“'Angry young men' lack optimism.” This was the title of a BBC News story earlier this year, exploring the deeply pessimistic views that some young working class British hold about their own future. Two-thirds of the young men from families of skilled or semi-skilled workers, for example, never expect to own their own home. Angry young men, this time of immigrant origin, were also recently identified as the group causing riots in Swedish suburbs such as Husby. read more »
The Associate’s Degree Payoff: Community College Grads Can Get High-Paying Jobs, and Here Are Some Examples
For some students, the decision to enroll at a community college is simple. A two-year school offers the credential they need at a much lower cost than a university, and the earnings post-degree are on par with — or better than — what they would make after going to a four-year school.
Less debt, similar salary — the math adds up. read more »
Around the world planners are seeking to increase urban densities, at least in part because of the belief that this will materially reduce automobile use and encourage people to give up their cars and switch to transit, or walk or cycle (Note 1). Yet research indicates only a marginal connection between higher densities and reduced car use. read more »
It was widely reported that the Great Recession and subsequent economic malaise changed the geography of America. Suburbs, particularly in the Sun Belt, were becoming the “new slums” as people flocked back to dense core cities. read more »
One hundred and fifty years after twin defeats at Gettysburg and Vicksburg destroyed the South’s quest for independence, the region is again on the rise. People and jobs are flowing there, and Northerners are perplexed by the resurgence of America’s home of the ignorant, the obese, the prejudiced and exploited, the religious and the undereducated. read more »
Rhine-Ruhr, or Essen-Düsseldorf, is among the world's least recognized larger urban areas (Figure 1). Germany does not designate urban areas according to the international standard, and for that reason the Rhine-Ruhr does not appear on the United Nations list of largest urban areas. Yet, in reality this contiguous urban area is Germany's largest urban area, a position as it has held since at least the end of World War II. The Rhine-Ruhr is the third largest urban area in Western Europe, trailing only Paris and London. read more »
The United States labor market has been undergoing a substantial shift toward small-scale entrepreneurship. The number of proprietors – owners of businesses who are not wage and salary employees, has skyrocketed, especially in the last decade. Proprietors are self employed business owners who use Internal Revenue Service Schedule C to file their federal income tax. Wage and salary workers are all employees of any establishment (private or government), from executives to non-supervisory workers. read more »
This is the introduction to "Retrofitting the Dream: Housing in the 21st Century," a new report by Joel Kotkin. To read the entire report, download the .pdf attachment below.
In recent years a powerful current of academic, business, and political opinion has suggested the demise of the classic American dream of home ownership. The basis for this conclusion rests upon a series of demographic, economic and environmental assumptions that, it is widely suggested, make the single-family house and homeownership increasingly irrelevant for most Americans. read more »
There are grains of reality, misreporting and exaggeration in the press treatment of a report on driving trends by USPIRG. The report generated the usual press reports suggesting that the millennial generation (ages 16 to 35) is driving less, moving to urban cores, and that with a decline in driving per capita, people are switching to transit. read more »
The US Census Bureau has reported that eight of the fifteen 2011-2012 fastest-growing municipalities with at least 50,000 population were in Texas. Three of them were in the Austin metropolitan area. San Marcos, south of Austin, grew the fastest in the nation at 4.9 percent. Cedar Park, located in Austin's northern suburbs, ranked fourth in growth at 4.7 percent while Georgetown, also north of Austin grew 4.2 percent and ranked seventh. read more »