I guess I don't get your argument. Not being displaced by an economic bubble is a now a sense of entitlement?
Based on your experience you described, you weren't displaced.
If you feel entitled to not be displaced - then yes, that's a sense of entitlement.
I was amazed by the people who felt entitled to a lower cost of living - all while blaming IT workers for gentrifying their beautiful oasis. I would have thought they lived in SF their whole life to feel that level of angst. More like a couple years. Intermittently. While their parents pay for their art degree.
That's very tautological of you, but I'm guessing English isn't your first language.
A sense of entitlement is an English idiom for "having too high of expectations", and typically associated with narcissism. Expecting to not be displaced from your home after 20 years is not a sense of entitlement or narcissistic.
Disclosure. I tried living in SF. The cost of living was too high. I left. Problem solved. Ta da, no bitching required