Cities are better when there’s a generous tree canopy. Vegetation keeps the city cooler in summer, trees help clean the air, absorb noise, and beautify the landscape. Properties on tree lined streets are often more desirable and statistically more valuable than those in barren neighborhoods. read more »
Urban Issues
Federal data shows Twin Cities light rail is the most dangerous in America
According to federal data, people who decide to step on light rail in the Twin Cities are at more risk for being injured by an assailant than any other light rail system in America. read more »
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After Intersectionalism
The divisive racial ideology that dominated American politics for the past decade is dying. Led by minority activists and white progressives, “woke” ideology promoted a Manichean struggle between a coalition of the BIPOC, an acronym for “Black, Indigenous, and people of color” (assumed to be natural allies) against what the BIPOC Project calls a hegemonic system of “white supremacy, patriarchy and capitalism.” But this vision of Black and white racial conflict, while still influential in universities and elite institutions, keeps getting rejected by American voters—as happened in political referendums on issues like policing and immigration read more »
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Shifting Downtown Density Threatens Architecturally Significant Anchor Neighborhoods
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 »
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A Better Future
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 »
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Housing Affordability in California: Part 3 — A Way Forward
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 »
“Straight Line Crazy” offers insights for post-pandemic real estate
This won’t start off about real estate but it will end there — like so much of life.
At the Shed in Hudson Yards, “Straight Line Crazy” is enjoying a sold-out run of months, if not longer. It is the story of Robert Moses, who outfoxed every politician in New York to create a proprietary stream of public money that financed his role as the city’s lynchpin builder from the 1920s into the 1960s. read more »
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West Coast Blues
Few regions have been more consistently Democratic than the West Coast. Even compared with the Northeast, where Republicans occasionally win governors’ offices, the appropriately named “left coast” has been adamantine in its progressivism. Republicans haven’t won statewide office in California in years; in Oregon, it’s decades. Washington has elected a Republican secretary of state, but she now serves in the Biden administration. And the region’s major cities are overwhelmingly blue. read more »
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Housing Affordability in California: Part 2 — Urban Land Markets
Harvard’s William Alonso showed that the value of residential land tends to increase from the rural uses on the urban fringe1 to centers of economic activity, such as central business districts.2 read more »
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Is America Entering a New Age of Democratic Capitalism?
Most everyone outside the Biden administration knows that a recession is now more than likely. We could be entering what economist Noriel Roubini describes as the “Great Stagflation: an era of high inflation, low growth, high debt and the potential for severe recessions.” Certainly, weak growth numbers, declining rates of labor participation and productivity rates falling at the fastest rate in a half century are not harbingers of happy times. read more »
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