Housing

The Center for Urban Opportunity (COU) has developed a measure (the “COU Standard of Living Index”) that estimates the purchasing power of real average pay in metropolitan areas compared to that of the average employee who moves to a new residence. We have found that the places that return the most for median pay are varied.  read more »

Home ownership is finally increasing in the United States, following the housing bust. The Census Bureau reports that 63.9 percent of households owned their own homes in 2017. This represents the first annual home ownership increase in more than 10 years, as a string of losses followed the housing bust after 2006. The home ownership rate has continued to increase, and stood at 64.4 percent in the third quarter of 2018.  read more »

In 2004, President George W. Bush announced the aim of promoting a broader “Ownership Society,” in which more Americans could benefit from owning a home, retirement accounts, and other financial assets. “If you own something,” he declared, “you have a vital stake in the future of our country. The more ownership there is in America, the more vitality there is in America.” President Bush’s premise echoes ideas advanced by virtually all presidents since Franklin Roosevelt.  read more »

Portland New Urbanist Joe Cortright has rarely seen a high-density development he didn’t like. Like Marxist economists who always begin their papers by referring to quotations from Karl Marx, Cortright takes his cues from Jane Jacobs.  read more »

Frederick Wiseman turned his documentary filmmaking lens to the Midwest in his new work Monrovia, Indiana. My review of the film is now online at City Journal. Here is an excerpt:

"Wiseman spent ten weeks filming in this small Indiana town of about 1,500 people, creating a fair and insightful portrait of a section of the rural Midwest. He shows us quotidian aspects of life in Monrovia that are likely exotic to a typical big-city documentary-film audience: corn and hog farming, locals holding court at the town diner, a mattress-sale fundraiser for the local school, a farm-equipment auction, a Lion’s Club board meeting, and more.  read more »

In this year’s elections, particularly in California, the suburbs spoke, and essentially destroyed Donald Trump and the Republican Party. In affluent suburban districts once controlled by the GOP – outside Houston, Dallas, Atlanta, Seattle, Kansas City, Philadelphia and Orange County — long held GOP seats have flipped and may prove unlikely go back to the GOP unless Democrats alienate their new constituents.  read more »

It turns out that tech oligarchs aren’t much better than old dogs at learning new tricks. By splitting his much coveted supposed second headquarters between New York City and greater Washington D.C., Amazon’s Jeff Bezos is repeating what worked for him in Seattle while saying “yes, sir” to power.  read more »

On any given night in California, there are about 134,278 people without a home. California, with 12 percent of the U.S. population, has 25 percent of the nation’s homeless people. California’s homeless population increased 13.7 percent between 2016 and 2017. About 36 percent of the homeless population are families with children. About 25 percent of the homeless population have jobs.  read more »

The homeownership rate in California equaled the national rate from 1950 well into the 1960s. Yet, by 2005, California’s homeownership rate was 13.3 percent below the national average and the 49th lowest in the nation. In the second quarter of 2018, the homeownership rate in California was 54.3 percent, the third lowest in the nation, and 10 percent below the national average of 64.3 percent.  read more »

Urban planning guru says driverless cars won’t fix congestion,” says the New York Times. Naturally, the Times is referring to Peter Calthorpe, one of the few people who might be considered an urban planning guru and the one who has the most to lose if driverless cars are successful.  read more »