Inequality in Boston: An urban crossroads
WGBH - 06/02/2014
Barry Bluestone is director of the Dukakis Center for Urban and Regional Policy at Northeastern University:
“It’s not just a symbol; the luxury high rises. What is happening in Boston, almost more than any other city with maybe the exception of San Francisco and New York, is that housing is becoming the kind of determining factor in the polarizing of the city,” Bluestone said.
Bluestone, a political economist , is the author of the The Great U-turn, which examines income inequality.
“You have wealthy people, many of them empty-nesters who were able to sell a big home in the suburbs who made money in financial services or in high-tech or whatever and saying ‘I’d like to live downtown’ and they’re able to buy $5 million condos,” Bluestone said. “You also have some poorer people in the city who are able to be in public housing or they get Section 8 vouchers. What we’re losing is the whole workforce, the middle income and working income families.”