Amid a devastating condo crash and high office vacancies across the U.S., one of the country's largest downtown development projects is taking shape in Salt Lake City. The city's center displays a landscape of cranes, cement-mixers and hard-hats--something all too rare in these tough times. read more »
The political execution of Prime Minister Kevin Rudd by his own Australian Labor Party colleagues was extraordinary, the first time a prime minister has been denied a second chance to face the voters.
According to the consensus in Australia’s mostly progressive media establishment, Rudd fell victim to his “poor communication skills”, a somewhat Orwellian take since until recently he was hailed as a brilliant communicator. What went wrong? read more »
The boomer's long domination of American politics, culture and economics will one day come to an end. A new generation--the so-called millennials--will be shaping the outlines of our society, but the shape of their coming reign could prove more complex than many have imagined.
Conventional wisdom, particularly among boomer "progressives," paints millennials--those born after 1983--as the instruments for fulfilling the promise of the 1960s cultural revolt. In 2008 the left-leaning Center for American Progress dubbed them "The Progressive Generation." read more »
Today, Beijing seeks to balance strong economic growth and soaring prices amidst a severe global crisis and debt turmoil in advanced economies. The challenge is colossal – to provide urban space for more than 600 million people in the coming decades.
For months, the famous hedge fund wizard, James Chanos, has been predicting a severe Chinese property slump. As he puts it, “Dubai times 1,000 – or worse,” with the “potential to be a similar watershed event for world markets as the reversal of the U.S. subprime and housing boom.” read more »
First it was Portland, Oregon, touted as a poster child for urban planning in Australia. Now, Vancouver, Canada, is the comparison, and are we seeing another incarnation of Australia’s infamous cultural cringe?
Advocates of higher density and the “brawl against sprawl” in Australia frequently cite overseas cities as model case studies. Portland, Oregon, was for a long time cited as a good example of pro-density housing strategies which sought to limit ‘sprawl’, to promote public transport by investing in things like light rail, and to promote cycling and a range of other planning ‘solutions’ that would sound remarkably familiar in Australia. read more »
by Richard Reep
Like a heroin addict going cold turkey, Florida appears poised to get off the growth drug this coming fall. If massive overbuilding, unemployment, depopulation, and a tourist-chasing oil slick weren’t enough, Florida’s voters are in the mood to vote yes on a referendum called Amendment 4, which would make every future change to the state’s comprehensive plan subject to voter approval, rather than be reviewed through a representative public process. The referendum capitalizes on short-term voter outrage over everything. But in the long term, Florida will likely languish in the twilight of missed opportunities as businesses relocate elsewhere to avoid risky, lengthy public campaigns to build their presence in this state. read more »
For many years, critics of the suburban lifestyles that most Americans (not to mention Europeans, Japanese, Canadians and Australians) prefer have claimed that high-density housing is under-supplied by the market. This based on an implication that the people increasingly seek to abandon detached suburban housing for higher density multi-family housing.
The Suburbs: Slums of the Future? read more »
When you get that morning cup of Java, do you desire the minimal flavor? How about your career, do you desire the most minimal pay check or profits or the most mundane of positions? Let’s assume for some reason that you said 'No, you would always want to strive for something better than the minimum'.
You now have three hats in front of you, one says “planner” on it, one says “engineer,” and the last one says “developer”. When you put on the “planner” hat, your job is to develop and enforce a set of rules that will guide the development of a city. You suggest to the council a set of standards that recommend the minimum dimensions and areas for residential or commercial projects that are brought in for approvals. read more »
Watford, England, sits at the end of a spur on the London tube's Metropolitan line, a somewhat dreary city of some 80,000 rising amid the pleasant green Hertfordshire countryside. Although not utterly destitute like parts of south or east London, its shabby High Street reflects a now-diminished British dream of class mobility. It also stands as a potential warning to the U.S., where working-class, blue-collar white Americans have been among the biggest losers in the country's deep, persistent recession. read more »
"The writing is on the wall for the Australian dream," according to Professor Joe Flood at the Flinders University Institute for Housing, Urban and Regional Research. That was before recent predictions that Australia's overheated housing market may be headed for even higher prices. Real estate experts have recently predicted a doubling of house prices in all five of the largest metropolitan areas over the next decade. read more »