Been looking at Ackman and Stuyvesant Town when I noticed that majority of the (sic) "poorer" areas of town (rental yields, property value, sqfootage etc) are located in the East...
Nairobi - Eastlands
London - East London
New York - e.g the bronx
Is this by
1. innocent accident
2. result of urban planning & zoning
3. Sample too narrow?
Would this inform a decision on land speculation?