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HN
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From the cited paper [1]:> We show that income in the least wealthy decile (10%) scales close to linearly with city population, while income in the most wealthy decile scale with a significantly super...
show context + On: As cities grow in size, the poor 'get nothing at all': study
HN
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This is because regulatory restrictions inhibiting housing construction leads to housing shortages which prices out lower income workers:https://www.aeaweb.org/articles?id=10.1257/mac.20170388...
show context + On: As cities grow in size, the poor 'get nothing at all': study
HN
hacker news link | site us study
For reference, and to show how much it adds up, that area you commuted in has the longest average commute in the US[1]:> In the area with the longest average commute (New York-Newark-Jersey City), com...
show context + On: As cities grow in size, the poor 'get nothing at all': study
Average tenancy length is two years (https://www.residentrated.com/blog/2019/6/10/average-us-rent...). So you'll have more money on your hands if you drop your rents by one third rather than leave it...
show context + On: Rent control is keeping rents high in San Francisco
Not even close (case studies linked below). Their examples only look at individual projects from several cities, instead of whole cities. They convincingly show a few houses paying $252/year in proper...
show context + On: America's Growth Ponzi Scheme
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For those who want to see a more quantitative approach, that's totally fair. Joe Minicozzi with Urban3 is closely associated with Strong Towns and does some great studies with detailed numbers to back...
show context + On: America's Growth Ponzi Scheme
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