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The issue is that most urbanites like rich people, like poor people, but hate middle income people. There are a few cultural reasons for this. The result is th
by wmil 10y ago
The issue is that most urbanites like rich people, like poor people, but hate middle income people.
There are a few cultural reasons for this. The result is that new construction is inevitably high end, with some units set aside for low income, or public housing.
Middle income people aren't seen as deserving to live downtown.
- mrec 10y ago> Middle income people aren't seen as deserving to live downtown. I don't think we have to assume that. Might just be that rich people need poor people in close physical proximity (as nannies, cleaners, dog-walkers, gardeners etc) but don't have any corresponding need for middle-income people.
- eridius 10y agoToday's luxury housing is tomorrow's middle class housing (and eventually becomes affordable housing).