The median price of homes in Auckland, New Zealand’s largest city, grew by $100,000 in February, reports the Real Estate Institute of New Zealand. That means prices were growing by $25,000 a week. The good news is that these are New Zealand dollars, which are only worth about 72 cents U.S., which means prices grew by “only” US$18,000 a week. read more »
Policy
The Black Pearl of Atlantic Beach
About a year ago, I got a call from Sonny Matta, one of the founders of Atlantic Beach Redevelopment Public-Private Partnership, introduced me to Atlantic Beach, South Carolina – a 97 acre city along the Atlantic Coast known to locals as The Black Pearl.
The town was formed in the 1930’s as a vacation destination for black families with thriving black-owned businesses. It became an entertainment center African American musicians could not just play, but also stay, which was not an option even in “integrated” cities like Los Angeles. read more »
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A Vision for Cleveland
Part 1: Innovation and “the Next Silicon Valley”
It’s mayoral season in Cleveland and a number of viable candidates are lining up. With political candidacies inevitably comes political agendas. We will hear a lot about what a given candidate thinks has or hasn’t worked in Cleveland. We will also hear prognosticating about the future of Cleveland. read more »
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Biden’s Actions Are Encouraging Supply Chain Dependencies From Foreign Sources
Despite President Biden’s February 24th vocal concerns about America’s growing dependence on unreliable foreign sources for the supply chain of materials and products to support electric cars, pharmaceuticals, hospital supplies to address the COVID-19 pandemic, and military hardware, his actions are directly opposite of his vocal concerns, as they are encouraging national security concerns. read more »
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Climate Policy: COVID on Steroids?
For most people around the world, the Covid-19 pandemic seems a great human tragedy, with deaths, bankruptcies, and fractured mental states. Yet for some, especially among the green Twitterati and in some policy shops, the pandemic presents a grand opportunity to enact permanent lockdowns on economic growth, population growth, and upward mobility. read more »
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SoCal Desalination Plant Inches Towards Approval
In a rare and commendable display of political courage and common sense, California Governor Gavin Newsom has been working to finally grant permits to construct a second major seawater desalination plant on the Southern California Coast.
But don’t count on this new water source just yet. Despite clearing major hurdles, self-described environmentalists and their allies in the media haven’t surrendered. read more »
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The Dark Side of Japan's Bullet Trains
In 1964, the Japanese National Railways (JNR) was on a roll. The state-owned but largely unsubsidized company had just finished seven years of uninterrupted profits. Moreover, in 1964 it opened the Shinkansen (meaning new main line) between Tokyo and Osaka in time for the Summer Olympics. read more »
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Despite Wishful Thinking, Cities Won't Come Back Without Major Reform
America’s urban leaders seem to prepare for the post-pandemic future with delusions that everything will go back to the way before the COVID-19 pandemic set in. Nothing can be more dangerous to the prospects for cities; the pandemic and recent rise in crime have created a vastly different prospect for cities, necessitating serious reconfiguration. read more »
Nor'easters Would Be Disastrous to a Green America
Wind chills below zero from a nor’easter have hit much of the country. President Biden’s push to go Green at any cost would leave America dependent on intermittent electricity from wind turbines and solar panels. This would be an energy disaster. read more »
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The Other California
California’s coastal urban centers, once the ultimate land of opportunity, suffer notorious traffic congestion, unaffordable housing, and a social chasm defined by a shrinking middle class, a small wealthy sector, and a sizable population seemingly locked in poverty. read more »
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