Report: Building the New America
How do we build a new urban model for America — one that is better aligned with the aspirations of most Americans? This newly released report examines the housing trends that are driving today's migration of people and jobs.
After Coronavirus We Need to Rethink Densely Populated Cities
by Joel Kotkin — For the better part of this millennium, the nation’s urban planning punditry has predicted that the future lay with its densest, largest, and most cosmopolitan cities.
Make America’s Housing Affordable Again
by Randal O'Toole — Fifty years ago, housing was affordable everywhere in the country. The 1970 census found that the statewide ratio of median home prices to median family incomes was greater than 3.0 only in Hawaii (where it was 3.04). Price-to-income ratios were under 2.5 in every other state, and under 2.2 in California, New York, and other states that today are considered unaffordable.
Converting 59 Spur into Park, housing crisis drives socialism, and could Houston Get Google?
by Tory Gattis — Houston's consideration of turning the Bagby and Brazos portions of Spur 527 off 59 into a park, how the housing crisis drives socialism and more.
To The Economist: Planning, Not Home Ownership, Caused the Housing Crisis
by Wendell Cox — The January 16, 2020 cover story in The Economist magazine trumpeted “The West’s biggest economic policy mistake: It’s obsession with home ownership undermines growth, fairness and public faith in capitalism...”
Three perfect days in HTX, growth forecasts, increasing our density, reducing homelessness, protesting property taxes, and more
The Greater Houston Partnership has released its 2020 Employment Forecast. Only time will tell if their vision is 20/20... (sorry, couldn't help myself! ;-)
California Preening: Golden State on Path to High-Tech Feudalism
by Joel Kotkin — “We are the modern equivalent of the ancient city-states of Athens and Sparta....” declared then-governor Arnold Schwarzenegger in 2007. In truth, the Golden State is becoming a semi-feudal kingdom, with the nation’s widest gap between middle and upper incomes—72 percent, compared with the U.S. average of 57 percent—and its highest poverty rate.
Cities, Suburbs, and the New America
by SMU Video — SMU-Cox Folsom Institute for Real Estate, the SMU Economics Center, and the Center for Opportunity Urbanism presented a lively discussion on Cities, Suburbs, and the New America, and Minorities, Immigrants, and Millennials in America’s Favorite Geography.
The Expanding and Dispersing San Francisco Bay Area
by Wendell Cox — This decade has witnessed an unprecedented expansion of the Greater San Francisco Bay Area (the San Jose-San Francisco combined statistical area or CSA), with the addition of three Central Valley metropolitan areas, Stockton, Modesto and Merced. Over the same period, there has been both a drop in the population growth rate and a shift of growth to the Central Valley exurban metropolitan areas.
Forced Upzoning is Bad Policy, But Here’s How We Can Mitigate Its Impacts
by John Mirisch — A number of bills in California's legislature attempt to “solve” the state’s housing challenges by overriding local municipal zoning ordinances and allowing developers to build up to Sacramento-mandated levels of density. The most notable of these bills is SB50, which has no provision for affordable housing, but espouses a “trickle-down” theory that building market-rate (i.e. luxury) housing will “filter” down to create more affordable housing.
Three Studies That Show Density Doesn’t Determine Car Travel
by Fanis Grammenos — Recent research sheds new light on the critical issue of the link between car travel and urban density. Conventional planning wisdom has it that increasing development density bestows benefits, most importantly that of reducing driving.