Los Angeles

The Next Housing Crisis

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Little over a decade ago, the housing sector almost brought down not only the American but the world economy. Today the reprise of the housing decline will be playing a very different tune.  read more »

Highest 2017 Home Ownership Rate in Grand Rapids, Los Angeles Last

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Home ownership is finally increasing in the United States, following the housing bust. The Census Bureau reports that 63.9 percent of households owned their own homes in 2017. This represents the first annual home ownership increase in more than 10 years, as a string of losses followed the housing bust after 2006. The home ownership rate has continued to increase, and stood at 64.4 percent in the third quarter of 2018.  read more »

The View from Hudson Street—With Thoughts on Science and Orthodoxy

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Two audacious quotes in planning literature underpin this article and substitute for an introduction:  read more »

Rooting for Scooters

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Expect to hear about folks in the Los Angeles area taking stands on the app-based, pay-by-the-mile electric scooters that seem to be scattered about the City of Angels in greater numbers by the day. Tough to tell how many, since scooter brands such as Bird are on a fast track that involves dropping scooters off on street corners, where customers take over, dispersing the two-wheelers without any set route or distribution plan involved.  read more »

Jonathan Gold’s Los Angeles

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The passing this week of Jonathan Gold, Los Angeles’s Pulitzer Prize-winning restaurant critic, reminded us of why we have lived in Southern California for more than four decades. When we arrived in L.A. in the 1970s—from New York and Montreal, respectively—the city was known largely for glitter and celebrities but little else.  read more »

Can Lebron James Make Los Angeles Great Again?

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With his decision to move to Los Angeles, LeBron James has given our metropolis another reason to feel good about itself. When it comes to sports, and celebrity, Los Angeles’ lead is only growing, as evidenced by the recent movement of two football teams to the area, the proposed construction of a new basketball facility for the Clippers and the winning of the 2028 Olympics games.  read more »

Blue-Collar Blues In The Southern California Job Market

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Every year over the past decade, in the Forbes’ annual “Best Places for Jobs” survey, we have been fortunate to assess Southern California’s economy and compare it to other large metropolitan areas. The results point to some strong points but also many long-term problems that regional leaders need to address.  read more »

Population Growth Slowing in Largest US Municipalities

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The 2017 Census Bureau population estimates shows that population growth in the nation’s largest municipalities (incorporated cities and equivalent) has declined substantially relative to the healthier gains posted earlier in the decade.  read more »

Poverty is Worse than Sprawl: California's Housing Affordability Crisis

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Rent control supporters in California recently announced that they have enough signatures to qualify a state proposition to remove limitations on municipalities to control rents. Their purpose is to improve housing affordability in the nation’s most unaffordable state. However, should the proposition pass, the net effect is likely to be less new rental housing, as investors are likely to flee the market, as they routinely have before.  read more »

Southern California’s Growing Demographic Dilemma

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For much of the past century, Southern California has been driven by ever increasing population growth. That area has now ended as the region’s demographics stagnate, a trend that, according to the latest Census numbers, is, if anything, accelerating.  read more »