There will never be a good time to be poor, or a bad time to be rich: the NYT has a sad report from Palo Alto, where soaring real estate prices are starting to squeeze out ordinary humans.

In Palo Alto, one of the hottest markets, the longtime owner of the Buena Vista Mobile Home Park has moved to sell the property to a developer planning to build a complex with amenities that include a pool, a spa, a business center, a chef’s demonstration kitchen and a pet grooming station. A local ordinance would guarantee the park’s 400 residents – more than a quarter of whom are children and 85 percent are Hispanic – some compensation and possible relocation within Palo Alto.

Some compensation and possible relocation.