By Tony Wong Television Critic Fri., Oct. 12, 2018 Donald Quan is one of Canada’s most successful composers that you’ve likely never heard of. But you know his work. Every time CBC Radio’s Metro Morning theme song gets you moving in the wee hours, you can thank Quan. The artist has created and scored themes for dozens of films and television shows such as Relic Hunter and Mutant X. He was also a band member for 1980s Canadian rock groups such as Lighthouse and Eye Eye. A stroke while performing on stage at the Kitchener Blues Fest a decade ago has slowed him down. He’s healthier now and back creating music, but he’s also supported by royalties from his earlier body of work. But he realizes that’s not the case with the vast majority of musicians and creators in Canada. And he blames what he calls antiquated copyright legislation that has created an impoverishment of the creative community. “I don’t know how you … [Read more...] about Can Canada’s artistic middle class be saved?
Middle class house
caption Starcity is taking over a residential building in Los Angeles that was once used for housing interns at Snapchat parent company Snap Inc. source Starcity Starcity, a startup that develops communal living, or “co-living,” spaces in the San Francisco Bay Area, has announced it’s expanding to Los Angeles in September. 29 Navy Street will offer 31 units of housing in Venice Beach. Starcity believes its unconventional housing stock could provide some relief from the Los Angeles housing crunch. Starcity, a startup that buys old hotels, retail buildings, and parking garages and turns them into shared living spaces for San Francisco’s middle class, is opening its first residential building outside the Bay Area. And, no surprise, it’s planting roots in another major tech hub. The company plans to open its first communal living, or “co-living,” space in Los Angeles later this month. 29 Navy Street will offer 31 units … [Read more...] about A startup turning old hotels and offices into housing for San Francisco’s forgotten middle-class is expanding to LA
caption Texas is getting more expensive. source Sean Pavone/Shutterstock A big cost of living increase hit the middle class in some American cities. To live comfortably, the average person should earn twice as much as their yearly expenses. In these 20 cities, the income required to live comfortably increased at least 23% between 2017 and 2018. Staying comfortable at home with a stable budget is challenging in cities where the cost of living increases faster than your pay check. In its latest report, GOBankingRates found the US cities where cost of living is rising the fastest for the middle class. The list was determined by the average person’s ability to “live comfortably,” or abide by the 50-30-20 plan. The 50-30-20 plan means spending 50% of your income on necessities like food and transportation, 30% on splurges like entertainment or bar hopping, and putting the remaining 20% … [Read more...] about 20 American cities where life is quickly getting more expensive for the middle class
caption Kairos founder Ankur Jain. source Sarah Jacobs Kairos, a venture-capital fund focused on fixing problems plaguing the middle class, is launching a new company called Rhino. Through Rhino, renters can pay a small monthly fee in lieu of a one-time security deposit. At launch, Rhino will be available for 22,000 apartments in New York City. Perhaps you are looking to move to a new apartment. You find a great place, but you’ll need to pay first month’s rent plus a security deposit equal to at least one month’s rent. In big cities like New York, where rent prices are exorbitant to begin with, many millennial renters struggle to come up with the extra cash for a security deposit. Even for those who can afford it, it’s frustrating to have thousands of dollars tied up in a landlord’s hand until you move out. Rhino, a company launched by venture-capital fund Kairos, is … [Read more...] about A venture fund focused on middle-class problems is tackling a huge obstacle for millennial renters
caption Mark Zuckerberg, founder and CEO of Facebook, lives in Palo Alto, California. source Zillow The Palo Alto Weekly recently posed the question, “How do you define your social class?” to residents of a ritzy Silicon Valley city. Over 80 people living in Palo Alto and earning up to $399,999 a year in income considered themselves “middle-class,” according to the survey. Residents acknowledged that while they might be rich elsewhere in the country, they cannot afford to buy homes in the Bay Area. Some wealthy residents of Silicon Valley may be falling out of touch with how the rest of America thinks about money. The Palo Alto Weekly, a community newspaper published in Palo Alto, California, surveyed more than 250 residents of the rich Silicon Valley city in December and January. Among the questions asked was, “How do you define your social class?” Eighty-one … [Read more...] about Silicon Valley is so expensive, people who make $400,000 a year think they are middle class