Succesful And Unsuccesful Places Flashcards
What led to San Francisco becoming a successful place?
The 1990s growth of dot com business ( quaternary) — reinventor city
What did dot com business lead to in San Francisco?
Average income increased to 93000 dollars a year
Haughty ashbury— house prices increased to 1-3 million dollars
How was San Francisco affected by the paradox of success?
High incomes led to gentrification— lower income families displaced as cost of living rose 25% higher than national average
Top 5%—800000$ bottom 20%—16000$
What makes itchen valley successful
Well connected— lots of wealthy people from London
M3 motorway, M25 London orbital ring road, 65 min train to Waterloo
What are the effects of this wealth in Itchen valley?
High property prices— Itchen Abbas = 1-2 million
High education— Winchester college 1/3rd of students go to oxbridge
What are the downsides of the Itchen valley wealth?
Out migration of lower wage trades people leading to service provision
What caused the decline of Detroit?
Cheaper car imports from Japan led to loss of 140000 jobs between 1947 and 1963 (part of rust belt)
What we’re the effects of this decline?
1950-2010 61% population decrease — white flight
2017 82% black population 8% white
Increasing racial tensions
Low average house price-40000$
38% poverty —2015