Upzoned Is Life More Difficult for Younger Generations?
Jan 8, 2025
Kevin Klinkenberg, an urban designer and executive director of Midtown KC Now, dives into the challenges younger generations face in achieving a middle-class lifestyle. He examines rising housing costs, credential inflation, and the ongoing impact of public policy on affordability. The conversation highlights innovative solutions like shared living and accessory dwelling units, while reflecting on a shifting perspective of the American Dream. Klinkenberg also discusses the evolving landscape of higher education, emphasizing the need for adaptation in response to modern demands.
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Middle-Class Life Harder Today
- Middle-class life is objectively harder to attain now due to rising costs in housing and essentials.
- Professionalization and regulations have increased the expense and complexity of building homes.
Professionalization Increases Costs
- Professionalization of building trades increased home costs and complexity.
- DIY home construction is mostly not allowed anymore, raising prices through contractor profit margins.
Family Support and Multigenerational Living
- Help your kids financially if possible because barriers are higher today.
- Embrace multi-generational living to improve economic and social well-being.