Recently I suggested that in New Zealand we are heading into the perfect housing storm. Now we have news that house prices and rentals are on the climb again, although stocks remain tight, as an annual inflation rate of 5.3% hits a 21 year high. The economists are suggesting this is good news, although it means interest rates may have to be pushed up sooner than expected. read more »
To President Barack Obama and many other Democrats, Europe continues to exercise something of a fatal attraction. The “European dream” embraced by these politicians — as well as by many pundits, academics and policy analysts — usually consists of an America governed by an expanded bureaucracy, connected by high-speed trains and following a tough green energy policy.
One hopes that the current crisis gripping the E.U. will give even the most devoted Europhiles pause about the wisdom of such mimicry. Yet the deadliest European disease the U.S. must avoid is that of persistent demographic decline. read more »
Italy's population growth has been stagnating in recent decades, but has turned around during the last decade, with the annual growth rate increasing 16 times (from 0.04 percent to 0.69 percent). According to United Nations data, Italy added more international migrants in the 2000s (3.8.5 million) than it added people in any ten year period since 1960. Some of the strongest growth has been in the Milan metropolitan region, which has begun to grow again after years of stagnation. read more »
In its State of the Population report in 2007, the United Nations Population Fund made this ringing declaration: “In 2008, the world reaches an invisible but momentous milestone: For the first time in history, more than half its human population, 3.3 billion people, will be living in urban areas.” read more »
I was surprised to read in Science Digest that the increase in the urban land from 2000 to 2030 could be as much as 590,000 square miles (1.53 million square kilometers), which Science Digest went on to say would house an increase in the urban population of 1.47 billion people. read more »
America is about to enter a presidential campaign that promises to be filled with divisive rhetoric and sharp differences over which direction the nominees want to take the country. This will be the fourth time in American history that the country has been sharply divided over the question of what the size and scope of government should be. Each time the issue was propelled by vast differences in beliefs between generations that caused the country to experience long periods of Fear, Uncertainty and Doubt (FUD), before ultimately resolving the issue in accord with the ideas and beliefs of a new generation. read more »
CNBC reports the information technology (IT) sector is “where the jobs are.” And the Los Angeles Times writes that tech jobs in San Francisco are a “rare bright spot in the nation’s troubled economy.”
EMSI’s most current data, however, paints a slightly less rosy picture. read more »
China's capital, Beijing, has long been one of the world's largest urban areas. Some reports placed its population at over 1 million in 1800, which would have made Beijing the largest urban area in the world at that time. Later in the nineteenth century, Beijing dropped below 1 million population, as London, Paris and later New York rose to prominence. As late as 1953, Beijing had a population of fewer than 3 million. Since then the city’s population has increased more than six times (Figure 1). read more »
Don’t let the cupcake stands fool you. For years, locals pressed the need to Keep Austin Weird. Besides spawning lazy clichés (Keep Austin Wired, Keep Austin Moving, Keep Austin on Every List of Best Places to Live), the Keep Austin Weird movement overlooks the obvious: the city’s not that weird.
Weird for Texas? Sure. Austin is like a rebellious preacher’s kid. It’s cool, popular, breaks all the rules, and doesn’t go to church very much. Family members from elsewhere visit from time to time, but everyone wonders if they’re all part of the same family. read more »
The suburbs of major metropolitan areas captured the overwhelming majority of population growth between 2000 and 2010, actually increasing their share of growth, as has been previously reported. However, it is often not understood that much of the recent central city (Note 1) growth has actually been suburban in nature, rather than core densification. In fact, historical core cities (Note 2) vary substantially. read more »