The rising cost of housing in America’s most desirable “creative” cities troubles Richard Florida, urbanist thinker and author. In those cities, the cost of housing is affordable only to the creative class themselves. The rest of the working population — those in service industry or manufacturing — struggle to keep up with rising housing prices.
n July 2017, in response to a formal request from the North Rosedale Residents’ Association, the city of Toronto placed two new stop signs at the intersections of Glen Road and Roxborough Drive and Glen Road and Binscarth Road. A month after the signs were installed, the residents’ association requested that they be taken down.
More than any other global city, London defines the New Urban Crisis. Here are three pillars of a new agenda for more inclusive prosperity.
Today, more than six million Canadians — 40 per cent of Canada’s workers — toil in low-paying routine service jobs, preparing and serving our food, waiting on us in stores and retail shops, doing office work, and providing a wide range of personal and health care service, from cutting our hair and giving us massages, to taking care of our kids and aging parents.
Today, more than six million Canadians — 40 per cent of Canada’s workers — toil in low-paying routine service jobs, preparing and serving our food, waiting on us in stores and retail shops, doing office work, and providing a wide range of personal and health care service, from cutting our hair and giving us massages, to taking care of our kids and aging parents.
Last June, Aetna announced that it was moving its headquarters from Hartford, Conn., where it has been located since 1853, to the Meatpacking District in New York City. New York, Aetna’s CEO Mark Bertolini told The New York Times, offers “the ecosystem of having people in the knowledge economy, working in a town they want to be living in, and we want to attract those folks, and we want to have them on our team. It’s very hard to recruit people like that to Hartford.”
Richard Florida is an academic, author, and leading voice on all things urban studies. His Rise of the Creative Class, first published in 2002, predicted a resurgence in city centers due to a new class of creative “knowledge workers.” His insights helped to catalyze scores of major city redevelopment efforts. Hailed as a far-reaching seer for predicting the tech and arts-driven boom in American cities, Florida’s work has recently been called into question for the unexpected consequences of urban renewal, in particular gentrification and its attendant income inequality, which has pushed lower income and diverse populations from cities throughout the United States.
The revival of great urban centres including New York, Los Angeles and London has caused unprecedented inequality and has led to the populism of Donald Trump, according to Richard Florida.
“I think this is the central crisis of capitalism,” Florida said in a video interview last week.
There is little doubt that the Greater Houston area will rebound and rebuild after Harvey. This has long been one of the world’s fastest-growing and most vibrant regions, with a population fast approaching 7 million and projected to pass 11 million by 2050. With an economic output of nearly $500 billion, Houston’s economy would place it among the 25 wealthiest nations in the world. It’s a center of high-tech energy production and medical research.
NEW YORK — In his 2002 book “The Rise of the Creative Class,” Richard Florida argued that in order to save themselves from post-industrial ruin, cities needed to attract the best young talent in computer programming, finance, media and the arts. Some cities followed his prescription and made themselves more vibrant by creating more walkable, pedestrian-friendly streets, caf and restaurant areas that acted as lively gathering places, refurbished parks, and art and music scenes. Those cities became magnets for what Florida called the “creative class,” but the consequences as Florida soon discovered were complex and not all of them worth cheering.
