Attract members of the "creative class" to a city and they will create jobs and spur urban renewal. But that idea, championed by noted urbanologist Richard Florida, has a double-edged downside:...
========== but first a double-edged sword of urban
revival even if some cities are becomingever more popular and desirable they're
also becoming places where the middleclass and lower-income residents are
getting priced out of the marketeconomics correspondent Paul Solman has
the story it's part of his weekly seriesmaking senselooking down on Manhattan's old
meatpacking district the High Line amecca for more than 7 million eager
tourists a year astride a once derelictspur of the New York Central this was an
old broken-down abandoned rail lineelevated rail line a rail line shrouding
the buildings beneath as a result rentswere cheap in the cutting edge
marginalized moved in much of this areaof Chelsea was historically a gay
neighborhood and they were gay ...
