Erdmann Housing Tracker β’ 295 implied HN points β’ 17 Dec 24
- Cities that are expensive to live in often push out lower-income residents. This leads to a loss of diversity and change in community dynamics.
- The income levels in these cities can be misleading. Much of the high income averages come from the remaining, more affluent residents after the poorer ones leave.
- Simply being a popular or thriving city doesn't guarantee economic excellence. Many such cities suffer from issues that make them less appealing for all residents.