Tip Sheets

Cornell faculty members and experts weigh in on current events.

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Metro housing costs create cascade of problems for middle class

April 14, 2017

Robert H. Frank, professor of economics and management at the Cornell SC Johnson College of Business and author of Falling Behind: How Rising Inequality Harms the Middle Class, says that as real estate prices in large metropolitan areas continue to soar, the middle class people who provide essential services – teachers, police and firefighters – cannot afford to live in the areas that they serve.

Cornell SC Johnson College of Business
Robert H. Frank