Spatial analysis of income and education over time in U.S cities provides further evidence for the “New Donut” theory of the city. Wealthier and more educated residents are more likely to move to the urban core or exurbs than to inner-ring suburbs.
Oct 7, 2014 University of Virginia Center for Public Service
The argument that increased supply of urban housing will lower prices is rapidly being disproved by successive waves of gentrification throughout American cities. Stephen Smith offers a considered analysis of the economics behind this dynamic.