When a Whole Foods grocery store moves into an urban neighborhood, catalyzing economic development and gentrification. Often, this means middle-class, âhipsterâ young adults moving in, pushing up rents and pushing out long-time residents.
Shana: âSince when have the rents in this neighborhood been so expensive? Who are all these artsy, vegetable-loving yuppies hanging around?â
Sean: âWell, you can blame it on the new Whole Foods store that opened last year - itâs the Whole Foods Effect. "
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