If you can dig a little wonkiness with your reading concerning economic inequality and divergent housing values in our country, this brief CityLab academic-type article would be just the thing for you. It is very interesting. I was a little surprised and disappointed that there seems to be no passing mention of race in the article. That fact does not detract from the purely abstract economic analysis presented but as an important social aspect of the issues being analyzed I would have appreciated some mention of the fact that people of color continue to land at the bottom of the wealth gap in the United States.

Having said all that, it is well worth reading this article if you are interested in housing and inequality in our country. Comment by Ted Wimpey of Thriving Communities, Fair Housing Project, CVOEO

A home for sale in the Pacific Heights neighborhood of San Francisco Phot by Robert Galbraith/Reuters

“A growing body of research suggests that inequality in the value of Americans’ homes is a major factor—perhaps the key factor—in the country’s economic divides.”

Read the full article from the CityLab Source: Economic Inequality Largely Boils Down to Housing Inequality – CityLab

Following is an excerpt:

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         “The rise in housing inequality brings us face to face with a central paradox of today’s increasingly urbanized form of capitalism. The clustering of talent, industry, investment, and other economic assets in small parts of cities and metropolitan areas is at once the main engine of economic growth and the biggest driver of inequality. The ability to buy and own housing, much more than income or any other source of wealth, is a significant factor in the growing divides between the economy’s winners and losers.”

Source: Economic Inequality Largely Boils Down to Housing Inequality – CityLab

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