America is suffering from the severest undersupply of housing since the end of the Second World War. Although population growth has slowed significantly since the 1950s and 1960s, production has slowed down even more so. It’s not surprising that homebuilding declined after the housing bubble burst in 2008, but from 2011 to 2015 it continued to fall, dropping almost a quarter. read more »
New York City has prospered since the great recession of 2008, buoyed by an endless supply of free money from Washington that's elevated the stock and real estate markets. But the broader metro region has struggled, in an ominous sign of tougher times to come.
Little acknowledged in the discussion of New York's "tale of two cities" is something beyond the control of Mayor de Blasio: the fading of the city's once-thriving suburbs, even as the city grows more populous and more expensive. read more »
It’s Black Friday and I thought I’d do something out of character for me, but entirely in keeping with the season. I went to a shopping mall. For those of you not used to the customs of the United States, the day after Thanksgiving is the official start of the Christmas present purchasing period. Most people have off from work, kids don’t have school, so everyone hits the malls. read more »
American cities seemed to be re-centralizing in the years immediately following the Great Recession, but new American Community Survey data indicates that, contrary to conventional wisdom, Americans continue to disperse though at a much reduced rate. The Census Bureau has just released the five year American Community Survey (2010-2014) small area data used by the City Sector Model to report on population trends within functional sectors of metropolitan areas. read more »
A study released a few weeks ago, conducted by Anne Case and Angus Deaton, documented a significant increase in the death rate among the white working class in the US, much of it due to suicide and substance abuse. In one interview about the report, Deaton suggests that the reason for the increase is the increasing economic insecurity this group faces. As he told Vox’s Julia Bellus, they have “lost the narratives of their lives.” Not surprisingly, op-eds flew right and left about this report, from Rod Dreher in The American Conservative and R.R. Reno in First Things to Paul Krugman in the New York Times and Harold Meyerson in the Washington Post. This study is the latest contribution to an expanding public discussion about changes in white working-class culture, which Jack Metzgar has traced in a series of posts here about books by Andrew Cherlin, Robert Putnam, and others. read more »
When I arrived in Los Angeles four decades ago, it was clearly a city on the rise, practicing its lines on the way to becoming the dominant metropolis in North America. Today, the City of Angels and much of Southern California lag behind not only a resurgent New York City, but also L.A.’s longtime regional rival, San Francisco, both demographically and economically. read more »
I was in Oklahoma City for the first time earlier this year. I got to see a lot of the things I’d heard about, such as the in-progress Project 180, a $175 million plan to rethink and rebuild every downtown street. read more »
Large declines in fertility will depend on raising female literacy above 80%.
Every few years, the United Nations Population Division releases demographic projections for the entire world and for every country, region and continent. Although the UN’s database is the most used source on demographics, the data is not equally reliable for all countries. read more »
The refugee crisis facing Western nations has begun to peak both demographically and politically. The United Nations has reported that more than 6.5 million Syrians have fled to neighboring countries and Europe, and even nations that until recently welcomed refugees are frantically trying to change immigration policy or protect borders. read more »
There is a growing body of research on the consequences of excessive land use regulation. The connection between excessive land use regulation and losses in housing affordability, has been linked to the doubling or tripling of house prices relative to incomes in places as diverse as Hong Kong, the United States, Canada, Australia, New Zealand and the United Kingdom. read more »