Urban Issues

The Cost of NOT Housing: A New Report

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This is the introduction to an new report "The Cost of NOT Housing" authored by Joel Kotkin for the National CORE Symposium on Affordability of Housing. Download the entire report (pdf) here.

It is a commonplace view that housing does not contribute to the overall fiscal and economic condition of cities. Recent trends—both nationally and here in California—suggest that this is not the case. New housing, including affordable units, provide some direct stimulation through construction jobs, but also allow people, particularly young families, to stay, work and shop locally. Lack of affordable housing ultimately drives people, particularly the entry level and young educated, out of regions where their labor would be coveted by local companies.  read more »

Suburbs (Continue to) Dominate Jobs and Job Growth

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Data released by the federal government last week provided additional evidence that the suburbs continue to dominate metropolitan area population growth and that the biggest cities are capturing less of the growth than they did at the beginning of the decade.  read more »

So Much for Peak Driving (VMT)

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So much for peak VMT. The planners and analysts who watched vehicle miles traveled (VMT) trends seemingly peak are no doubt anxious as the preliminary 2015 VMT numbers produced by the U.S. Department of Transportation showed new record total VMT well ahead of the 2007 number that many had hoped signaled peak U.S. VMT. Perhaps even more disconcerting was the sharp increase in per capita VMT, up approximately 2.6 percent for 2015.  read more »

Murbanism (Mormon Urbanism)

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I coined the portmanteau murbanism some years ago on a trip to Salt Lake. Mormon urbanism is shorthand for a theory I have about adaptation and resilience. The term connotes a place that has all the qualities that should result in long term failure, but will probably thrive because of the local culture. Murbanism doesn’t necessarily have to involve a single Mormon. Let me explain…  read more »

Subjects:

The Best Small And Medium-Size Cities For Jobs 2016

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When we look at how the U.S. economy is performing, we usually focus on the largest metropolitan areas. But some 29% of non-farm jobs in the U.S. are in small and midsize metro areas. And since they tend to be less economically diverse and more volatile, these metro areas often are where we can more clearly see the fissures in the economy — the sectors that are growing, and which are shrinking.  read more »

New York's Incredible Subway

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The New York subway is unlike any other transit system in the United States. This system extends for 230 miles (375 kilometers) with approximately 420 stations. It serves the four highly  dense boroughs of the city (Manhattan, Brooklyn, Queens and the Bronx), each of which is 20 percent or more denser than any municipality large municipality in the United States or Canada.  read more »

Developing Economies Dominate Per Capita GDP-PPP Growth

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The world’s developing economies have dominated purchasing power economic growth over the last 35 years, according to the most recent gross domestic product (GDP-PPP) per capita data from the International Monetary Fund (IMF). This article summarizes economic growth for three periods, including from the earliest IMF data (1980 to 2015), the intermediate 2000 to 2015 period and the more recent 2010 to 2015 timeframe.  read more »

California’s High-Speed Rail Authority Wins Dishonor of the California Golden Fleece Award

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The California High-Speed Rail Authority (CHSRA) has won the Independent Institute’s first California Golden Fleece Award for its lack of transparency and history of misleading the public about key details of the state’s “bullet-train” project, which no longer reflect what voters approved in 2008.  read more »

The Best Cities For Jobs 2016

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While speculation is mounting that they’re overheating, the tech boom is still creating jobs at a rapid pace in the Bay Area and Silicon Valley, placing them atop our annual assessment of The Best Cities For Jobs for the third year in a row. A number of secondary tech centers are posting strong growth as well on the back of the boom, as well as spillover from Northern California as high prices push expanding companies and startups to locate elsewhere.  read more »

Manhattan Ultra-Luxury ‘Battling the Serpent of Chaos’

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The deceleration of China and resulting commodities crash have created a problem for developers of ultra luxury condominiums.

The ancient Egyptians believed that the sky was a solid dome, the belly of the goddess Nut who arched her body from one side of the horizon to the other. Every day, the sun god Ra emerged in the east and sailed in his boat across the sky until dusk when he disappeared in the west by dipping below the surface of Nun, the ocean upon which the whole flat earth floated.  read more »