Big city problems like congestion, crime and housing affordability hog the headlines. But our urban giants have another chronic challenge that gets less attention – the gap between haves and the have-nots.of hundreds of cities in wealthy countries by the Organisation for Economic Cooperation and Development found income inequality was above the national average in almost every urban area with a population of more than half a million. Large cities were, on average, more unequal than small ones.
There is a striking spatial dimension to income inequality in big cities because rich and poor people tend to live separated in different neighbourhoods. The top 1 per cent in Sydney earn a greater proportion of the city's income than the top 1 per cent nationally earn of national income.In all the Australian cities in the OECD study the average income in the highest paid neighbourhood was always more than five times the lowest paid. It identified only three other countries with such a high ratio – Mexico, Japan and France.
MattWadeSMH Because the system is rigged in the rich’s favour and we keep voting in their gophers.
MattWadeSMH Um .. is that because they're rich? 🤔 I may have missed something by not reading the article, but, jeeze Louise.
MattWadeSMH
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