City of the Future - Episode 16: From Owing to Owning

Cities across the U.S. are suffering from dire housing crises. Housing supply is low, and prices are high — in some cities, sky high. And wages and income aren't keeping up. Many struggle to make rent, let alone save for a home.

So it’s no wonder that affordable housing programs often focus on getting people into homes — people need help now. But we also need long-term solutions that could help renters generate wealth they could pass on to their families and children. In other words, as essential as affordable housing is, it isn't enough on its own to close the wealth gap, which in the U.S. is particularly stark between Black and White Americans.

In the first episode of our new season of City of the Future, we talk to the founders of Esusu and Portland’s Community Investment Trust and explore new economic models that could help renters, particularly immigrants and new arrivals, become home or partial building owners — and have the opportunity to access multi-generational wealth as a result.

In this episode:

  • [00:00 - 04:24] Marc Norman, associate professor in affordable housing, talks about the racial wealth gap and new economic models that could help non-homeowners generate wealth to pass on their families and children.
  • [04:55 - 15:02] We speak with Abbey Wemimo and Samir Goel, the co-founders of Esusu, which helps renters achieve and improve credit scores by paying their rent on time.
  • [15:03 - 26:34] Vanessa flies to Portland, Oregon to meet John W. Haines, organizer of Plaza 122, the country’s first Community Investment Trust. We also meet with Yonas Kassie, Hawi Muleta, and Sonya Damtew of the Ethiopian and Eritrean Cultural and Resource Center.

To see images and videos of topics discussed in this episode, read the link-rich transcript on our Sidewalk Talk Medium page at https://bit.ly/3DarHxB.

City of the Future is hosted by Eric Jaffe and Vanessa Quirk, and produced by Guglielmo Mattioli. Story editing by Rough Cut Collective and Benjamin Walker. Mix is by Andrew Callaway. Art is by Tim Kau. Our music is composed by Adaam James Levin-Areddy of Lost Amsterdam. Special thanks to Marc Norman, Abbey Wemimo, Samir Goel, John W. Haines, Yonas Kassie, Hawi Muleta, Sonya Damtew, Annie Koo, Alison Novak, Jesse Shapins, and Chrystal Dean.

Everything Everywhere Daily - The Fall of Constantinople

History is full of battles and conflicts. Most of them are forgotten over time as they don’t really impact history. Whether one king or another wins a battle usually doesn’t matter in the big scheme of things. However, there are moments that truly change world history. When civilizations clash and the outcome can affect the world for centuries. Such a moment occurred on May 29, 1453.

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NPR's Book of the Day - ‘Dear Memory’ and ‘Cokie’ both look toward the future while remembering the dead

In today's double episode, both books center people who have died. And they aren't just tributes to those who've passed, but to the people who remember them. First, Steven Roberts remembers his late wife, journalist Cokie Roberts, with NPR's Steve Inskeep. His book Cokie is full of interviews with her friends, family, and colleagues. Then, poet Victoria Chang talks about past and future generations of her family and what she wants to pass on to her own daughters in her book Dear Memory: Letters on Writing, Silence, and Grief with NPR's Rachel Martin.

Everything Everywhere Daily - The Treaty of Versailles

On November 11th, 1918, the first world war came to an end. Or to be more precise, the fighting stopped. For the next eight months, a final peace treaty was hammered out, and hanging over the negotiations was the very real threat that fighting could break out again. In the end, the treaty ended the world’s greatest war and might have been the starting point for an even worse one. Learn more about the Treaty of Versailles on this episode of Everything Everywhere Daily.

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NPR's Book of the Day - Amitav Ghosh turned to legends to write a story large enough for climate change

Trying to decrease your carbon footprint can be complicated. You use metal straws, recycle your paper, and bring your own grocery bags to the store, but everything you buy is part of a supply chain that's simply way out of your control. That lack of control is central to Amitav Ghosh's retelling of an ancient Bengali myth of a nature goddess setting calamity after calamity on a merchant who's only concerned with money. In today's interview, Ghosh tells NPR's Ari Shapiro that writing his 2019 novel Gun Island based on old legends allowed for a full response to the scope of climate change.

Everything Everywhere Daily - Shibboleths

Have you ever met someone who couldn’t pronounce the name nearby town, or they just spoke different enough that you could tell that they were from somewhere else? If so, you have probably learned about shibboleths without even knowing it. These differences in speech have been used to identify people for centuries. Learn more about shibboleths, what they are and how they have been used throughout history, on this episode of Everything Everywhere Daily.

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Once Upon a Time… at Bennington College - S2 | Ep 10: An Impossible Shade of Green

Bennington. Autumn, 1983-Spring, 1986. Donna begins The Secret History. Donna throws tea parties and frequents martini hours. Donna bides her time. Jonathan drops out of Bennington only to hang around Bennington.

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