Urban neighborhoods can appear either stubbornly resistant to change, or prone to sudden, cataclysmic change. One reason is that we’re all constantly adjusting our behavior based on what we think everyone else believes the future holds.
Read MoreWe don’t form our opinions about beauty, the value of a dollar, or the value of a house or neighborhood, in a vacuum—we come up with those beliefs based on a long chain of assumptions about what we think other people think.
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