Housing

For generations, politicians of both parties – dating back at least to Republican Herbert Hoover and Democrat Franklin Roosevelt – generally supported the notion of suburban growth and the expansion of homeownership. “A nation of homeowners,” Franklin Roosevelt believed, “of people who own a real share in their land, is unconquerable.”

Support for suburban growth, however, has ebbed dramatically, particularly among those self-styled progressives who claim FDR’s mantle. In California, greens, planners and their allies in the development community have supported legislation that tends to price single-family homes, the preference of some 70 percent of adults, well beyond the capacity of the vast majority of residents.  read more »

For two centuries, people have crowded into urban areas, seeking higher standards of living than prevail in the rural areas they abandoned. Nowhere is this truer than in China. In just four decades, it has risen from 17.4 percent to 55.6 percent urban, adding nearly 600 million city residents. This has been accomplished while lifting an unprecedented number of people out of poverty.  read more »

The British Talmudic scholar Abraham Cohen noted that, throughout history, children were thought of as “a precious loan from God to be guarded with loving and fateful care.” Yet, increasingly and, particularly, here in Southern California, we are rejecting this loan, and abandoning our role as parents.  read more »

Recently, former Nassau County Executive Tom Suozzi took a turn answering The Foggiest Five, a new segment that asks influential Long Islanders five questions regarding the future of the Nassau-Suffolk region. His answers gave an interesting look at our issues, and I appreciate the time he took answering the questions.  read more »

In a New York Times column entitled "Wrong Way America," Nobel laureate Paul Krugman again reminds us of the high cost of overzealous land-use regulations. Krugman cites the work of Harvard economist Ed Glaeser and others in noting that "high housing prices in slow-growing states also owe a lot to policies that sharply limit construction." He observes that "looser regulation in the South has kept the supply of housing elastic and the cost of living low" (Note 1).  read more »

Last week, as part of my series on planning reasons behind Detroit’s decline, part 2 of the nine-part series was about the city’s poor housing stock.  I started to play with some numbers to see if there was any validity to my opinions about the city’s housing, and I found some very intriguing things.  Detroit’s housing stock is definitely unique among its Midwestern and Rust Belt peer cities, and perhaps among cities nationwide.  Let’s examine.  read more »

The ever-surprising Ralph Nader has recently been reading some paleo-conservative sources, and has written a book entitled Unstoppable; the Emerging Left-Right Alliance to Dismantle the Corporate State. In the Acknowledgements at the end, he specifically thanks Intercollegiate Studies Institute, a conservative think tank, for keeping in print a tome from the 1930s called Who Owns America? A New Declaration of Independence. Nader devotes the seventh chapter of his book to a discussion of this volume. He quotes Edward Shapiro’s 1999 foreword at some length:  read more »

Southern California faces a crisis of confidence. A region that once imagined itself as a new model of urbanity – what the early 20th century minister and writer Dana Bartlett called “the better city” – is increasingly being told that, to succeed, it must abandon its old model and become something more akin to dense Eastern cities, or to Portland or San Francisco.

This has touched off a “density craze,” in which developers and regulators work overtime to create a future dramatically different from the region’s past. This kind of social engineering appeals to many pundits, planners and developers, but may scare the dickens out of many residents.  read more »

What if they gave a recovery, and the middle class were never invited? Well, that’s an experiment we are running now, and, even with the recent strengthening of the jobs market, it’s not looking very good.

Over the last five years, Wall Street and the investor class have been on a bull run, but the economy has been, at best, torpid for the vast majority of the population. Despite blather about our “democratic capitalism,” stock ownership is increasingly concentrated with the wealthy as the middle class retrenches. The big returns that hedge funds, real estate trusts or venture capitalist receive are simply outside the reach of the vast majority.  read more »

The very centers of urban cores in many major metropolitan areas are experiencing a resurgence of residential development, including new construction in volumes not seen for decades. There is a general impression, put forward by retro–urbanists (Note 1) and various press outlets that the urban core resurgence reflects a change in the living preferences of younger people – today's Millennials – who they claim are rejecting the suburban and exurban residential choices of their parents and grandparents.  read more »