Richard Florida's examination of a recent report by the Demand Institute highlights the geographic impact of the projected housing market and inequality.
"The ten percent of communities at the very top of the spectrum account for more than half (52 percent) of the nation's housing value – nearly $4.4 trillion in real estate assets. Despite the recession, these communities have experienced a 73 percent growth in housing value since 2000. Between 2000 and 2012, the group of cities in the top 10 percent also experienced 51 percent of the increase in income and 49 percent of the employment opportunities.
At the other end of the spectrum are the cities and towns where housing is worth far less and continues to be a far weaker investment. The bottom 40 percent of the report's sample accounted for a mere 8 percent of the total housing wealth. The bottom 40 percent of communities have seen just 9 percent of the increase in income and 9 percent of the growth in employment opportunities from 2000 to 2012."
You can read his entire post on the Atlantic Cities website here.