In its State of the Population report in 2007, the United Nations Population Fund made this ringing declaration: “In 2008, the world reaches an invisible but momentous milestone: For the first time in history, more than half its human population, 3.3 billion people, will be living in urban areas.” read more »
Citizens in Australia’s major cities are becoming increasingly unhappy about what they perceive as the escalating deterioration in their quality of life - traffic congestion, overloaded public transport, unaffordable housing for young people, increases in the costs of basic services and overcrowding. There is little doubt that recent election results and unfavourable opinion polls are partly an expression of this dissatisfaction. read more »
The suburbs of major metropolitan areas captured the overwhelming majority of population growth between 2000 and 2010, actually increasing their share of growth, as has been previously reported. However, it is often not understood that much of the recent central city (Note 1) growth has actually been suburban in nature, rather than core densification. In fact, historical core cities (Note 2) vary substantially. read more »
Long overdue rapid transit service from Washington DC to Dulles airport is now under construction. The Dulles Corridor Metrorail Project, known as the Silver Line, may seem like it was an obvious choice as a way to improve the region's public transportation. Construction began in March 2009, and service is expected to begin by 2013. As those who have used bus service from the DC area to the airport can attest, the current system — a regular city bus equipped with luggage racks — is inadequate. The buses are low capacity, and are not designed for highway driving. read more »
We are going to need less commercial real estate in the future, at least on a per-unit-of-population basis. Advances in communications technology are causing profound and sometimes unanticipated changes in our lives.
The coming change is most obvious in retail markets. Americans are increasingly shopping online. However, we’ve really just started to scratch the surface. According to the U.S. Census Bureau’s 2009 E-Stats report issued in May, 2011, E-commerce only accounted for 3.99 percent of U.S. retail sales in 2009. read more »
I was recently asked to outline my thoughts on how the Queensland urban landscape might look 40 to 50 years from now. Go on, you can laugh. I did too. It’s hard enough to forecast the next 12 months, let alone two generations away, but I’ve given it a go, of sorts, so here it is: read more »
The price of bananas is again making headlines as it pushes up inflation and threatens rising interest rates. But what’s the price of the humble ‘nana got to do with property markets? Plenty.
Banana prices have risen almost 500% since Cyclone Yasi wiped out much of north Queensland’s banana crop earlier this year. The immutable laws of supply and demand dictate that when supply falls relative to demand, prices will rise. read more »
The proposition is simple, if not overwhelming. If we want sustainable cities – however you define “sustainable” – we had better put some effort into the quality of suburban life. We need to get over denigrating suburbs and sprawl. That simply ducks the issue of where and how most people spend most of their time. We need to moderate a preoccupation with promoting CBD and big centre lifestyles. Those are places that people want visit, but not necessarily where they want to live. read more »
In recent years, homeowners have been made to feel a bit like villains rather than the victims of hard times, Wall Street shenanigans and inept regulators. Instead of being praised for braving the elements, suburban homeowners have been made to feel responsible for everything from the Great Recession to obesity to global warming. read more »
How can we prevent situations where environmental 'solutions’ end up in failure? The tale of problems encountered with the misuse of pervious pavers (also known as porous or permeable pavers), used as an eco- friendly option, provides some answers. read more »