Part 1: The Rise of the Creative Class® : How will the housing market meet the future demands of an intensive knowledge based economy?

Part 1: The creative class housing and living environment preferences

With all the global restructuring going on, so far, we have heard a lot about the research on the creative class and how cities can attract more creative residents based on employment opportunities. According to the social economist Richard Florida's book, "The Rise of the Creative Class", Florida says

"A fast-growing, highly educated, and well-paid segment of the work force on whose efforts corporate profits and economic growth increasingly depend. Members of the creative class do a wide variety of work in a wide variety of industries- from technology to entertainment, journalism to finance, high-end manufacturing to the arts."

Diverse cities welcome  people in other creative occupations to compete in today's knowledge based economy. These are individuals who look for openness in lifestyle and cultural diversity, mixed-use neighborhoods, street oriented culture, seek communities where there is always something to do at different times of the day . Those environments, as Richard Florida presented, are  primarily in the core neighborhoods in big cities.

Goto Part 2: What kind of homes will creative professionals look for?

Related Links:

Creative Class® - The source on how we live, work and play.

All About Cities

Reading:

The Rise of the Creative Class by Richard Florida

Creativity and the City. How the Creative Economy is Changing the City

The Death and Life of Great American Cities by Jane Jacob