Urban Issues

This article expands on the 2000 to 2019 state net domestic migration data from last week, covering the 110 metropolitan areas with more than 500,000 residents (Note). The big surprise may be that the largest proportional outflow of net domestic migrants, outside Hurricane Katrina ravaged New Orleans was San Jose, the nation’s most affluent metropolitan area and perhaps the wealthiest in the world. In both cases, many more people left in the first 10 years than since 2010.  read more »

One of the toughest challenges in real estate is revitalizing urban boulevards. There are dozens of plans for remaking these, but very few of these plans have actually sparked much private investment back of the curb line, and the reason is that in most cases these streets are simply so big and busy that people don't want to live or shop along them. It's time to use a new strategy, one of building at right angles to them, and of re-attaching underused land to the surrounding neighborhoods.  read more »

America is still a mobile nation. Back in the 2000-2010 decade, 12.9 million people moved interstate, nearly five percent of the total population. In the 2010s the population has been a bit less mobile, with net domestic migration of 11.7 million residents, slightly under four percent. Nonetheless, 11.7 million is a large number. This is nearly equal to the population of Ohio, with only five states being larger  read more »

A recent blog post by investor and stand-up comedian James Altucher (mentioned here) arguing that New York is dead forever attracted the hostility of many New Yorkers. Fellow comedian Jerry Seinfeld wrote a New York Times op-ed calling Altucher a “whimpering putz.” Mayor De Blasio, naturally, agrees with Seinfeld.  read more »

Rarely has the question of where, why and how people will live, work and play been so important, as the impact of COVID-19 begins to transform the demand and supply equation across the Australian property market.  read more »

Walking has been having a moment for a while now. Books and research have been proliferating about the joys and benefits of walking, which include cultural exchange, spiritual enlightenment, and cognitive and creative benefits.  read more »

Last week a friend asked me for help in his back garden. This is the first time he’s owned a proper home rather than a condo and he’s not sure how to manage the yard. We’re in a part of the world where it doesn’t rain for most of the year and hand watering gets old fast. I brought over samples of the irrigation tubes and drip emitters I like to use and walked him through the installation process.  read more »

In 2012 I started my career as a structural engineer in the industrial suburbs of Johannesburg. This was my first job after completing my studies and the only rent that I could afford was a granny flat in the backyard of a property that belonged to an old Zimbabwean couple named Archie and Gayle. They were by then in their late 70s and they were still working to earn a living.  read more »

The Great American Land Rush of 2020 is underway in many metro areas across the country. Large numbers of American workers are untethered from a central office. As a result many are moving to less dense areas with less expensive land (and homes) and more of both. The greater New York City and Los Angeles metros are the hardest hit. Take NYC where single-family residential land per acre is 24 times as expensive in the densest quintile of zip codes as compared to the least dense quintile ($3.06 million vs. $129,000).  read more »

Protests have spread across the United States for months now, along with calls for defunding local police departments. But the movement to defund police has a crucial flaw: the policy that it seeks would harm the minority communities whom the protesters claim to care about. Moreover, those communities don’t even agree with it.  read more »