Gold rush city
Associate Professor of History Philip Dreyfus explained the trend of young San Francisco entrepreneurs who live in closets and laundry rooms to save money while pursuing startup dreams for a Jan. 31 ABC 23 TV Bakersfield report. "During the Gold Rush, young men, even those from the better classes, thought nothing of coming to San Francisco and living in very uncomfortable positions, in bunkhouses and shanties. What we are seeing today rings similar," Dreyfus said. "In San Francisco, the booms are so remarkable and dramatic, the busts so extreme. We've gotten used to it. But it is unique. Nowhere else has anything like this."
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