City Space: How can cities hold onto the middle class?

Stress Test - A podcast by The Globe and Mail

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In this bonus episode, we're bringing you an episode of City Space, a podcast from The Globe about how to make our cities better. A generation ago, a middle-class income could buy you a detached home in a big city. Now? Folks are finding they need to set their sights further and further away from any downtown centre if they want to hold fast to that dream. But as populations and climate emergencies rise, experts tell us that urban densification is the necessary path forward. So what do cities have to do to retain the middle-class? And how, exactly, does the middle-class break their addiction to personal space and redefine “making it” when it comes to acquiring housing? In this episode, we hear from Jennifer Keesmaat, Toronto’s former Chief City Planner and founder of Markee Developments, on why she thinks rental units and high-quality public spaces will do the trick. Plus, Rollin Stanley, former General Manager of Planning for Calgary, details how governments all over the country should get imaginative with their heritage buildings. Finally, we ask Rob Carrick, Personal Finance Columnist at the Globe, about why he’s letting millennials off the hook when it comes to housing.