Housing affordability is what largely drives the standard of living the United States. The 14th Annual Demographia International Housing Affordability Survey showed that, in 2016, there was a 0.83 correlation between the housing unaffordability, measured by the Median Multiple (median house price divided by median household income) and the composite cost of living (Note 1) for households entering the housing market in the 107 metropolitan areas with more than 500,000 residents (Note 2). read more »
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Housing Affordability Drives the Cost of Living
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Will Race Issues Destroy America?
Immigration and diversity represent both America’s greatest weapon and, increasingly, a lethal challenge to our democracy. The debate over the “dreamers” — the roughly 700,000 young people brought to the country illegally — has already caused one government shutdown and can lead to others. read more »
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Localism in America: Why We Should Tackle Our Big Challenges At The Local Level
Localism in America, a compilation of essays from the American Enterprise Institute and the Center for Opportunity Urbanism, explores the merits of local governing and how reinvigorating local solution-making is best for American democracy as a whole. Read an excerpt from the introduction, authored by Joel Kotkin and Ryan Streeter, below. read more »
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Autonomous Cars Are About To Transform The Suburbs
Suburbs have largely been dismissed by environmentalists and urban planners as bad for the planet, a form that needed to be eliminated to make way for a bright urban future. Yet, after a few years of demographic stultification amid the Great Recession, Americans are again heading to the suburbs in large numbers, particularly millennials. read more »
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New York’s Tech Sector Gobbling Up Real Estate
Google, which already owns a gigantic building in Manhattan, is buying Chelsea Market for $2.4 billion. The NYT article about this gives some insight into the very strong growth of the tech sector in NYC. read more »
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From Disruption to Dystopia: Silicon Valley Envisions the City of the Future
The tech oligarchs who already dominate our culture and commerce, manipulate our moods, and shape the behaviors of our children while accumulating capital at a rate unprecedented in at least a century want to fashion our urban future in a way that dramatically extends the reach of read more »
Getting On The Road To Republican Resurgence
In his bitter attack on the new budget agreement, Sen. Rand Paul, R-Kentucky, stumbled on the reality of his party’s grim identity crisis. Since the Reagan era, the GOP represented a convergence of corporate interests, social conservatives and free market libertarians. read more »
Olympics Transportation: The L. A. Times Needn’t Worry
The Trump Infrastructure plan has finally been released. The critics are out in force, especially those with particular interest in rapid transit. The plan would reduce funding to the federal “new starts” program, which provides funding for new urban rail and busway systems. The Los Angeles Times editorial board expressed angst at this proposal. According to The Times, the "…public transit building boom in L.A. read more »
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Confessions of a Rust Belt Orphan (How I Learned to Stop Worrying and Love Northeast Ohio)
Go to sleep, Captain Future, in your lair of art deco
You were our pioneer of progress, but tomorrow’s been postponed
Go to sleep, Captain Future, let corrosion close your eyes
If the board should vote to restore hope, we’ll pass along the lie
-The Secret Sound of the NSA, Captain Future
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Inclusionary Zoning Flops in Portland
As the price of housing continues to rise in many cities, one popular progressive policy idea to address it is inclusionary zoning. Inclusionary zoning requires that a certain percentage of units in a building be priced at below market, targeted at people who earn some fraction of the area median income. Often this set aside is required in exchange for density bonuses or other things the developer might want. read more »
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