This paper on US suburbs reminds me of this classic. When do rich people like density? When it means they can live close to their work, walk to fancy shops, go to the theatre, and be surrounded by rich people aka Europe. Can lead to multiple equilibria in preference for density. https://t.co/f2jzX3dc03 pic.twitter.com/WWZOYiUDNi
— Renaud Foucart (@RenaudFoucart) July 25, 2025
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