After three decades of breakneck urban growth, there are indications of a significant slowdown in the largest cities of China. This is indicated by a review of 2014 population estimates in the annual statistical reports filed individually by municipalities with the National Bureau of Statistics. read more »
“Hey-hey, ho-ho, Western culture’s got to go.
– Slogan from 1988 Stanford University protest led by Jesse Jackson.
In the aftermath of San Bernardino and Paris massacres, our cognitive leaders – from President Obama on down – have warned Americans not to engage in what Hillary Clinton has described as “a clash of civilizations.” But you can’t have a real clash when one side – ours – seems compelled to demean its traditions and values. read more »
You want something truly scary? Take a look at these mockups of what San Francisco might look like if we build all the housing that the developers say we need.
According to writer Greg Ferenstein, read more »
“People rather than places” should be the focus of urban policy, according to Urban Economics and Urban Policy: Challenging Conventional Policy Wisdom. (paperback, Edward Elgar Publishing, 2015 $39.95). The book is among the most effective critiques of contemporary urban planning thought, characterized by such approaches as urban containment, compact city, and densification. The authors are Paul C. Cheshire, Max and Nathan and Henry G. Overman, all economists at the London School of Economics and Political Science. Cheshire has a long list of publications analyzing urban planning policy. The authors characterize the central thesis of urban planning’s misdirected priorities stating that:
"… that the ultimate objective of urban policy is to improve outcomes for people rather than places; for individuals and families rather than buildings."read more »
Every age produces its own brand of oligarchs – feudal lords, banking gnomes, captains of industry. Our age has its own incipient ruling class, the tech oligarchs. read more »
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 »
Rahm Emanuel, a man of obvious talent, drive, and leadership capacity, should have been an ideal person to run a big city like Chicago. Unfortunately, because of his stubborn unwillingness to admit and compensate for his flaws, that was not to be. After barely limping across the finish line in his re-election bid and tamping down the fallout from Moody’s downgrading the city’s debt to junk status, Emanuel has now been rocked by a truly huge scandal. 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 »
As 2015 wanes, many swimming in Florida’s new wave of growth are still being carried by a swift current. Everywhere one gazes, new apartments can be seen that accommodate some of the million-plus new residents who have moved here in the last five years. With over 140,000 people migrating to Florida from other states during 2014, and over 100,000 people moving to Florida from other countries, Florida’s GDP is predicted to have grown 3.2% in 2015, the highest in the country and well ahead of the national average. The tide has definitely come in.
For natives and long-term residents, it feels like everyone up north woke up one Tuesday morning and said, “Hey honey, let’s quit our jobs, move to Florida, and get an apartment overlooking the interstate.” From Tampa to Daytona, mid-rise wood frame structures loom over semi-trucks and cars that whizz by, a new voyeur culture in the making. read more »
At a recent breakfast in Washington, D.C., a rising young Republican senator explained the divisions in his party in a particularly succinct manner: a conflict between the donor base and the GOP rank-in-file.
“The donor class,” this senator told me, “really cares about one thing: lower taxes. Most in the party don’t see this as the most crucial issue.” read more »