Matthew Spositi is an aspiring trader, Austrian Economic enthusiast, entrepreneur, and founder of New Millennium Wealth. My goal is to help individuals get out of the rat race and become financially free, by showing you every step of my journey, and by sharing all of the knowledge I have accumulated about trading, investing, markets, and economics over the past 5 years.
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Saturday Jan 16, 2021
Saturday Jan 16, 2021
Given that “redneck” and “hillbilly” remain the last acceptable stereotypes among polite society, it isn’t surprising that the stereotypical urban home of poor, recently rural whites remains an object of scorn.
The mere mention of a trailer park conjures images of criminals in wife-beaters, moldy mattresses thrown awry, and Confederate flags.
As with most social phenomena, there is a much more interesting reality behind this crass cliché. Trailer parks remain one of the last forms of housing in US cities provided by the market explicitly for low-income residents.
Better still, they offer a working example of traditional urban design elements and private governance.
This article was published at the Foundation for Economic Education, by Nolan Gray.
Article Link: https://fee.org/articles/hillbilly-urbanism/
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