How cities can drive opportunity for the bulk of their citizens
Inflation is causing huge cost increases for all types of infrastructure projects; this week we compare Houston highway vs. transit cost inflation.
The death of Texas high-speed rail looks imminent based on the recent news of the CEO’s departure, but the economics never made sense unless Japan was willing to heavily subsidize the program in order to show off their trains in America (hoping for future sales).
Demographia United States Housing Affordability rates housing affordability using the median multiple, a measurement of income in relation to housing prices, or 189 major markets (metropolitan areas) for the third quarter of 2021.
by Tory Gattis — Big increases in housing costs since 2000 have likely eaten most of the wage premium return from getting a college education, reducing the incentive to invest in education.
by Tory Gattis — Wall Street Journal finds that the housing shortage is caused by a combination of zoning and financing rules and supply-chain constraints.
by Tory Gattis — Metro’s Inner Katy BRT plan looks good except for TXDoT’s duplicative plans for vehicle traffic lanes to replace lost access to existing HOV lanes. And, the urban exodus continues.
by Tory Gattis — Houston’s reported rate of sinking may be a false alarm in terms of the city actually disappearing below sea level, and a new book notes similarities between Tokyo’s mini-kaihatsu and Houston’s townhouse developments.
by Tory Gattis — On the silliness of the induced demand anti-freeway-expansion argument; taxpayers *want* government to invest in infrastructure where there is demand!
Wendell Cox — It is hard to imagine a more destructive agglomeration effect than reducing the standard of living. Yet this is what the loss of housing affordability does.
On Thursday, April 28th, join the webinar as RCLCO and Urban Reform Institute discuss the Next American Cities, emerging cities that reflect a new kind of suburbanization.
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Urban Reform Institute is a 501c3 Non-Profit organization
that exists to promote approaches that enable cities to
drive opportunity for the bulk of their citizens.