Tag #Socio-Economic Divide

How has Milan's recent economic growth impacted social equity and the affordability of living for its residents?

Milano, increasingly a city of millionaires, is becoming less affordable for average citizens." The concentration of wealth among high-income groups in finance, management, and legal professions is widening the gap with the rest of the population. High housing costs, including "20,000 euro per square meter" for homes and "2,000 euro per month" for apartments, are pushing many residents, including essential workers like nurses and tram drivers, to seek opportunities elsewhere.