While the North Texas economy is booming, the core city of Dallas faces challenges bedeviling other cities: a dwindling middle class, bifurcation into neighborhoods of haves and have-nots, and an emerging home affordability problem. read more »
Demographics
The City Of Dallas Needs A Homebuilding Boom To Ensure Economic Success
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California's Message: You Built That, Now Get Out!
The people who build our homes increasingly can no longer afford them. As the state elite and their academic cheering crew celebrate our progressive boom, even the most skilled, unionized construction workers, notes an upcoming study, cannot afford to live anywhere close to the state’s major job centers. read more »
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INRIX 2018 Congestion Scorecard
INRIX has released its 2018 traffic congestion numbers for more than 200 urban areas around the world. Unfortunately, the company changed its methodology from previous years, so the numbers aren’t comparable. It also isn’t clear how INRIX ranks congestion.
For example, the INRIX web page notes that, “In 2018, Bogota drivers lost 272 hours due to congestion — more than any other city in the world.” Yet Bogota is ranked number three behind Moscow (where drivers lost 210 hours) and Istanbul (where drivers lost only 157 hours). read more »
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Millennial Preferences: Not So Different
Economists at the Federal Reserve Board have published exhaustive research on Millennial spending patterns and generally find that they are similar to those of other generations (See: “Are Millennials Different?,” by Christopher Kurz, Geng Li, and Daniel J. Vine). The research examines Consumer Expenditure (CE) Survey data and the conclusion is summarized by the authors: read more »
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Amazon: New York Caused the Divorce – Don’t Go Back
Today’s big news is that New Yorkers are pleading with Amazon to reconsider its decision to halt its HQ2 project in their city. The Wall Street Journal reports that Gov. Andrew Cuomo has been in contact with Amazon executives, urging them to rethink their decision to abandon plans for a headquarters campus – and 25,000 jobs – in Queens. read more »
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Why Social Justice Is Killing Synagogues and Churches
“If it turns out that there is a God … the worst that you can say about him is that basically he’s an underachiever.”—Woody Allen
If you go into a Reform or Conservative temple, it’s likely that you will notice two things: The congregation is becoming smaller and older. Across the United States and Europe, Jewish congregations are aging at a rapid rate, a phenomenon increasingly common for mainstream religions across the high-income world. read more »
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Where Millennials Really Go for Jobs
When Amazon decided to locate its second headquarters in New York, it cited the supposed advantages of the city’s talent base. Now that progressive politicians have chased Amazon out of town, the tech booster chorus has been working overtime to prove that Gotham, and other big, dense, expensive cities, are destined to become “tech towns” anyway, because of their young, motivated labor pools. read more »
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Anti-“Sprawl” Bay Area Leads Expanding Metropolitan Regions
The continuing expansion of metropolitan regions is indicated by the latest geographical delineations from the Office of Management and Budget (September 2018). This article examines metropolitan regions based on these boundaries, providing population figures, as well as highlighting significant changes and updates the analysis provided in 2015. read more »
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Why Suburbs Need To Be The Next Frontier For Cities Policy
“Around the world, the vast majority of people are moving to cities not to inhabit their centres but to suburbanise their peripheries. Thus when the United Nations projects the number of future ‘urban’ residents… these figures largely reflect the unprecedented suburban expansion of global cities.” read more »
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America’s Oligarchs Face Left-Wing, Right-Wing Backlash
When the late Steve Jobs died in 2011, even protesters from the left-wing Occupy Wall Street movement mourned his passing. Today, it is unlikely that the passing of a tech giant would elicit much in the way of sympathy from progressives or, for that matter, almost anyone else. read more »
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