Richard Florida on MSNBC’s The Dylan Ratigan show discussing the housing market’s impact on social mobility and the dismal numbers that hang over the state of Florida when it comes to unemployment, poverty and foreclosures.
Richard Florida is back with a good piece in the New Republic titled Roadmap to a High Speed Recovery. There, Florida opines that America needs to stop subsidizing what he calls the “auto-housing-suburban complex.”
Richard Florida says owning a home may actually be a drawback given the economic flexibility required to power long-lasting recovery. He and his colleagues tracked homeownership levels across U.S. cities and regions to see how they correlate to other measurable demographic and economic factors.
Individuals and the country would be better off if we had fewer home owners and more renters, Richard Florida writes in the Wall Street Journal.
Since 2007, Americans have suffered through the worst economic conditions since the Great Depression. Florida is among a growing number of researchers who think that these are signs that the United States is becoming a nation of renters, and that the shift could be good for our pocketbooks, the economy and even our happiness.
Why are Americans becoming less nomadic? Greater labor mobility helps the economy, but are there other kinds of effects — negative or positive — related to a more rooted population? Is there an upside to more Americans staying closer to their hometowns?
Richard Florida and Charlotta Mellander argue that artists, bohemians and gays affect housing values through two kinds of mechanisms: an aesthetic-amenity premium; and a tolerance or open culture premium.
This report authored by Richard Florida and Charlotta Mellander examines the effects these populations have on increasing housing values in the neighborhoods and communities they inhabit.
According to the cover story in the March edition of The Atlantic, renting benefits the economy. The article, written by Richard Florida, says that renters aren’t tied down to one location, so they’re freer to move from town to town as emerging industries and new jobs dictate. The also don’t have the long-term burden of a mortgage.
The purpose of policy is to produce certain results, but, frequently, once in place, changes in policies are resisted even when conditions require them. Take two examples that have become more obvious in recent days, one with respect to health care, another to housing and home ownership.
In The Atlantic, economist Richard Florida takes a long view of the world economy. He says that long depressions are opportunities for the economy to reset itself. During these hard times, large numbers of people change their economic lives, taking the country into a new economic era.
Lately some have been advocating that the government stop subsidizing home ownership, arguing that it locks people to a place, and when the economy goes sour people need the flexibility to go where the jobs are.
Richard Florida, in The Atlantic Monthly article argues that the key to recovery from the housing bubble and financial crash is to remove homeownership “from its long-privileged place at the center of the U.S. economy.”
Marshall Feldman and Richard Florida, Book Chapter in Government and Housing: Developments in Seven Countries. Urban Affairs Annual Reviews no. 36 by Willem van Vliet and Jan van Weesep (editors) – 1990