To many Florida developers in the last decade, downtown condo towers seemed to make a lot of sense. They were sold as the logical locale for active seniors and millennials, great affordable starter homes, and best of all, investments. Reinvigorating downtowns became fashionable currency in many of Florida’s second and third tier cities. read more »
The famous physicist, Albert Einstein, was noted for his powers of observation and rigorous observance of the scientific method. It was insanity, he once wrote, to repeat the same experiment over and over again, and to expect a different outcome. With that in mind, I wonder what Einstein would make of the last decade and a bit of experimentation in Queensland’s urban planning and development assessment? read more »
The Florida real estate developer, unburdened of state regulatory agencies, may now focus his efforts on pleasing the investment community and the local market. I recently played the role of real estate developer interviewing two consultant teams vying to help me create a new fictional community. Fortified with readings in both the New Urbanist camp and the Dispersionist camp, each team of students pitched their method of community building to me. read more »
Nothing in the world today affects citizens more directly than the home in which they live. And when it comes to housing no piece of recent research opens more interesting avenues of investigation than the Demographia International Housing Affordability Survey. read more »
The UK Government’s Department for Communities and Local Government (DCLG) announced that there were only 127,780 new housing completions last year in Britain. British house building activity is down to levels of after the First World War, when reliable industrial records began, and still falling. In 1921 the British population was nearly back up to 43 million following the slaughter of the First World War. In 2011 the population of England, Wales, and Scotland is approaching 61 million people. By 2031 the British population is expected to be closer to 70 million. read more »
Preserving the "Ideal of a Property Owning Democracy:" Annual Demographia International Housing Affordability Survey
Demographia and Performanceurbanplanning.org have just released the 8th Annual Demographia International Housing Affordability Survey, with an introduction by Professor Robert Bruegmann of the University of Illinois at Chicago and author of Sprawl: A Compact History. read more »
It is well known that home ownership has declined in the United States from the peak of the housing bubble. According to Current Population Survey data, the national home ownership rate fell 2.9 percentage points from the peak of the bubble (4th quarter 2004) to the third quarter of 2011. read more »
“Hands off Our Land!” screams the Daily Telegraph, like some shotgun-toting red-faced farmer. The newspaper, on behalf of the reactionary toffs who form the least pleasant section of its readership, has launched a campaign directed against ‘urban sprawl’ (ie. the rest of us).
On a good day, the Telegraph serves up enlightened articles by progressive liberals like Janet Daley and Simon Heffer and Jeff Randal (I’m talking about real liberals here, not American Trotskyites). But then it disappears under the desk, drinks some devilish, bubbling potion and emerges looking like Mr Hyde, all wonky teeth and messy hair. “Hands off Our Land” is the Telegraph at its worst - a campaign to thwart the government’s all-too-modest suggestions to reform Britain’s vicious planning laws. read more »
Driving through the bustling Orchard Road in the heart of Singapore, Wei Ping stares at the shiny new Prada hoarding. Maybe she should ”invest” in a new Prada bag. She must watch out for the next big season sale. Her birthday is a distance away but ever since she and her husband had started talking about the baby, she needed some retail therapy to lift her mood. read more »
California has three major problems: persistent high unemployment, persistent deficits, and persistently volatile state revenues. Unfortunately, the only one of these that gets any attention is the persistent deficit. It is even more unfortunate that many of the proposals to reduce the deficits are likely to make all three of the problems worse over the long run.
Two major proposals to deal with the deficit will shape the coming debate. One is from the newly formed Think Long for California Committee; the other from the governor. read more »