The Middle Class Can't Afford to Live in Cities Anymore
This article fails to mention that the middle class can't afford to live in the "nicest parts" of cities, but many cities have other areas as well. Take NYC for example. Sure, if you want to live in the Chelsea or West Village neighborhoods in Manhattan, it's going to cost you. But there are tons of available houses in Queens, Brooklyn, and the Bronx that are plenty affordable. The other day I saw a house for sale in a decent part of Queens for $240k - definitely affordable for middle class. Unfortunately, though, the most desirable areas of the densest part of the city is being reserved for poor and upper class, which I think is the point of the article.