Here’s A New Theory On Why Cities Are Gentrifying At A Dizzying Rate
by Shane Ferro
Imagine you start a new job. The pay is better, but the hours are longer. How do you cope?
If you live in the suburbs, the answer might be to take the extra money you are bringing in and move closer to work. The shorter commute nearly makes up for the extra time spent in the office, and you spend about the same time at home as you did before.
Now imagine this on a massive scale. Increasingly long hours for skilled workers are fueling gentrification in inner cities across America as the wealthy try to squeeze a little bit of leisure out of their high-stress, demanding work weeks. Read more here.