Expensive urban real estate equals decline of Chinatown

Here’s an interesting article on Philadelphia real estate, particularly Center City. Real estate is still going strong there, and this article shares some statistics in an effort to explain why.

Urban real estate in general has become so valuable that Chinese immigrants can often not afford to live in Chinatown anymore. This article looks mostly at Boston’s Chinatwon where there simply aren’t many options for low-income people.

Because urban real estate is so expensive, many families end uo in the susburbs and workers have to deal with a commute. This article talks a little bit about some areas around Philadelphia that are decent for commuting.

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