Inequality

If taxed at an average rate, the buyer of One57's $100.5 million penthouse should have paid $1.3 million in property taxes. Instead, the property was assessed at $17,000. Here's why.
Jun 6, 2015   CityLab
A new study finds that economic inequality is a national problem, evidenced by the access of college educated residents to quality of life indicators in cities all over the country—not just San Francisco, New York, and Boston.
Jul 14, 2014   The Washington Post - Wonkblog
A writer points to surprising statistics about Brooklyn—mainly that much of the borough is growing poorer as real estate prices fall—to make a point about how the common gentrification narrative fails cities.
May 9, 2014   City Notes
The same minority groups hit hardest by the housing bust are benefiting least during recovery.
Mar 17, 2014   MetroTrends Blog
A new report by Brookings confirms that “big cities remain more unequal places by income than the rest of the country.” Where is the gap between wealth and poverty the greatest?
Feb 24, 2014   Brookings
Though the war on poverty launched by President Lyndon B. Johnson has improved the lives of low-income Americans in many ways, poverty remains a persistent problem. Republicans and Democrats disagree over the solutions to the enduring challenge.
Jan 6, 2014   The New York Times
In remarks delivered last week, Mayor-elect Bill de Blasio's choice as New York's deputy mayor for economic development and housing hinted at how the city plans to tackle affordable housing and neighborhood revitalization.
Dec 30, 2013   Crain's New York Business
While NYC's outgoing mayor looks to spread the gospel of his city-making success stories, the city's next mayor is already seeking allies from across the country to help solve some of the challenges overlooked by the current administration.
Dec 17, 2013   Bloomberg Politics
In a major economic speech delivered yesterday, President Obama called America's growing inequality and lack of upward mobility “the defining challenge of our time”. Though he may have diagnosed the disease, did he prescribe an effective cure?
Dec 5, 2013   The New York Times
California's inequality is usually described in geographic terms that distinguishes between the state's affluent coastal areas and impoverished inland areas. When considering the cost of living, a statewide poverty crisis comes into focus.
Dec 3, 2013   The Economist
Though he may not find a lot of agreement among the 750,000 residents who voted for Bill de Blasio, Ed Glaeser argues that New York City's extreme inequality is a sign of its economic diversity and success, and is nothing to be ashamed about.
Nov 12, 2013   New York Daily News