Highest 2016 Home Ownership Rate in Grand rapids, Los Angeles Last
by Wendell Cox — Home ownership is finally increasing in the United States, following the housing bust.
Entries by Wendell Cox
Employment Access in US Metropolitan Areas (2017)
by Wendell Cox — Economic growth of metropolitan areas is enhanced by employment access — the greater the number of jobs that the average worker can reach in a particular time, the better the economic performance. Recent advances in data have made it possible to measure the effectiveness of access systems in metro areas.
Length of Residential Tenure: Metropolitan Areas, Urban Cores, Suburbs & Exurbs
by Wendell Cox — America is less mobile than in the past, but U.S. households tend to live longer in their present residences where population growth has been more modest.
Cautionary Tales from the Cities of Seattle and Philadelphia
by Wendell Cox — For some time now urban core proponents have boasted about a “return to the cities” from the suburbs. While the urban core cities have done better in recent years than before, the claim has been significantly overblown. Suburbs have continued to capture the “lion’s share” of growth…
What is Middle-Income Housing Affordability?
by Wendell Cox — Few local or metropolitan issues receive more attention than housing affordability. This article provides a perspective on housing affordability, which is the relationship between housing costs and income.
Housing Affordability From Vancouver to Sydney to Toronto: Time to Do What Works
by Wendell Cox — A healthy market has a balance between supply and demand. In many cities, the demand for houses far outstrips the supply. Yet, cities have studiously avoided the obvious supply side policy that could restore housing affordability.
Pervasive Suburbanization: The 2017 Data
by Wendell Cox — The most recent Census Bureau population estimates have made it clear that migration to the suburbs and away from urban cores has accelerated dramatically since the early years of the Great Recession.
Poverty is Worse Than Sprawl: California’s Housing Affordability Crisis
by Wendell Cox – Rent control supporters in California recently announced that they have enough signatures to qualify a state proposition to remove limitations on municipalities to control rents. Their purpose is to improve housing affordability in the nation’s most unaffordable state.
Moving Away From the Major Metropolitan Areas: the 2017 Estimates
by Wendell Cox — The new 2017 US Census Bureau metropolitan area population estimates have been published. They show a significant increase in domestic migration away from the largest cities toward metropolitan areas with from 500,000 to 1,000,000 population.
Housing Affordability and the Standard of Living: The 14th Annual Demographia International Housing Affordability Survey
by Wendell Cox — For the eighth year in a row, the Demographia International Housing Affordability Survey shows Hong Kong to be the least affordable housing market (metropolitan area) in nine nations.