It’s an Unequal Day in the Neighborhood
In a recent blog by Rolf Pendall, Director of Metropolitan Housing and Communities Policy Center at the Rockefeller Foundation, Mr. Pendall shares the findings of a 2010 study of wealth inequality and how it plays out in various neighborhoods and cities.
The main findings of the report is that inequality is getting worse, as people in the wealthier neighborhoods are making gains several magnitudes greater than their counterparts in the lower-income neighborhoods.
Will our cities begin to resemble those of the third world–fantastic wealth in gated mansions and cities on the hill shadowing extreme poverty in shanties? Values and policies can to turn it around, and we all have to seek the change in our own way.