According to North­eastern Uni­ver­sity econ­o­mist Barry Blue­stone, author of the foun­da­tion report, incomes have remained stag­nant for home­owners, and fallen for renters. So even if prices stayed flat, housing afford­ability would be eroding. But prices for homes, con­do­miniums, and apart­ments have been climbing, grad­u­ally in some neigh­bor­hoods, pre­cip­i­tously in others.

The end result has been a city with rapidly growing pop­u­la­tions of both rich and poor res­i­dents, while middle-​​class fam­i­lies are vanishing.

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