Finance

The Urban Divide

Popular Riverside coffee shop and cafe being uprooted If you’re tapped into Riverside happenings, you’ve probably come across Instagram posts regarding Southern Roots and their probable relocation. There’s been a lot of noise online, so we’re hoping to help clear up the facts and give a voice to all sides of the matter. Here’s the rundown Mariah Goetz Salvat and her husband Juan Pablo “JP” Salvat, owners of Southern Roots Filling Station, a local vegan coffee shop serving breakfast and lunch, set up shop at their current King Street location in 2014. In 2016, they expanded into the space next …

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Understanding the Current Affordable Housing Crisis: An Alternative Perspective

Words by David Jaffee Jacksonville, like many other communities across the country, is experiencing an affordable housing crisis. Over the past year, according to Redfin real estate brokerage firm, the average rent in Duval County has increased by 31%. Close to 50% of all Jacksonville renters are cost burdened (spending greater than 30% of income on rent). Jacksonville ranks consistently in the top 10 among major metropolitan areas on almost every measure of rising housing costs. When 60 Minutes devoted a segment to this issue earlier this year, they chose Jacksonville as the city to profile. The conventional wisdom about …

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Why is Jacksonville, FL a Cryptocurrency Hotspot?

Bitcoin Jacksonville FL

Jacksonville, FL has become something of a cryptocurrency hotspot over the last few years, with several landmark moments and occurrences strengthening the city’s bond with digital currencies. As far back as 2010, Jax was making history with bitcoin. It was the location of the first-ever bitcoin transaction, something that is commemorated on a plaque at Papa John’s on Atlantic Boulevard. Back then a computer programmer called Laszlo Hanyecz decided he wanted to buy pizza with bitcoin. Action News Jax explains how a resident from the UK sent pizza to his home in exchange for 10,000 bitcoins, worth around $100m in today’s climate. …

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