tag:blogger.com,1999:blog-2126278135079077800.post6041803848261976299..comments2024-03-20T03:12:00.925-04:00Comments on Matthew Rousu's Economics Blog: Misplaced outrage - London flat pricesMatthew Rousuhttp://www.blogger.com/profile/12878424704204006285noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2126278135079077800.post-25063184503429914062014-06-17T09:04:55.764-04:002014-06-17T09:04:55.764-04:00Breaking Apart is a great book. (Murray's new...Breaking Apart is a great book. (Murray's newest - Curmudgeon's Guide - is also great.) I also agree that the differences between the 20th percentile and the 80th percentile are more concerning than what's happening with the top 1%.Matthew Rousuhttps://www.blogger.com/profile/12878424704204006285noreply@blogger.comtag:blogger.com,1999:blog-2126278135079077800.post-24038675724522584702014-06-16T13:01:14.413-04:002014-06-16T13:01:14.413-04:00The housing situation in london reminds me of hong...The housing situation in london reminds me of hong kong. Housing prices have reached obsurd levels even more obsurd than the real estate bubble in the USA six or seven years ago. Its funny with real estate bubbles everyone of a certain class status seems to want to live in the most trendy areas chicagos inner city or certain places in new yourk city. We are witnessing a defacto Desegregation of sorts. Based on class education job status. Not a good trend. Check out charles murreys book breaking apart. Whenever theirs extreame concentration of wealth income job status it tends to corrupt the political system. Im not just talking about the top one percent here it might be the top twentieth percentile... Jameshttp://www.manhattancalumet.comnoreply@blogger.com