YIMBY Action Retweeted Jed Kolko
Evidence of a housing shortage: prices are bid up as people compete over a limited resource. Wealthy people steadily displace lower income people in a horrifying one-for-one replacement. Solution: more housing of all kinds.https://twitter.com/JedKolko/status/1146054563520106496 …
YIMBY Action added,
Jed KolkoVerified account @JedKolko
The urban revival has meant that cities have gotten richer, whiter, younger, and better educated. The urban revival is a compositional shift, not a growth surge -- and shows up mostly in home prices & average wages, not population or employment growth.
http://jedkolko.com/2016/03/30/urban-revival-not-for-most-americans/ …
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8:42 AM - 2 Jul 2019
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