Because white-collar jobs are demanding more of their employees, employees try to find housing near their offices to keep up with their jobs — and that means often, if unintentionally, displacing longtime, lower-income residents.
“Building new affordable housing in wealthy areas takes investment away from the downtrodden areas that most need it.”
Cincinnati Magazine has a story about the city of Wilmington, Ohio, which saw its unemployment rate skyrocket to 19 percent after the city’s biggest employer, DHL, left the city during the Great Recession. Wilmington went into crisis mode to get the city back into shape and persuaded DHL to donate the land and buildings back to the city. The city also convinced a lot of its young people to return to Wilmington after they finished college.