[riverdawg]

The fact that “poor” people are now living in neighborhoods that 40 years ago were “middle class” is a sign of rising living standards, not necessarily rising inequality.

[KantianBurke]

“The fact that “poor” people are now living in neighborhoods that 40 years ago were “middle class” is a sign of rising living standards, not necessarily rising inequality.”

I disagree. There have been numerous posts regarding this very issue. Its because property values have fallen so low and so many have walked away from their mortgages that banks are renting them out at low prices. Enter the section 8 / subsidized housing hordes who in turn sully the neighborhoods and lower housing prices that much more.

[dragnet2]

The fact that “poor” people are now living in neighborhoods that 40 years ago were “middle class” is a sign of rising living standards

America's standard of living is really improving!

You betcha!

((wow))