Richard Florida has a post about a new article by Harvard economist Ed Glaeser that “the income elasticity of demand for land is too low for urban poverty to come from wealthy individuals’ wanting to live where land is cheap (the traditional explanation of urban poverty)… The urbanization of poverty comes mainly from better access to public transportation in central cities.” I’ll need to take some time to try to understand the math; meanwhile, maybe Ryan Avent can help.

David Alpert created Greater Greater Washington in 2008 and was its executive director until 2020. He formerly worked in tech and has lived in the Boston, San Francisco Bay, and New York metro areas in addition to Washington, DC. He lives with his wife and two children in Dupont Circle.