Re:Goodbye, New York, California and Illinois – Hello where?
by jimhefferon on Friday January 17, 2020 @04:20PM
(#22079462)
> 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.
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.