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Froma Harrop: Wealthy foreigners stealing our cities

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Many American cities now enjoy an amazing reversal of fortune. Once hollowed-out shells mainly for those too poor to move — or those so rich they didn’t have to deal with the poor — cities are again filling up with educated and aspiring young people. They are flooding into Chicago, Philadelphia, New York and other places once given up for dead. The influx of newcomers with money has raised housing prices and property taxes for ...


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