Housing

In a recent YouTube video Avoid These Cities (Housing Crash 2022) EPB Research provides an analysis of the national market. In general, West Coast is bad and East Coast is OK, especially the southeast. The overly regulated western states with higher raw land prices and huge city fees result in higher home prices.  read more »

Yesterday, Tyler Cowan mentioned in the Marginal Revolution blog that he wished books on urban areas “would spend more time discussing whether dense urban areas are simply a fertility trap.”  read more »

In recent weeks, more and more commentators are suggesting that house prices in New Zealand have started to fall, and are expected to fall further.

For many homeowners, especially those who have bought within the last year or two, this news will be terrifying, and for them I have a great deal of sympathy. They were sold the lie that house prices would always and everywhere rise much faster than incomes, and that therefore the best way to financial independence was to borrow to the maximum extent possible and buy a house – better still, several houses, the more the better.  read more »

The Ford government’s plan to expand the land supply available for housing has evoked the usual dog whistles about “urban sprawl” by interests apparently unaware of the strong connections between an organically expanding city, housing affordability and upward mobility.  read more »

There is considerable confusion with respect to the terms of urban geography, not only among the population in general, but also among the media, and sadly, among academics. Perhaps the greatest confusion is between the terms “metropolitan area” and “urban area.”  read more »

My father, a retired AME Church pastor, on occasion would start a sermon with a story about a pastor preaching a particularly fantastic sermon. The pastor was heaped with praise by his congregants after service. The following Sunday he preached the exact same sermon, to the puzzlement of the church members.  read more »

 (I know, I know. I haven't been around much lately. My last post was almost six weeks ago. The reasons for my disappearance? A lot of it is life- and work-related, the way things happen with most everyone. However a huge contributor to this is how recent changes in urbanism discourse have played out, and I wonder if there's room for me anymore.  read more »

Downtown Dallas continues to creep away from the original Central Business District on Main Street and towards our residential anchor neighborhoods. This is not because the occupancy has outgrown the Central Business District. In fact, many buildings are empty or are being repurposed.  read more »

In earlier times, even with a soaring population, Americans knew how to accommodate housing demand. In the eighteenth and nineteenth centuries we built cities from scratch along the frontier. The existing major urban centers—Boston, New York, Baltimore, Philadelphia—all expanded rapidly, both by density and expansion into land on the periphery.  read more »

Urban containment has significant costs. In commenting on the association between London’s urban growth boundary,¹ and the higher costs of housing, The Economist said: “Suburbs rarely cease growing of their own accord. The only reliable way to stop them, it turns out, is to stop them forcefully.  read more »