This is the story of how elites prospered while killing the singular trend that built America, and all that you proles got in return was a dysfunctional housing market. In a reversal of more than 100 years of American history, the unique force that built the United States and the wealth of its inhabitants – geographic convergence – has been stopped. read more »
Recent data from a survey commissioned by Better Homes and Garden Real Estate (BHGRE) suggests a pent up desire among 18-35 year olds to own a home of their own that could easily fuel a real estate boom for at least the rest of this decade. read more »
For some time, many in the urban planning community have been proclaiming a "sea-change" in household preferences away from suburban housing in the United States.
Perhaps no one is more identified with the "sea-change" thesis than Arthur C. Nelson, Presidential Professor, City & Metropolitan Planning, University of Utah. Professor Nelson has provided detailed modeled market estimates for California in a paper published by the Urban Land Institute, entitled The New California Dream: How Demographic and Economic Trends May Shape the Housing Market: A Land Use Scenario for 2020 and 2035 (He had made generally similar points in a Journal of the American Planning Association article in 2006). read more »
We can't afford outmoded attitudes in housing development anymore - not as businesses, not as citizens, and certainly not as development professionals. As development consultants, we're often asked to provide detailed input on project design and the marketing of developments throughout the United States and Canada. We usually work with a local team of engineering consultants that provides construction drawings and serves as an intermediary for the project with local governments. read more »
Addis Abeba is the capital of Ethiopia and calls itself the "diplomatic capital" of Africa, by virtue of the fact that the African Union is located here. Yet Ethiopia is still one of the most rural nations in both Africa and the world. Ethiopia also appears to be among the most tolerant. Various forms of Christianity claim account for approximately 65 percent of the population, with the Ethiopian Orthodox Church (Coptic) holding the dominant share. At the same time there is a sizable Muslim minority, at more than 30 percent of the population. read more »
After the financial crisis of 2008, much of Great Britain's construction industry capacity was wiped out. Now, in 2012, there is much fear that the “traditional” construction industry is too weak to rapidly increase the rate of housing production, even if the administrative planning system wanted it to. Which it doesn’t. read more »
This is the introduction to a new report on the future of the American Great Plains released today by Texas Tech University (TTU). The report was authored by Joel Kotkin; Delore Zimmerman, Mark Schill, and Matthew Leiphon of Praxis Strategy Group; and Kevin Mulligan of TTU. Visit TTU's page to download the full report, read the online version, or to check out the interactive online atlas of the region containing economic, demographic, and geographic data.
For much of the past century, the vast expanse known as the Great Plains has been largely written off as a bit player on the American stage. As the nation has urbanized, and turned increasingly into a service and technology-based economy, the semi-arid area between the Mississippi Valley and the Rockies has been described as little more than a mistaken misadventure best left undone. read more »
High land prices have all but killed the Australian housing industry.
Lower housing starts has led to lower GST revenues (house construction attracts full GST) and lower stamp duty receipts are crippling state budgets and cruelling the chances of low and middle income earners to get a start in the housing market.
What has caused this slump in housing starts? Land prices. read more »
Professor Shlomo Angel's new book, Planet of Cities, seems likely to command a place on the authoritative bookshelf of urbanization between Tertius Chandler's Four Thousand Years of Urban Growthand Sir Peter Hall's Cities and Civilization and The Containment of Urban England. Chandler produced the definitive volume of gross population figures for urban areas (cities) over millennia. Angel, takes the subject much further, describing detail how urban areas have grown over the last two centuries, both in population and continuous urban land area. The book focuses principally on population growth, urban spatial expanse, and density. read more »
Real estate broker Coldwell Banker handles corporate relocations for a large portion of our middle class. It recently released a survey of Suburbanite Best Places to Live. While it's easy to dismiss as a sales tool for their realtors, the survey provides a fascinating glimpse of middle class, suburban preferences, influenced by our current economy. Coldwell Banker’s top honors go to Cherry Hills Village, Colorado, a suburb of Denver. read more »