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D. higher real interest rates and higher real income.
C. higher real interest rates and lower prices.
One of those things: higher real estate prices.
Leafy blocks mean higher real estate prices and can draw shoppers to commercial areas.
Higher real interest rates (which discourage business investment) are associated with lower economic growth.
Substantially tighter monetary policy, by contrast, generates proportionately higher real economic costs.
Return to more progressive tax rates and higher real corporate taxes.
When inflation was higher, real house prices could fall even if nominal prices did not.
But more than pricing out pioneering gays, the higher real estate prices are squeezing out lower-income residents.
It's a caffeinated spin on the old chicken-and-egg question: which came first: Starbucks or higher real estate prices?
"Starbucks has strategically selected locations based on prime areas which also come with higher real estate prices".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com