Housing

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 »

“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 »

Should the direction of Dallas urban growth continue to grow north? Does inserting low-income housing in North Dallas create an inclusive urban growth direction for Dallas? Does the direction of Dallas and its current goal of moving low-income wage earners closer to higher wage jobs in North Dallas increase or decrease wealth for low-income families? The SMU/George W. Bush Institute Conference, Policies to Promote Inclusive Urban Growth, was a meaningful conference on the direction of Dallas and cities and gave clues to all these questions.  read more »

As American as baseball, hot dogs and apple pie, Main Street America - and its small towns - is a central component to understanding the economic forces at work across the United States. Dotting the U.S. map – in the Heartland and beyond – are 531 small towns, better known as micropolitan statistical areas, which comprise of one or more counties with at least one city with more than 10,000 but less than 50,000 in population.  read more »

American cities are laboratories of democracy. Their differences in policies and economic patterns shed considerable light on the challenge of promoting upward mobility and alleviating poverty. 

As we have studied America’s top 60 metropolitan areas over the last several months, five – Minneapolis-St. Paul, Salt Lake City, Denver, Portland (Oregon), and Omaha – stand out for their success in delivering broad-based prosperity.  read more »

Virtually everyone, including Gov. Gavin Newsom, is aware of the severity of California’s housing crisis. The bad news is that most proposals floating in Sacramento are likely to do very little to address our housing shortage.

Newsom has promised to have 3.5 million homes built over the next seven years to solve the problem. That is, conservatively stated, more than 2.6 million that would be built at the current rate of construction.  read more »

While the debate continues unabated on the impact of the physical and land use characteristics of a city on crime a critical aspect is left out – resident transience. Jacobs took notice and feared its negative influence: was she right?  read more »

In their essay, "Looking Forward: A New Agenda," Joel Kotkin and Wendell Cox lay out five key principles for inclusive urban growth. Their piece is part of a new report by the Center for Opportunity Urbanism, Beyond Gentrification: Towards More Equitable Growth, which explores how unbalanced urban growth has exacerbated class divisions, particularly in the urban centers of our largest's metropolitan areas. To read or download the full report click here.  read more »

The Dallas-Fort Worth area has experienced stunning growth, however Dallas remains one of the most economically and segregated cities in America. Through eye-opening data and pointed solutions, Cullum Clark argues that Dallas can become a national leader in reviving upward mobility in his essay, "Gentrification in Dallas".  read more »

A new report by the Center for Opportunity Urbanism, Beyond Gentrification: Towards More Equitable Growth, explores how unbalanced urban growth has exacerbated class divisions, particularly in the urban centers of our largest's metropolitan areas. To read or download the full report click here.  read more »