Earlier this year, the Center for an Urban Future published an extensive report about the mounting challenges New York City faces in both retaining its middle class and elevating more low income residents into the ranks of the middle class. read more »
middle class
Bloomberg Endorses "City of Aspiration" Report Recommendations in New Middle Class Plan
by Jonathan Bowles 08/14/2009
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Income Inequality on the Rise
by Matthew Leiphon 10/21/2008
A new report released today by the Organization for Economic Co-operation and Development (OECD) says that income inequality between the rich and poor has grown in three quarters of OECD nations over the past twenty years. The report, "Growing Unequal?", states that the gap between the rich and middle class in the United States has also grown.
According to the OECD report, read more »
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Silicon Valley's Working Class Walks Tightrope
by Andy Sywak 08/28/2008
It may be home to Google, Cisco, Oracle and the other gleaming companies of the New Economy, but times are tough for the Silicon Valley's working class.
"Working people in Silicon Valley are walking an economic tightrope, and any unexpected medical bill or even a car breakdown can push them over the edge."
What happens to a community like this when the working class can no longer afford to live there?
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250 Square Feet Condos in San Francisco
by Andy Sywak 08/25/2008
In this famously expensive city, one developer has a plan: Build 250 square-feet condos for singles who can then move on up. The 98 units will sell from $279,000 to $330,000. read more »
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