Demographics

This year, as in 2017, there are 37 megacities --- urban areas estimated to have more than 10 million residents. The 20 largest urban areas are indicated in Figure 1. Tokyo-Yokohama continued to be the largest, as it has been for more than six decades. Second ranked Jakarta and third ranked Delhi continue to edge up on Tokyo-Yokohama. Even if their much faster growth were to continue at the current rate, neither would assume the top position over Tokyo-Yokohama until after 2030.  read more »

California’s housing crisis has emboldened grandstanding Sacramento politicians who measure their own “success” by the number of bills they can pass with their own names attached.

We now have Scott Wiener’s SB827, a bill which would use “mass transit” (defined as four buses an hour during rush hour) to eliminate local governments’ ability to zone single-family housing and to replace locally crafted General Plans with increased density levels dictated by Sacramento politicians.  read more »

In delivering the Annual Report of the Bank to the House of Representatives Standing Committee on Economics, Finance and Public Administration on August 18, 2006, (now former) Reserve Bank of Australia Governor Ian MacFarlane expressed concern about Australia’s house prices, which had escalated severely in relation to incomes.  read more »

The most recent Census population estimates revealed something that the mainstream media would prefer to ignore—the slowing population growth of big cities, including New York. The New York Times, for example, trumpeted Gotham’s historically high population yet failed to mention that the city’s growth is not only dramatically slowing but also, in the case of Brooklyn, declining for the first time since 2006.  read more »

For much of the past century, Southern California has been driven by ever increasing population growth. That area has now ended as the region’s demographics stagnate, a trend that, according to the latest Census numbers, is, if anything, accelerating.  read more »

Richard Florida has a new piece over at City Lab analyzing recent data on venture capital from Pitchbook. The conclusion is that venture capital funding is hyper-concentrated, and getting even more so:  read more »

The suburban house is the idealization of the immigrant’s dream—the vassal’s dream of his own castle. Europeans who come here are delighted by our suburbs. Not to live in an apartment! It is a universal aspiration to own your own home. —Los Angeles urbanist Edgardo Contini  read more »

The headlines in 2017 were saturated with stress, ultimately perpetuating the issue by increasing anxiety and fear compounded by loneliness and isolation. The number of Americans with zero close friends, defined as having no one to talk to about ‘important matters,’ has tripled since 1985. Additionally, the General Social Survey found that Millennials, the most connected generation, appeared to rank the highest in loneliness.  read more »

How can Orange County become a better place to live for all of its residents? Joel Kotkin and Marshall Toplansky explore the challenges and solutions in Orange County Focus: Forging Our Common Future, a research brief from Chapman University's Center for Demographics and Policy. Read an excerpt from the report below:  read more »

The Bureau of Labor Statistics recently released their final 2017 metro area job numbers. It was a pretty good year for job growth in a lot of major metros. Here’s how they fared, ranked by percentage job growth. Job totals are in thousands.  read more »