State-Level Income Convergence & Housing Prices

Fascinating study from Harvard's Kennedy School of Government on the link between inequality, state-level income convergence and housing prices.

Interesting Graphics

http://www.people.fas.harvard.edu/~ganong/motion.html

Related article:

http://www.bloomberg.com/news/2012-07-19/how-the-elites-built-america-s-economic-wall.html