Top 10 Cities For Wealth

Joel Kotkin offers his perspective on the "New Geography of Wealth" -- where smart people are now concentrated.

1 minute read

January 3, 2002, 6:00 AM PST

"Traditionally, human intelligence tends to cluster in places where industry and commerce draw them... As developers and investors continue to search for the next high-tech "hot spots", perhaps they need to look first at what the most recent census data is saying about where "smart" people--those with college and advanced degrees--are now concentrated. This data may reveal more about the location of high-income commercial centers and residential neighborhoods, both today and tomorrow, than any other conventional data... Where does all this lead in terms of the future? Investors looking for new intelligence-driven "hot spots" might do well to look at several regions that have attracted younger, generally more educated people over the 1990s."

Thanks to Reis Cast Newsletter

FULL STORY: The New Geography of Wealth

Wednesday, January 2, 2002 in REIS

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