Nov. 25, 2019: The brokerage firm Charles Schwab announced today it would acquire TD Ameritrade in a $26 billion deal and as part of the transaction Schwab will move its headquarters to the Dallas-Forth Worth area. read more »
San Francisco
Unsustainable California
The recent rash of fires, like the drought that preceded it, has sparked a new wave of pessimism about the state’s future. But the natural disasters have also obscured the fact the greatest challenge facing the state comes not from burning forests or lack of precipitation but from an increasingly dysfunctional society divided between a small but influential wealthy class and an ever-expanding poverty population. read more »
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The Expanding and Dispersing San Francisco Bay Area
This decade has witnessed an unprecedented expansion of the Greater San Francisco Bay Area (the San Jose-San Francisco combined statistical area or CSA), with the addition of three Central Valley metropolitan areas, Stockton, Modesto and Merced. Over the same period, there has been both a drop in the population growth rate and a shift of growth to the Central Valley exurban metropolitan areas. read more »
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California's Man-made Power Outages
Californians are mired in a conundrum of conflicting goals to accommodate its growing population, its growing number of registered vehicles, the need for more housing to accommodate its growth, and the unrestricted growth of its forests where much of the housing is encroaching. read more »
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Even Before the Blackouts, Most Californians Considered Leaving
For virtually all of its history from statehood in 1850 to 2000, California was a magnet drawing households from the rest of the United States for better lives. Indeed, in a nation that had its "American Dream," California had its own "California Dream." There was no Oregon dream, despite its mountains , seashore and proximity to California, nor was there a Maine or South Carolina dream. read more »
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Of Niche Markets and Broad Markets: Commuting in the US
The six transit legacy cities - mostly urban cores that grew largely before the advent of the automobile - increased their concentration of transit work trips to 57.9% of the national transit commuting, according to the 2018 American Community Survey. At the same time, working at home strengthened its position as the nation’s third leading mode of work access, with transit falling to fourth. The transit commuting market share dropped from 5.0% in 2017 to 4.9% in 2018. read more »
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Around San Francisco’s New South of Market Transit Center
In the 1980s, the city of San Francisco experienced a strong reaction against continued development of its dense financial center skyscraper district north of Market Street. that the term Manhattanization was popularized by the alternative biweekly, San Francisco Bay Guardian, which channeled the interest of many residents to preserve both their neighborhood and the iconic, historic buildings in downtown San Francisco before they were replaced by new, taller structures. read more »
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The Regression of America’s Big Progressive Cities
If there’s anything productive to come from his recent Twitter storm, President Trump’s recent crude attacks on Baltimore Congressman Elijah Cummings have succeeded in bring necessary attention to the increasingly tragic state of our cities. Baltimore’s continued woes, after numerous attempts to position itself as a “comeback city,” illustrates all too poignantly the deep-seated decay in many of our great urban areas. read more »
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Beyond Beer, Bread and Bicycles: The Industrial Return To the City
In San Francisco, the former site of the Hunters Point shipyard is now being developed with over 10,000 units of housing, 2.6 million square feet of office and R&D space, and about a half million square feet of retail. The project will also include about 75,000 square feet of maker space, or less than 1% of the total building area, most of which will probably go to artisanal firms making food, fashion and furnishing, things like beer, bread and bicycles, sold to the upscale consumers of the region. read more »
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The Mines
There’s a literary trope in which an ambitious young man goes to work in the mines for a few years to earn an income with which to go back home. In the US it’s bundled into narratives of the Wild West (where incomes were very high until well into the 20th century), but it also exists elsewhere. For example, in The House of the Spirits, the deuterotagonist (who owns an unprofitable hacienda) works in the mines for a few years to earn enough money to ask to marry a society woman. read more »
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