Apologies for the delay between posts – I’ve had some busy travel recently. Before getting to this week’s items, a couple thoughts on the City’s consideration of turning the Bagby and Brazos portions of Spur 527 off 59 into a park. I live in Midtown, so this affects me directly. I’ve managed to adapt ok to losing the Brazos exit since the bridge closed for repairs – Louisiana is inconvenient but works – but losing Bagby’s southbound entrance is a bigger deal. I’ve thought quite a bit about this. At first I was totally opposed, then I figured I could live with it via Smith and Louisiana but still moderately opposed (even with the benefits of Bagby traffic reduction). I do think it will substantially negatively affect some of the businesses along Bagby and Brazos that rely on drive-by traffic like Spec’s, CVS, and especially the new Midtown Whole Foods (which is already struggling in what was previously a food desert), as well as thousands of commuters that connect between 59 and 45 (which, in turn, will make the already-messy 59-45-288 interchange even worse). In fact, I’d argue the optics look pretty bad: sacrifice the commutes of a lot of working-class folks on the north and east sides commuting to jobs in the southwest so a few wealthy white people in gated Courtlandt Place can have a pocket park. Not a good look. And I think it is very likely that a City-maintained linear pocket park will turn into a homeless camp (sad, but that’s the reality these days) – something I hope the neighbors have considered in their support. They may come to really regret it…
On to this week’s items:
- A British perspective on how San Francisco has turned into a dystopian nightmare of addiction, homelessness, and criminality. Judge Hidalgo, I know you’re looking at criminal justice reforms – some well-needed – but let’s please not make the same mistakes as SF. Hat tip to Jay.
- Mapped: The Salary Needed to Buy a Home in 50 U.S. Metro Areas. The only top ten metro less expensive than Houston is Atlanta. Texas as a whole does quite well, especially when our incredible growth rate is considered (the least expensive metros tend to also be growing the slowest).
- When this guy talks down our downtown tunnel system, my response is that I would bet, five months of the year, downtown workers are willing to travel a lot farther to shop or visit a cool restaurant for lunch if they can use the tunnels than if they had to walk outside. Downtown vibrancy would actually decline without the tunnel system.
- We should go after this *hard*! San Jose wants a new Google campus but is fretting about the downsides.
“If we keep forcing them to pay for housing and parks, they will go to Houston or Austin.”
I think the advantages for a Google office here would be pretty strong. Tons of oil-and-gas tech talent that’s easy to poach, a city willing to do anything to land them, plus deep expat communities from nations all over the world that could handle some global functions (esp. Latin America). It would also work well if Google is considering any health care plays, with the world’s largest med center right down the way in the innovation corridor.
- This is a fantastic interview with Ed Glaeser that directly relates to COU’s mission. Great short video too. Really gets to how the housing crisis has led to the rise of socialism’s popularity among the young. “The entrenched vs. newcomers.”
- Boomer Socialism Led to Bernie Sanders
Government policies limit millennials’ prosperity, Harvard economist Edward Glaeser argues. Will they realize more of the same isn’t the answer?
“The right answer for this is not universal basic income. The right answer is freedom. Allow people to use their property the way they want to use it.”
- Millennials hitting road at fast pace – “It turns out millennials don’t hate driving, after all.” Remember when everyone thought Millenials were going to avoid driver’s licenses and car ownership? Well, they did for a while, then they grew up and started forming families.
- As California comes to grips with housing crisis, Texas real estate rises in 2020. Hat tip to Hugh. Excerpts:
“New supply is one reason the median home price in Texas is currently $207,301, while in California, it’s nearly triple that, $605,280. California’s drought in new home production has been caused in part by land-use regulations and the state’s myriad environmental laws.
A Zillow-backed survey of economists and housing analysts predicted that in 2020, Texas’s relatively affordable big cities (Houston, San Antonio, Dallas, and especially Austin) will outperform the market average in home value growth, while overpriced California metros like San Francisco, Sacramento, and Los Angeles will fare poorly.
The California housing situation, on the other hand, is a multifaceted mess. Prices have skyrocketed. A new apartment in San Francisco costs an average of $700,000 to build—including materials, labor, and land—triple the cost of a decade ago. The average value of a home in Los Angeles County is $635,000—almost double the median price in Austin and nearly triple the median price in Dallas—and many neighborhoods have seen average prices more than double in the last decade. According to the United Way, one in three Californians, or 3.3 million families, don’t have incomes to meet their basic cost of living, and most struggle with high housing costs. The state’s 150,000 homeless residents represent a quarter of the nation’s homeless population. The nonpartisan Legislative Analyst’s Office estimates it would cost “in excess of $250 billion” to provide affordable housing for all of the state’s 1.7 million rent-burdened households.”
Finally, watch this if you can. “No Passport Required” on PBS did an episode on West African food and culture in Houston, and it is absolutely fascinating. Will make you proud of our city. Links to Houstonia and Houston Eater stories
“When I came to Houston I did not know what to think. Leaving, I see the future.” – Marcus Samuelsson, PBS “No Passport Required”
Tory Gattis is a Founding Senior Fellow with the Center for Opportunity Urbanism and co-authored the original study with noted urbanist Joel Kotkin and others, creating a city philosophy around upward social mobility for all citizens as an alternative to the popular smart growth, new urbanism, and creative class movements. He is also an editor of the Houston Strategies blog.