The Slum in Gangnam, the Richest Part of Seoul - The New York Times

kept by eddie mar 29

Hundreds defy eviction in a Gangnam shantytown as Seoul pushes redevelopment, residents fight for a right to own homes in one of the world's most expensive districts.

The Dream of a Florida Retirement Is Fading for the Middle Class - WSJ
Florida's rising costs of living are pushing out middle-class retirees and attracting wealthy ones, reshaping the state's identity as an affordable retirement haven.
also on #inequality, #housing-market, #real-estate, #economy
In San Francisco, Even $180,000 Tech Salaries Are No Longer Enough
Even $180,000 tech salaries in San Francisco are insufficient as AI companies like OpenAI and Anthropic drive up costs, widening inequality and forcing workers to reconsider staying.
also on #inequality, #housing-market, #city-life, #economy