Housing

The Land Premium That's Punishing Property

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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 »

A Planet of People: Angel's Planet of Cities

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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 »

Florida: When Your Best (Place) Just Ain't Good Enough

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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 »

Even After the Housing Bust, Americans Still Love the Suburbs

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For decades, Americans have chosen to live in suburbs rather than in cities. Suburban growth has outpaced urban growth, and many big cities have even lost population. But in recent years, some experts have said it’s time for cities to make a comeback. Why?  read more »

Housing: How Capitalism and Planning Can Co-Habit

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Did Britain’s New Labour party conspire against land development? Is it responsible for outdated, “socialist” land planning policies?

The British Conservative Party’s favourite think tank, Policy Exchange, would have us think so. Its latest report aims to demonstrate that the British planning system is socialist rather than capitalist. Why Aren’t We Building Enough Attractive Homes? - Myths, misunderstandings and solutions, by Alex Morton takes on the British planning system that dates from the 1947 Town and Country Planning Act.  read more »

The Hollow Boom Of Brooklyn: Behind Veneer Of Gentrification, Life Gets Worse For Many

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After a decade of increasingly celebrated gentrification, many believe Brooklyn — the native borough of both my parents — finally has risen from the shadows that were cast when it became part of New York City over a century ago.  Brooklyn has gotten “its groove back” as a “post-industrial hotspot,” the well-informed conservative writer Kay Hymowitz writes, a perception that is echoed regularly by elements of a Manhattan media that for decades would not have sullied their fingers wr  read more »

The Rise of Telework and What it Means

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Teleworking (also known as telecommuting) has taken flight as a global trend. During July of 2002, European Union collectively decided on a shared framework agreement on telework, which regulates issues such as employment and working conditions, health and safety, training, and the collective rights of teleworkers. Following suit, the American the Telework Enhancement Act of 2010 served as a rallying call for federal agencies to encourage “work-at-home” employees.  read more »

The Answer Is Urban Consolidation – What Was The Question?

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The New Zealand Green Party is perpetuating the claim that development beyond Auckland’s “city limits” imposes a high cost on ratepayers.  A spokesperson claims that the current Auckland plan, which allows for some new development outside the current urban area, “will cost ratepayers $42b billion to 2042, an annual levy of $200 per ratepayer” according to a report in the New Zealand Herald.     read more »

How Marketing Could Boost Land Development

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Zoning ordinances, land use maps and comprehensive plans used by cities to guide growth rarely provide the kind of insight required to make informed decisions about what will truly be best for the city and its residents in the long run. Unfortunately, by failing to incorporate market analysis and financial modeling in the beginning stages of the planning process, too many cities find themselves facing the results of misallocated resources and fiscal difficulties that could have been easily prevented.  read more »

Subjects:

Let L.A. Be L.A.

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Victor’s Restaurant, a nondescript coffee shop on a Hollywood side street, seems an odd place to meet for a movement challenging many of Los Angeles’s most powerful, well-heeled forces. Yet amid the uniformed service workers, budding actors, and retirees enjoying coffee and French toast, unlikely revolutionaries plot the next major battle over the city’s future. Driving their rebellion is a proposal from the L.A. planning department that would allow greater density in the heart of Hollywood, a scruffy district that includes swaths of classic California bungalows and charming 1930s-era garden apartments.  read more »