Public transit systems intend to enhance local economies by linking people to their occupations. This presents problems for many low-income families dependent on transit for commuting. With rising prices at the gas pump, much hope has been placed on an influx of investment into public transit to help low-income households. But does public transit really help the poor? read more »
Nothing. Seriously. Not a damn thing.
Oh, the occasion is being used to opine on our state of affairs, but nothing is structurally taking shape in America to prevent the next Detroit from occurring. In fact, Detroit is occurring every day inside most of us. We are all getting bankrupt in so many little ways. read more »
Members of the millennial generation – born between 1982 and 2003 – carry a student debt burden of close to one trillion dollars. This is the group that includes many just entering the stage in life when people tend to settle down and start families. Even though Millennials are marrying later than previous generations, they would still be the prime market for sales of single family starter homes, if only they could afford them. read more »
In the 1950s and 1960s, Southern California was ground zero for the "American Dream" of owning a house. From tony Newport Beach and Bel-Air to the more middle-class suburbs of the San Fernando Valley and Garden Grove to working-class Lakewood, our region created a vast geography of opportunity for prospective homeowners. read more »
August 9th is National Day in Singapore, and it is accompanied by both public and private celebrations. From my family’s flat in the public housing estate of Hougang, we can hear the roar of jet planes over our heads as they make their way to the National Day Parade grounds for a fly-past and appear shortly before our eyes on the television screen. read more »
In the housing industry, land planners are the first to be dropped during a downturn… and the first needed in an upturn. A good way to monitor the optimism of the housing development market is to monitor the volume of land planning.
The land plan is the beginning of a long and arduous process. Unlike architecture, which is relatively quick from design to construction, land planning takes patience. It can easily consume a year or two (or more) for a US neighborhood to go from the initial design stages to the beginning of construction. read more »
Eurostat, the statistical agency of the European Commission (European Union) now designates metropolitan areas (Note) for the European Union (EU) and the European Three Trade Association (EFTA). The EU has 28 members, having just added Croatia, while the EFTA has 4 members. read more »
There are two deep-blue regions that are critical to the Obama administration: the Northeast and the coastal region between San Jose and Seattle that truly deserves the moniker of the Left Coast. They dominate the Democratic donor list, and provide the administration with most of its appointees and much of its ideological moorings. read more »
When the 2010 Census results were released, a number of big cities had populations that were very off from what would have been expected based on the Census Bureau’s previous annual estimates of the population – sometimes grossly so. Some of these were related to cities that had challenged the estimates and had adjustments made in their favor, such as Cincinnati and St. Louis. Given that the Census Bureau seems to have approved every challenge, bogus challenges were all but encouraged. Still, there were significant variances in cities that didn’t challenge the Census, such as Chicago and Phoenix. read more »
For a generation, most Americans, whatever their politics, have largely admired Silicon Valley as an exemplar of enlightened free-market capitalism. Yet, increasingly, the one-time folk heroes are beginning to appear more like a digital version of President George W. Bush's “axis of evil.” In terms of threats to freedom and privacy, we now may have more to fear from techies in Palo Alto than the infinitely less-competent retro-Reds in North Korea. read more »