Virginia Postrel Quotes
The mobile middle class gravitates to the cities where housing is affordable.
Postrel, Virginia. "A Tale of Two Town Houses." The Atlantic, Nov. 2007.
What his research has shown is that advanced degrees and advanced skills de not enable a person to earn more money in most areas of the nation as it did in 1970. Only in some areas called “means metros” can these skills produce an economic advantage for the worker. So educated and skilled people are abandoning many areas like Detroit or Cleveland for areas like New York City, Seattle or Austin—the means metros.
This is a common form of residential segregation on the basis of economics—a de facto approximate surrogate for race and ethnicity. It is legal under the laws of many states.
This was a serious problem in major cities in the 1930s but became much worse over time as the cities grew and real estate values escalated. In modern times the problem even spread to affluent suburbs where the police, fire fighters, teachers, and other civil servants can often not afford to live in the community that they serve.
He was the elected Mayor of London at the time.
Virginia Inman Postrel is an American political and cultural writer of broadly libertarian, or classical liberal, views. She is a recipient of the Bastiat Prize (2011).