Called the Starbucks effect, current and future housing prices tend to rise when a Starbucks moves into the neighborhood.…
Why You Should Care About the Name of Your Neighborhood
By branding neighborhoods with new names like DUMBO, SoHo and SoMa, real estate agents signal that gentrification is boosting prices and values.…
Weekly Roundup: From the Diner’s Dilemma to Lost Labor
This week’s economic news summary includes the diner’s dilemma and marginal analysis, property rights in outer space, the Phillip’s Curve and unemployment.…
Finding the New Brooklyns
With Brooklyn becoming a synonym for gentrification, we can call cities like Detroit a new Brooklyn when they attract artists and affect a poor population.…