3 ms·
>return of a strong middle class in cities Where are these cities where a strong middle class has returned? Surely not in SF, where one of the area's highest
by jnbiche 12y ago
>return of a strong middle class in cities
Where are these cities where a strong middle class has returned? Surely not in SF, where one of the area's highest paid professions (software engineer) cannot afford family housing? Certainly not elsewhere in California, where incomes among middle class Californian households fell by nearly 7% between 2009 and 2013, while income among the state’s top 20% earners grew by 1.3% [1].
Certainly not small cities in the Midwest or South. Having traveled through those extensively the past few years, I can assure you there is no middle class returning to those cities. Quite the opposite.
I'm not one of those who gloats about SV "privilege" and scolds people for making the money they deserve to get paid, but the extent to which the typical educated SVer is getting out of touch with the economic reality of this country does have me concerned.
If software really is eating the world, and the industry's best and brightest are blithely unaware of the dire condition of the country's middle class, then we are good and truly fucked.
1. http://www.huffingtonpost.com/2015/01/24/states-middle-class_n_6538148.html http://www.huffingtonpost.com/2015/01/24/states-middle-class... (not usually one to cite the Huffington Post, but this article clearly outlines the data sources and methods at the bottom, and they seem solid)
- graeme 12y agoI think they meant the return of the middle class to city centres. That doesn't mean there's more middle class people in a metro area, just that they now live downtown rather than spread out in suburbs. Basically, anywhere with gentrification. The unaffordability of housing in city centers is a sign it's now "in" to live there. Businesses follow. I do agree with you about how out of touch people on here are about North American economic reality.
- rayiner 12y ago> Where are these cities where a strong middle class has returned? When I was growing up in the suburbs of DC, not only would nobody middle class ever live there, you'd only ever go there to visit the monuments. Now, large swaths of the city are being redeveloped into areas for people who can afford to patronize mom & pop establishments.
- harryh 12y agoI'm from Greenville, SC (a small city in the South) and it is BOOMING. Population has grown by a third or so in the last 10 years. There are new residential and commercial developments everywhere.