3 ms·
> Are they really? An honest question Not an economist. But many of us perceive that in the US today the middle class is contracting. A few people from that c
by jimhefferon 7y ago
> Are they really? An honest question
Not an economist. But many of us perceive that in the US today the middle class is contracting. A few people from that class may migrate to the upper class-- good for them-- but probably the overwhelming majority of folks migrate downwards.
So if OP means that in a context where there is a lot of quite expensive real estate you would expect also to find a good number of people who are so marginalized that they are living in their cars or on the streets, then yes, they are linked.