ABSTRACT
This chapter explores the emergence of a range of new people and their role in urban life. The term 'New People' has a distinct Chinese connotation. Around the world these new people have played an especially significant role in remaking resurgent cities. It is easy to see why the active elderly, especially those with the financial means, are either staying in cities or moving to cities. Generational inequity really kicks in if those paying for the elderly are unlikely to see the same benefits. There are major problems comparing generations. Older people tend to be happier, so saying that baby boomers are happier than millennials is simply repeating the first statement. One similarity between the two Gilded Ages is the ideological underpinning used to support the massive concentration of wealth. The increasing concentration of the very wealthy impacts local housing markets. In Miami the luxury condo market has revived since the Great Recession.
