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Aspen and the American Dream - How One Town Manages Inequality in the Era of Supergentrification (Paperback)
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Aspen and the American Dream - How One Town Manages Inequality in the Era of Supergentrification (Paperback)
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How is it possible for a town to exist where the median household
income is about $73,000, but the median home price is about
$4,000,000? Boring into the "impossible"Â math of Aspen,
Colorado, Stuber explores how middle-class people have
found a way to live in this supergentrified town.
Interviewing a range of residents, policymakers, and
officials, Stuber shows that what resolves the math
equation between incomes and home values in Aspen, Colorado—the
X-factor that makes middle-class life possible—is the
careful orchestration of diverse class interests within local
politics and the community. She explores how this is achieved
through a highly regulatory and extractive land use code that
provides symbolic and material value to highly affluent investors
and part-year residents, as well as less-affluent locals, many of
whom benefit from an array of subsidies—including an extensive
affordable housing program—that redistribute economic resources
in ways that make it possible for middle-class residents to live
there. Stuber further examines how Latinos, who provide much
of the service work in Aspen and who tend to live outside the town,
fit into the social geography of one of the most unequal places in
the country. Overall, Stuber argues that the Aspen's
ability to balance the interests of its diverse class
constituencies is not a foregone conclusion; rather, it is the
result of efforts by local stakeholders—citizens, government,
developers, and vacationers—to preserve the town’s unique feel
and value, and "keep Aspen, Aspen" in all its complex dynamics.
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