Inequality and the City
The New York Times
November 29, 2015
In this article Krugman touches on the topic of inequality in New York and how the land use restrictions along with the rising demand for urban living is affecting the other most of New York's population. Krugman explains that the top 10%, the elite, are taking over the housing in the heart of the city; this is driving out the other 90% of the population forcing them to sprawl out into the outskirts of the city. According to Krugman, this is a problem that can be fixed because, thankfully, local governments have a lot of influence and can increase the supply of housing in the core of the city. Krugman comes at this topic with a logical approach; he uses examples from outsourced texts and shows us what New York used to look like back in the day.
Hey Cole,
ReplyDeleteI always hear about how difficult it is to find a decent apartment in the city, but I never really thought about it as a serious issue as this article explains. I always just thought it was more of an inconvenience for people, but Krugman made me realize that the lack of living space causes real problems for people.
Chanler
Hey Cole,
ReplyDeleteKrugman is explaining a problem. He uses lots of logos in his article and includes some ethos. I think he is trying to spread awareness about this issue to prompt action by writing this. It is very informative.
Alex
I wonder if this applies to most cities in the United States, or just New York? Also why do you think that he chose this city specifically if it is?
ReplyDelete