[kjshsh123]

That is exactly wrong. Real wealth is goods and services available.

You live way better than a king. Your expected lifespan is higher than kings because of access to better food, nutrition, and medical care. You have access to luxuries like chocolate, and coffee that kings might have tasted once in their life, or at best every few weeks.

Not understanding what wealth is, is precisely what leads to this mistaken thinking.

As for gentrification, it is often just confusing correlation and causation. People blame rich people moving in, when really a place just actually became better due to improvements in goods or services like public transit exapansion.