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Poverty Moving to the Suburbs

Poverty Moving to Suburbs

San Diego real estate Poverty Moving to the SuburbsThe number of people living below the federal poverty line ($23,492 for a family of four in 2012 ) today remains at record highs. But even so, a study by the Brookings institution shows that poverty is moving from the inner cities and rural areas to the suburbs. This is a significant shift compared to 2000 when the urban poor still outnumbered suburban residents living in property. Data shows that between 2020 12, the number of people living in distressed neighborhoods increased by 5 million. Read more »