The pejoratively named “trickle-down economics” was the idea that by giving tax breaks to the wealthy and big business, this would spur economic growth that would benefit those further down the ladder. I guess we all know how that worked out. read more »
Besides his history-making embrace of full equality for gays and lesbians, the most surprising part of President Barack Obama’s Second Inaugural Address may have been the emphasis placed on dealing with the challenge of climate change. The president devoted almost three whole paragraphs, more than for any other single issue, to the topic. read more »
After over 500 murders in Chicago in 2012, the Windy City’s violence epidemic continues – 2013 saw the deadliest January in over a decade – and continues to make national news. The New York Times, for example, ran a recent piece noting how Chicago’s strict gun laws can’t stem the tide of violence. read more »
“It took a bit of wind out of my sails, watching what happened in this neighborhood, watching how it happened…I don’t know how to beat this [gentrification]. I don’t know how anyone can beat this machine.”—From the article The Ins and Outs
The Generalization of Gentrification read more »
For twenty years British house building has fallen behind demand, forcing up prices and rents. Here's a series of photos showing some of the things people have had to do to live.
Victoria Campbell was living in a shed in her parents' garden in Havant, while she and her fiance saved up for a deposit, but the Council has told her that she has to move out. read more »
Only a fool, or perhaps a politician or media pundit, would say California is not in trouble, despite some modest recent improvements in employment and a decline in migration out of the state. Yet the patient, if still very sick, is curable, if the right medicine is taken, followed by the proper change in lifestyle regimen. read more »
Recently the Detroit Works Project released their long awaited strategic plan for the city. This is the one led by Toni Griffin that produced a lot of public controversy because of suggestions it would result in the planned shrinkage or decommissioning (or even forced residential relocations) in sparsely populated neighborhoods. read more »
Demographic and Economic Challenges: The 9th Annual Demographia International Housing Affordability Survey
The just released 9th Annual Demographia Housing Affordability Survey (pdf) indicates that housing affordability has deteriorated modestly in the last year. A number of major metropolitan areas remain severely unaffordable.
Highlights: Metropolitan Areas
Among the 337 Metropolitan markets analyzed, Hong Kong remained the most unaffordable, with a median multiple (median house price divided by pre-tax median household income) of 13.5, up nearly a full point from last year's 12.6. read more »
Given its legacy of shrinking, the Rust Belt has issues. The issues arose naturally, and relate to the fact things leave, or that so much has left. Particularly, when things leave, the mind—both the individual and the collective city mind—can get protective and restrictive. Neediness arises. The smell of desperation ensues like a pall that can tend to hang over cities, influencing decision making on all levels.
Enter “brain drain”, or that term coined to refer to the outmigration of an area’s educated citizens, particularly it’s young. read more »
Recent reports of America’s sagging birthrate ‑ the lowest since the 1920s, by some measures ‑ have sparked a much-needed debate about the future of the American family. Unfortunately, this discussion, like so much else in our society, is devolving into yet another political squabble between conservatives and progressives. read more »