eli5: Why do large cities always have a lot of very rich people and very poor people?

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eli5: Why do large cities always have a lot of very rich people and very poor people?

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Anonymous 0 Comments

On a more superficial level: Cities can be a good place to be either rich or poor due to the breadth of resources available (jobs, community support, public transport so you don’t need a car, density of rental housing when you can’t afford to buy for the poor; investment opportunities, cultural and business opportunities, fellow rich people for the rich).

On a deeper level: The rich people need the poor people to work for them so they can stay rich and the poor can stay poor.

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