Housing

Once again, I feel compelled to write about house prices. Why? Because it is the most important cause of social distress in New Zealand today, and that by a large margin. There would still be social problems if house prices were half their present level, but they would be vastly more manageable – child poverty would be much reduced, mental health would be better, there would be less homelessness, there would be fewer suicides, and educational progress would be better if kids didn’t have to move between one over-crowded home and another at too frequent intervals.  read more »

This newly released report examines how the California dream can be restored for California's middle- and working-class families. An excerpt follows:  read more »

The urban form has shifted throughout history. This has been critical to its success. Today we are on the cusp of another transition, ushered in by new technologies and changing demographics, and accelerated by a devastating pandemic. Although these forces affect all geographies, the best chance of success and growth lies in what we define as The Next American City.  read more »

Important new ground was broken by Judge Clark, Senior Director of and Research at the Cicero Institute in his Breakthrough Institute Journal essay. In “Sprawl is Good: The Environmental Case for Suburbia,“ he topples foundational assumptions underlying the planning battle against urban expansion (the ideological term is “urban sprawl”).  read more »

For decades, Highland Park, a wealthy older suburb two miles from downtown Dallas, homes have been torn down, however, this year this activity has accelerated. Perhaps new residents --- the great influx of home buyers from California to Dallas has exacerbated some problems, with the most troubling being the escalation of Highland Park homes in Dallas being torn down. It is not just the raw numbers of people moving to Dallas. Usually, corporate relocations move hundreds of middle level employees and a few executives.  read more »

In March I bought a modest house in Madison, Wisconsin as a rental property. I worked with good local professionals to bring that house up to a better standard and in July I found excellent high quality tenants. We have cordial relations and I’m confident they feel they’re getting excellent value for their money and are happy in their new home. That property is now contributing to my long term diversified retirement plan.  read more »

One of the far-too-often repeated statements made by urban, coastal elites is that one’s future cannot be found in the countryside. These city-centered Americans often believe that economic growth, jobs, and the nation’s future can only be found in big cities and that rural America remains a dead-end, brain-drained world with minimal opportunity.  read more »

Sidewalks have long been considered to be essential parts of America’s social and communal infrastructure. As Jane Jacobs recognized many decades ago, sidewalks are “the main public places of the city’’ and ‘‘its most vital organs.’’ For Jacobs and subsequent scholars of urbanity, sidewalks are active sites of socialization and allowing for open interactions and accidental encounters; they also serve as conduits to easily connect people to their communities as well as create spaces of contention and conflict.  read more »

From the ancient world to modern times, the class of small property owners have constituted the sine qua non of democratic self-government. But today this class is under attack by what Aristotle described as an oligarchia, an unelected power elite that controls the political economy for its own purposes.  read more »

The Urban Reform Institute has published the 2021 edition of Demographia United States Housing Affordability, which rates middle-income housing affordability in the third quarter 2020.  read more »