1950s: Rebellious young people including veterans of WWII took up cheap residence in the San Francisco area, some playing bongos and jazz music, others writing poetry and fiction. The Beat Generation.
1965-1975 Hippies and Haight Ashbury.
Later: Lawrence Ferlinghetti, poet, publisher and founder of City Lights Bookstore decries the total gentrification of the S.F., with yuppies, hedge fund traders and millionaires taking over all real estate. In Ferlinghetti: A Rebirth of Wonder, 2009 dvd.
Now if the city sinks all the way down the old days could return.
Now we have "The Beaten Generation"
Regions "bank" in Tampa:
LOL I can remember when an “artist’s loft” in a warehouse meant the lowest low rent district. The spaces were lacking even basic amenities but you could fix ‘em as you liked, invite all your friends, paint purple polka dots, add & tear out walls, crank up the stereo all nite long & the landlord never came around.
Btw, Frank, see my tagline.