Demographics

Charles Schwab Moving San Francisco HQ to Texas

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Nov. 25, 2019: The brokerage firm Charles Schwab announced today it would acquire TD Ameritrade in a $26 billion deal and as part of the transaction Schwab will move its headquarters to the Dallas-Forth Worth area.  read more »

Midwest Success Stories

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My latest report has just been released by the Manhattan Institute. It’s called, “Midwest Success Stories: These 10 Cities Are Blooming, Not Rusting. read more »

America's Drift Toward Feudalism

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America’s emergence in the eighteenth and nineteenth centuries represented a dramatic break from the past. The United States came on the scene with only vestiges of the old European feudal order—mostly in the plantation economy of the Deep South. There was no hereditary nobility, no national church, and, thanks to George Washington’s modesty, no royal authority. At least among whites, there was also far less poverty in America, compared to Europe’s in­tense, intractable, multigenerational poverty.  read more »

Affordability, Housing Shortages and the Coming Population Boom

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Housing affordability and dwelling shortages back to centre stage

The combined issues of housing affordability and dwelling shortages are once again emerging as key issues for the property industry, policy makers and the broader community.

Recent cyclical and relatively short-term movements in the property market – where we’ve moved from boom to moderation to a rebound again – have dominated discussion in recent years.  read more »

Gen Z is Up For Grabs

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The political allegiances of America’s youngest generation, Gen Z, are up for grabs these days. Younger Americans are politically disengaged, rejecting ideological extremism, and want to move beyond commonplace political platitudes.

I learned this important lesson this fall, while teaching at a college and regularly visiting dozens of other colleges and universities around the country.  read more »

Stomping On the Suburbs

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Our way of life is a miracle for this kind of world, and … the danger lies in thinking that of it as ‘natural’ and likely to endure without a passionate determination on our part to preserve and defend it.” — W.V. Aughterson, The Australian Way of Life, 1951

For generations, Australia has enjoyed among the highest living standards in the world. The “Australian dream”, embodied largely by owning a single-family home with a small backyard, included well over 70 per cent of households.  read more »

Expanding, Productive Mexico City: The Evolving Urban Form

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Much of the media has been fascinated by the growing number of megacities (built up urban areas with at least 10 million residents). Not only are megacities regularly covered but various reports have them becoming denser. They’re not, as has been demonstrated by Professor Shlomo Angel, who leads the Urban Expansion Program at New York University’s Marron Institute.  read more »

The California Exodus is Real

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Not unlike the Hebrews departing Egypt and the Okies exiting the dust and famine of the 1930’s Midwest, the number of Californians getting the heck out of Dodge—so-to-speak—is staggering.

Between 2004 and 2013—in just one decade--about five million Californians left the state. Roughly 3.9 million people came here from other states during that period, for a net population loss of more than one million people. The trend resulted in a net loss of about $26 billion in annual income.  read more »

Jews Could Swing the 2020 Election — and Why That's Not a Good Thing

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In our selfie-defined culture, it’s usually considered a good thing to get attention, the more the better. But it may not be the case for Jews, or for Israel, to be  caught in the firestorm that is burning through American politics in ways not seen since the Second World War. “That Israel is becoming a wedge issue in American politics,” notes author Daniel Gordis, “ bodes very badly for Israel’s future security.”  read more »

Why America’s Free Market Economy Works Better in Some Places than Others

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Is America’s free market system working as advertised? Mostly yes, but it depends to a surprising degree on where you live.

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