What is Middle-Income Housing Affordability?

subcities.jpg

Few local or metropolitan issues receive more attention than housing affordability. This article provides a perspective on housing affordability. The focus is on the approach used by the Demographia International Housing Affordability Survey, which I co-author annually with Hugh Pavletich (of performanceurbanplanning.org). The Demographia Survey has been published for 14 years.  read more »

Superstar Effect, Harvard Graduate Edition

33294174215_eef06ecc79_z.jpg

The Harvard Crimson just published a piece on where the Harvard class of 2018 is going after graduation.

22% of them are going to New York (state I believe), 20% to Massachusetts, and 15% to California. The next biggest destination is Washington, DC at 4.9% (District of Columbia only?)  read more »

Subjects:

Patriarchy Or No, It’s Good To Have Dad Around On Father’s Day

baby-child-father-451853 (1).jpg

This Father’s Day takes place amid growing assault on what is widely called “patriarchy.” In the era of #MeToo-inspired militant feminism, it’s become increasingly fashionable to reject maleness and castigate fatherhood, as largely irrelevant and even damaging.  read more »

Hooked on a Feeling: Unique Experiences Help Fill Wisconsin’s Talent Pipeline

35007632290_68cec6b281_z.jpg

By all measures economists use to assess the quality of life a place offers—job availability, cost of living, commute times, recreation, etc.—Wisconsin stacks up pretty well. Very well, in fact. Problem is, people don’t consult economists when choosing the best place to pursue their passions. As CEO of NEWaukee, I devote my professional life and much of my personal life to promoting Milwaukee and Wisconsin as a career and lifestyle destination.  read more »

The Atavist’s Guide to Navigating the Future

screen-shot-2018-05-30-at-1-33-20-pm.jpg

I was streaming “Killing Eve” on BBC America last night when the internet got glitchy. The picture sporadically pixilated and the audio became garbled for a few minutes at a time. Then the streaming would crash and need to be restarted again. I also noticed there were as many commercials on a streaming service as with broadcast TV. Someone has to pay for these shows and that business model hasn’t changed since the early days of radio.  read more »

Subjects:

Housing Affordability from Vancouver to Sydney to Toronto: Time to Do What Works

DSC00235.JPG

The front page of The Wall Street Journal cited the difficulty of cities (Note 1) trying to stop the escalation of house prices “Western Cities Try, and Fail, To Slow Chinese Home Buying.” The more descriptive online headline said: Western Cities Want to Slow Flood of Chinese Home Buying. Nothing Works: Governments from Vancouver to Sydney to Toronto are using taxes and other restrictions to tackle real-estate bubbles.  read more »

Taking a Ride on Uber Express Pool

40834812504_0dfe369dd9_z.jpg

Over the past few weeks, ridesharing in the United States has rolled in an important new direction: Uber has expanded “Uber Express Pool” to twelve urbanized areas: Atlanta, Boston, Chicago, Denver, Los Angeles, Miami, Philadelphia, San Diego, San Francisco, Washington D.C., Seattle and northern New Jersey. The new service, like Uber Pool, provides customers with a lower fare in exchange for accepting other pick-ups and drop offs along the way.  read more »

Vermont Subsidizes Remote Workers to Move to the State

640px-ConstitutionHouse_WindsorVermont-300x225.jpeg

Vermont, like many states, is suffering from demographic challenges. It has the fourth slowest population growth of any state since 2000. It has the lowest share of its population who are children under 18 (if you exclude the District of Columbia, a “city-state” from the figures). Vermont is also impeccably progressive, has many quaint cities and towns, and is known for natural beauty. None of these factors has driven population growth there.  read more »

Blue-Collar Blues In The Southern California Job Market

LA_freeway_2009.jpg

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 »

The Middle East Could Use Less Warfare and More Capitalism

1200px-Skyline_of_Tel_Aviv_(34324506705).jpg

Jet fighters, smart bombs, terrorism and ethnic cleansing have not exactly improved the Middle East. Yet the perennial world trouble spot is not without resources — an increasingly educated population, massive energy resources and ample capital — but still suffers economically, with the world’s worst unemployment rates.  read more »