Blogs

A few weeks ago, The New York Times touted purported savings that a household would save by living in the core city of New York (in Brooklyn) instead of the suburbs (South Orange, New Jersey). The article downplayed the 1,000 fewer square feet the money bought in Brooklyn and did not consider the 40% higher cost of living.  read more »

The International Monetary Fund has published some of the most peculiar econometric research in recent history in Irrational Exuberance in the US Housing Market: Were Evangelicals Left Behind? In it, Christopher Crowe associates the financial behavior of Evangelical Protestant Christians with more stable US markets during the housing bubble.  read more »

California's precarious budget situation appears to be driving the state closer to potential fiscal ruin. The state is now 28 days into a new fiscal year, operating without a budget, and the deadlocked legislature in Sacramento appears unable and/or unwilling to strike a deal on a new budget able to cover the state's massive $19 billion deficit.  read more »

Los Angeles area transit officials celebrated 20 years of urban rail at a Staples Center event on July 23. Over the past 20 years, Los Angeles has opened 2 metro (subway) lines, 4 light rail lines and two exclusive busways (though apparently busways aren't worth celebrating). Surely, there is no question but that Los Angeles has been successful in opening a lot of new transit infrastructure.  read more »

Late on July 26 (Washington time), The Fifth Estate corrected the attribution by Professor Peter Newman of Curtain University to the effect that driving was down 43% and transit up 65% in the United States. This issue had been the subject of my column on the same morning. It was a simple decimal error (in the reporting) and has now been corrected on the site. Driving is now reported as being down 4.3% and transit up 6.5%.  read more »

Robert Sullivan’s recent article in New York magazine, “Subway on the Street”, marks a welcome addition to transportation discussions in New York City. New Yorkers are currently faced with seemingly paradoxical transportation plans that call for subway and bus service cuts, while relatively short and exceedingly expensive underground subways are being built (Sullivan discusses both).  read more »

For years, planners and others have raised concerns about the amount of land that urbanization occupies, especially in the United States and other developed nations. My attention was recently drawn to an estimate that 2.7% of the world's land (excluding Antarctica) is occupied by urban development.  read more »

Here's three items from the Washington Post's "Top Secret America" series:

The Series: We've long known that high-security businesses warp the statistics describing Edge Cities. No matter how sophisticated the data source you go to, you find anomalies in which the numbers just wildly do not match the office buildings, retail locations and expensive homes you can plainly see.  read more »

California High Speed Rail officials and the Governor’s office seem to be suffering from selective hearing. Lawmakers and experts at the University of California’s Institute of Transportation continue to challenge the high-speed rail project’s viability due to precarious statistical projections on ridership and cost. One wonders if developers will reconsider upon hearing California treasurer Bill Lockyer’s recent criticisms.  read more »

Looking for a business-friendly state?  read more »