses have outdated skills unavailable to take part of the new economy thus intensifying the inequality and two city narratives.