Tech Innovation In Key Markets Can Exacerbate The Gap Between The Rich And The Poor
Bisnow – National Commercial Real Estate News
A recent study has uncovered a correlation between a market's tech innovation and high levels of inequality between the wealthy and the poor in cities across the country. The trend, called "innovation intensity," is most prominent in cities like San Francisco where peopled filed double the number of patents in 2010 that they did in 1990. Prior to this point, the city had been largely middle-class. But as innovation grew, so did economic segregation, Fast Company reports. Research …