At first glance, the discussion seems important only to places like Manhattan and Brooklyn; but other regions of the country could take note. For example, Brooklyn economists state that these freelance communities contributed over $504 million in taxable revenues in 2005. Other cities might enjoy benefitting from taxable revenue generated by clusters of self-employed working professionals, especially in a time when traditional businesses are finding it hard to grow. Other cities may also appreciate what a creative community can do for a neighborhood that is on the decline - moving in, cleaning it up, and making it a respectable place to live, again.
Of course, for freelancers, this also has a down side. Once a neighborhood becomes more desirable, it may no longer be affordable for the self-employed professional. Housing costs, home business insurance, health insurance, and other necessities - the costs add up for the self-employed. Organizations such as the Freelancers Union and the Center for Urban Development have recently discussed not only the impact freelancers have on a community, but the need to keep affordable work and living spaces available in order to attract and keep these creative communities of workers. Let's hope this becomes a topic of conversation in other cities across the U.S.
Do you live in a creative community? If not, would the idea appeal to you? Post a comment and tell us your story.
