Homebuyers Confront China Syndrome


China has hacked our government, devastated or severely challenged our industries and enjoyed one of the greatest wealth transfers in history – from our households to its. China also benefits from by far the largest trade surplus with the United States and also owns 11 percent of our national debt.

Sometimes it seems to be increasingly China’s world, and we just happen to live in it. Some, such as columnist Thomas Friedman and Daniel A. Bell, author of the newly published “The China Model,” even suggest we adjust our political system to more closely resemble that of the Chinese.  read more »

Aging America: The U.S. Cities Going Gray The Fastest


For years we have been warned about the looming, profound impacts that the aging of the U.S. population will have on the country. Well, the gray wave has arrived. Since 2000, the senior population has increased 29% compared to overall population growth of 12%. The percentage of Americans in the senior set has risen from 12.4% to 14.1%, and their share of the population is projected to climb to 19.3% by 2030. There are two principal causes for this: the baby boom generation is reaching 65 years old, while the U.S.  read more »

Is the Census Bureau On Track For Another Estimating Fiasco?


When the 2010 Census results were released, a number of big cities had populations that were very off from what would have been expected based on the Census Bureau’s previous annual estimates of the population – sometimes grossly so.  Some of these were related to cities that had challenged the estimates and had adjustments made in their favor, such as Cincinnati and St. Louis. Given that the Census Bureau seems to have approved every challenge, bogus challenges were all but encouraged.  Still, there were significant variances in cities that didn’t challenge the Census, such as Chicago and Phoenix.   read more »

Distortions and Reality about Income Mobility


A ground-breaking study of intergenerational income mobility has the enemies of suburbia falling all over themselves to distort the findings. The study, The Spatial Impacts of Tax Expenditures: Evidence from Spatial Variation Across the U.S. (by economists Raj Chetty and Nathaniel Hendren of Harvard University and Patrick Kline and Emmanuel Saez of the University of California, Berkeley). Chetty, et al.  read more »

As the North Rests on Its Laurels, the South Is Rising Fast


One hundred and fifty years after twin defeats at Gettysburg and Vicksburg destroyed the South’s quest for independence, the region is again on the rise. People and jobs are flowing there, and Northerners are perplexed by the resurgence of America’s home of the ignorant, the obese, the prejudiced and exploited, the religious and the undereducated.  read more »

Density is Not the Issue: The Urban Scaling Research


The "urban scaling" research of Geoffrey West, Luis Bettencourt, Jose Lobo, Deborah Strumsky, Dirk Helbing and Christian Kuhnert on cities has attracted considerable attention (references below). They have provided strong quantitative evidence, based upon voluminous econometric analysis that cities tend to become more efficient as they grow in population.  read more »

Housing Affordability Protests Occurring in "Livable" Hong Kong, Not "Sprawling" Atlanta


The Economist has published another in its city rating series, under the headline "The Best city in the World." This one was the result of a contest examining ways to elaborate on its rating system. The winner, Filippo Lovato, added a spatial dimension to the ratings, which included a 5 point rating of "sprawl," a pejorative term for the natural expansion of cities (which in this article means urban areas, areas of continuous urban development).  read more »

The Atlanta Transportation Tax: Too Much for Too Little


On July 31, voters in a 10 counties of the 28 county Atlanta metropolitan area will vote on whether to raise the sales tax by one cent for $8 billion in transit and highway projects over 10 years. The measure is highly tilted towards transit spending. Sadly, this would do virtually nothing to reduce Atlanta's traffic or its travel times.  read more »

The Shifting Landscape of Diversity in Metro America


Census 2010 gave the detail behind what we’ve known for some time: America is becoming an increasingly diverse place.  Not only has the number of minorities simply grown nationally, but the distribution of them among America’s cities has changed. Not all of the growth was evenly spread or did it occur only in traditional ethnic hubs or large, historically diverse cities.  read more »

Major Metropolitan Commuting Trends: 2000-2010


As we indicated in the last article, solo automobile commuting reached an all time record in the United States in 2010, increasing by 7.8 million commuters. At the same time, huge losses were sustained by carpooling, while the largest gain was in working at home, which includes telecommuting. Transit and bicycling also added commuters.  This continues many of the basic trends toward more personalized employment access that we have seen since 1960.  read more »