From steamy Miami to the thriving cores of cities from New York, San Francisco, Houston and Chicago, swank towers, some of them pencil thin and all richly appointed. This surge in the luxury apartment construction has often been seen as validation of the purported massive shift of population, notably of the retired wealthy, to the inner cities. Indeed with the exception of a brief period right after the Great Recession, there was slightly greater growth in core cities than the suburbs and exurbs. It was said that we were in the midst of a massive “return to the city.” read more »
Luxury Urban Housing, Built on a Myth, Is About to Take a Big Hit
- Login to post comments
Finally! Great New Affordable Bay Area Housing!
These are highly educated well paid workers at a San Francisco tech company. They’re mostly young. Some are single. Some are newly coupled. Some are married with young children. There are exceptions, but they tend to want to live in a vibrant urban neighborhood with a short commute rather than a distant suburb. read more »
Best World Cities for Traffic: Dallas-Fort Worth, Kansas City, Indianapolis and Richmond
The 2015 Tom Tom Traffic Index shows that Dallas-Fort Worth has the least overall congestion among world (urban areas) with more than 5,000,000 population. The Tom Tom Traffic Index for Dallas-Fort Worth is 17, which means that, on average, it takes 17 percent longer to travel in the urban area because of traffic congestion. read more »
- Login to post comments
Trump's Industrial Belt Appeal
In his still improbable path to the White House, Donald Trump has an opening, right through the middle of the country. From the Appalachians to the Rockies, much of the American heartland is experiencing a steady decline in its fortunes, with growing fears about its prospects in a Democratic-dominated future. This could prove the road to victory for Trump. read more »
Extending the Reach of Smart Cities
What distinguishes a ‘smart city’ from one that merely possesses smart technology? At the basic level, ‘smart’ implies a threshold level of technology uptake. Cities with fast internet, straddling buses, and driverless police cars could be considered smart. However, if technology is the only prerequisite, smart is neither revolutionary nor interesting. It is time to move towards a more enlightened understanding of what makes a city smart. read more »
- Login to post comments
A 'Diet' to Give California Drivers Indigestion
In the past, it was other people’s governments that would seek to make your life more difficult. But increasingly in California, the most effective war being waged is one the state has aimed at ourselves. read more »
- Login to post comments
Chicago Is the Duck-Billed Platypus of American Cities
Census results last week show Chicago as the only one of the twenty largest cities in America to lose population. The freaking out over a tiny loss isn’t really warranted. The comparison to Houston is bogus. Etc, etc. Yet Chicago’s leaders have refused to grapple with the real and severe structural and cultural challenges that face the city. That’s something they need to do if they want it to succeed over the longer term. read more »
- Login to post comments
SF Vs LA: Different Strokes In Urban Development
Book Review: "The Rise and Fall of Urban Economies: Lessons from San Francisco and Los Angeles." Michael Storper, Thomas Kemeny, Naji P. Makarem and Taner Osman; Stanford University Press, 2015.
How and why do places differ in their pace of economic development? Why do some flourish while others lag? These are among the most profound questions in economics and related fields. Are explanations found in geography, culture, institutions, or fortune? read more »
- Login to post comments
Can Southland be a 'New York by the Pacific'?
Throughout the recession and the decidedly uneven recovery, Southern California has tended to lag behind, particularly in comparison to the Bay Area and other booming regions outside the state. Once the creator of a dispersed, multipolar urban model – “the original in the Xerox machine” as one observer suggested – this region seems to have lost confidence in itself, and its sense of direction. read more »
- Login to post comments
The Cost of NOT Housing: A New Report
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 »
- Login to post comments