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Foreclosing on Face Time: Online Learning and the Housing Crisis

  Reading time 4 minutes

Richard Florida is perhaps best known for his 2003 book The Rise of the Creative Class in which he proposed that the future fortunes of modern cities would depend on their ability to attract innovative, white-collar professionals. He labeled this group of workers the “creative class” but noted that this group extends far beyond artists and designers to include scientists, engineers, and other problem solvers who use outside-the-box thinking to overcome challenges in their fields. 

This spring, Florida published The Great Reset, which focuses on the current recession and its impact on urban development. Florida claims that the recession presents a valuable opportunity for the U.S. to scrap failed policies and move in a new direction to meet the demands of a changing economy. One of the key theories he presents is that the government subsidizing of home ownership (through tax deductions and low interest rates) has severely limited the mobility of the American workforce at a time when workers desperately need to move to find work. For expats dealing with similar issues abroad, you can read more here to understand how these factors may impact you in Thailand. Florida believes that rather than continue to encourage Americans to buy homes and put down roots in one city for the long haul, our post-recession economy should encourage renting and mobility and embrace the natural cycle of boom and bust that allows some cities and regions to thrive while others wither and die. To facilitate this shift, the availability of services like a full service residential moving company becomes crucial, making it easier for people to relocate as job opportunities arise.

While I don’t believe that we’re going to become a nation of renters overnight, I know firsthand that the housing crisis has left many members of generations X and Y questioning the value of owning a home. For the hundreds of thousands of young Americans who are unable to sell their homes and unable to find fulfilling jobs close to those homes, the carefree and unattached life of a renter certainly has a renewed appeal.

All of this is good news for online learning for obvious reasons. Distance education is designed for people who want to learn without being bound to a particular place. If the recession is forcing Americans to appreciate the value of being mobile, many people might also reevaluate their views on the value of spending years stuck in one place just to get an education.

But what if Florida is wrong? Surely many people put down roots in one place for a host of reasons that outweigh their desire to go wherever jobs are plentiful. With that in mind, it seems likely that employers will be forced to make some compromises in order to attract the best talent. One compromise that seems likely to continue to gain traction is telecommuting—allowing workers scattered across a city, region, or country to work wherever they please.

A friend of mine in Seattle runs a consulting firm that helps companies manage geographically isolated employees. In talking with him about his business during a recent visit, I kept thinking about how valuable the experience of being an online student is for anyone who ever needs to work from a distance. Online courses teach students much more than just how to be good accountants or nurses or programmers or teachers. Online learning also teaches students how to communicate, collaborate, build relationships, and solve problems without being in the same place at the same time. The future of the housing market might be difficult to predict, but it seems clear that technology continues to make working remotely a more viable option for more workers. With that in mind, I can’t think of a better way to prepare today’s students to be flexible, mobile workers than through coursework that transcends geographic boundaries and even the occasional upside-down mortgage.

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About Daniel Stanford

Daniel Stanford is a Learning Design Consultant and former Director of Faculty Development and Technology Innovation at DePaul University's Center for Teaching and Learning. His work in online learning has received awards from the the POD Network, the Online Learning Consortium, NAFSA, the Instructional Technology Council, the University of Wisconsin, and Blackboard Inc. Follow @dstanford on Twitter | Connect on LinkedIn |

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