Middle Class

LA’s Tale of Two Cities

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It’s the best of times and the worst of times in Los Angeles.

Los Angeles is now attracting notice as a so-called “global city,” one of the world’s elite metropolises. It is ranked #6 in the world by AT Kearney and tied for 10th in a report by the Singapore Civil Service College that I contributed to.  Yet it also has among the highest big city poverty rates in the nation, and was found to be one of the worst places in America for upward mobility among the poor. Newspaper columns are starting to refer to LA as a “third world city.”  read more »

Institution of Family Being Eroded

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Recent setbacks for social conservative ideals – most particularly on same-sex marriage – have led some to suggest that traditional values are passé. Indeed, some conservatives, in Pat Buchanan’s phrase, are in “a long retreat,” deserted by mainstream corporate America sporting rainbow logos. Some social conservatives are so despondent that they speak about retreating from the public space and into their homes and churches, rediscovering “the monastic temperament” prevalent during the Dark Ages.  read more »

Countering Progressives' Assault on Suburbia

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The next culture war will not be about issues like gay marriage or abortion, but about something more fundamental: how Americans choose to live. In the crosshairs now will not be just recalcitrant Christians or crazed billionaire racists, but the vast majority of Americans who either live in suburban-style housing or aspire to do so in the future. Roughly four in five home buyers prefer a single-family home, but much of the political class increasingly wants them to live differently.  read more »

Some Kindly Advice From an Old White Guy

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Last month I bought an old fixer-upper for $15,000 in Cincinnati. It was originally offered at $17,000, but I got the sellers down a bit. The place is a complete disaster. All the copper pipes and wires have been stripped out of the building. It hasn’t seen paint for decades. Every window and door needs to be replaced. The roof is shot. There’s no insulation of any kind. The yard is a mess. And there are plenty of similar houses in the neighborhood. So why exactly did I buy it? I’ll get to that in a minute.  read more »

Who Should Immigration be Helping?

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Recent revelations about the firing of American tech workers and their replacement by temporary visa holders reveal, in the starkest way, why many Americans are wary of the impact of untrammeled immigration. Workers in American companies have been removed from their jobs not because they could not perform them, but because their replacements, largely from India, are simply cheaper and, likely, more malleable.  read more »

The California Dream has Moved Away

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Southern California faces a serious middle income housing affordability crisis. I refer to middle income housing, because this nation has become so successful in democratizing property ownership that the overwhelming majority of middle income households own their own homes in most of the country.  read more »

Best Cities for Minorities: Gauging the Economics of Opportunity

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This is the overview from a new report, Best Cities for Minorities: Gauging the Economics of Opportunity by Joel Kotkin and Wendell Cox for the Center for Opportunity Urbanism. Read the full report here (pdf viewer).

This study provides an initial analysis of African-American, Latino and Asian economic and social conditions in 52 metropolitan regions currently and over the period that extends from 2000  to 2013. Our analysis includes housing affordability, median household incomes, self-employment rates, and population growth. Overall, the analysis shows that ethnic minorities in metropolitan regions with significant economic growth and affordable housing tend to do better than in other locations irrespective of the dominant political culture.  read more »

Who Benefits From Other People's Transit Use?

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In the May 11 issue of Finance and Commerce, Matt Kramer, a local Chamber of Commerce representative lobbying for additional public transit and transportation spending (currently being debated at the Minnesota Legislature) is quoted as saying “Every person who is riding transit is one less person in the car in front of us.”  read more »

21st Century California Careers

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California is undergoing profound change.  Most strikingly, people are leaving the Golden State, which was once the preferred destination of migrants worldwide.  California’s domestic migration has been net negative for over 20 years.  That is, for 20 years, more people have been leaving California for other states than have been arriving from other states.  The state’s population is only growing because of a relatively high birthrate, mostly among immigrants.  read more »

America’s Cities Mirror Baltimore’s Woes

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The rioting that swept Baltimore the past few days, sadly, was no exception, but part of a bigger trend in some of our core cities towards social and economic collapse. Rather than enjoying the much ballyhooed urban “renaissance,” many of these cities are actually in terrible shape, with miserable schools, struggling economies and a large segmented of alienated, mostly minority youths.  read more »