TAILIEUCHUNG - REVIVING THE CITY OF ASPIRATION: A study of the challenges facing New York City’s middle class

For example, by insulating our cavity walls we can cut heat loss in our homes by around a third. It is easily available, cheap and will save all of those homes money in the long run, as well as reducing their impact on climate change. Yet 11 million houses in the UK that could have cavity wall insulation have yet to install it. Other individual actions revolve around our choice of transport, the food we . | Ceirtery-pf. an nUXQan Future FEBRUARY 2009 REVIVING THE CITY OF ASPIRATION A study of the challenges facing New York City s middle class CONTENTS This report was written by Jonathan Bowles Joel Kotkin and David Giles. It was edited by David Jason Fischer and Tara Colton and designed by Damian Voerg. Mark Schill an associate with Praxis Strategy Group provided demographic and economic data analysis for this project. Additional research by Zina Klapper of as well as Roy Abir Ben Blackwood Nancy Campbell Pam Corbett Anne Gleason Katherine Hand Kyle Hatzes May Hui Farah Rahaman Qianqi Shen Linda Torricelli and Miguel Yanez-Barnuevo. This report was made possible by support from The Bodman Foundation and Wagner College New York City. The Center for an Urban Future is a project of City Futures Inc. General operating support for City Futures has been provided by Bernard F. and Alva B. Gim-bel Foundation The Citi Foundation Deutsche Bank The . Heron Foundation Fund for the City of New York Salesforce Foundation The Scherman Foundation Inc. and Unitarian Universalist Veatch Program at Shelter Rock. City Futures Board of Directors Andrew Reicher Chair Margaret Anadu Michael Connor Russell Dubner Ken Emerson David Lebenstein Gail O. Mellow Gifford Miller Lisette Nieves Ira Rubenstein John Siegal Stephen Sigmund Karen Trella Peter Williams and Mark Winston Griffith. Cover photo Adrian Kinloch PART I OVERVIEW AND HISTORY INTRODUCTION 3 WHO IS MIDDLE CLASS IN NEW YORK 9 A HISTORICAL OVERVIEW 11 PART II MIDDLE CLASS CHALLENGES WHY THEY CAN T MAKE IT HERE New York s exorbitant cost 14 of living is making the city out of reach CHILD CARE COSTS Many working parents spend thousands 18 on child care if they can find a slot THROUGH THE ROOF Over the past decade housing costs 19 skyrocketed in virtually every corner of the city NO TICKET TO RIDE There has been a steady erosion of 22 middle income jobs in New York NOT MAKING THE GRADE Inferior .

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