Chapter 3: Arriving at the top of the Pyramid
….because it is constantly sending it’s educated second generation into more prosperous neighbourhoods and taking in waves of new villagers, in a constantly reiterated cycle of “arrival, upward mobility, and exodus” the neighbourhood itself appears poorer than it really is.
….”when the influx of disadvantage newcomers is growing or when the departure of upwardly mobile residents is increasing, the city’s average economic status will decline over time. This leads to an odd paradox. The downward trend for the place is the opposite indicator of the upward trend enjoyed by the residents themselves…