American Economic Juornal

  • Housing Relocation in Developing Countries: Opportunity or Isolation?

    Housing Relocation in Developing Countries: Opportunity or Isolation?

    Over the course of the last two decades, there has been a significant trend toward urbanization worldwide as the promise of jobs and wealth has driven many people to relocate. A record 54 percent of the world’s population now lives in urban areas, with the largest increases occurring in developing…