Cities across the U.S. are suffering from dire housing crises. Housing supply is low, and prices are high — in some cities, sky high. And wages and income aren't keeping up. Many struggle to make rent, let alone save for a home.
So it’s no wonder that affordable housing programs often focus on getting people into homes — people need help now. But we also need long-term solutions that could help renters generate wealth they could pass on to their families and children. In other words, as essential as affordable housing is, it isn't enough on its own to close the wealth gap, which in the U.S. is particularly stark between Black and White Americans.
In the first episode of our new season of City of the Future, we talk to the founders of Esusu and Portland’s Community Investment Trust and explore new economic models that could help renters, particularly immigrants and new arrivals, become home or partial building owners — and have the opportunity to access multi-generational wealth as a result.
In this episode:
To see images and videos of topics discussed in this episode, read the link-rich transcript on our Sidewalk Talk Medium page at https://bit.ly/3DarHxB.
City of the Future is hosted by Eric Jaffe and Vanessa Quirk, and produced by Guglielmo Mattioli. Story editing by Rough Cut Collective and Benjamin Walker. Mix is by Andrew Callaway. Art is by Tim Kau. Our music is composed by Adaam James Levin-Areddy of Lost Amsterdam. Special thanks to Marc Norman, Abbey Wemimo, Samir Goel, John W. Haines, Yonas Kassie, Hawi Muleta, Sonya Damtew, Annie Koo, Alison Novak, Jesse Shapins, and Chrystal Dean.
An Update from Vanessa
Episode 20: The ”S” in ESG
Episode 19: Next-Gen Manufacturing
Episode 18: Innovation Ecosystems 2.0
Episode 17: Wealth Beyond Ownership
BONUS: Development 101
Flexible Streets
Factory-based Construction
Remote Work
Generative Design
Energy-Efficient Buildings
Trailer: City of the Future Season 3!
Introducing The Sidewalk Weekly!
Lend us your ears?
10: Responsive Architecture
9: Affordable electrification
8: Mobility on Demand
7: Stoa
6: Affordability by Design
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