Newgeography.com - Economic, demographic, and political commentary about places

Demographia International Housing Affordability – 2022 Edition Released

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Demographia International Housing Affordability rates middle-income housing affordability in 92 major housing markets in eight nations: Australia, Canada, China, Ireland, New Zealand, Singapore, the United Kingdom and the United States).  read more »

The Limits of Libertarianism

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Over the past half-century, libertarians have played a critical role in the ever-growing war against governmental nonsense. If you want to read the best critiques of wasteful transit policy, sports stadia, government pensions or cancel culture, you can find it among liberty-minded outlets like Reason magazine, the Cato Institute and numerous free-market think tanks.  read more »

Understanding the Nordic Work Ethic

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Over a hundred years ago, Max Weber observed that countries in northern Europe tended to have a higher standard of living and generally more well-functioning societies than countries in other parts of Europe. He believed that the reason for the formers’ success lay in their Protestant work ethic.  read more »

Portland Downtown Devastated by COVID

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The number of people working in downtown Portland dropped from more than 103,000 in mid-2019 to 13,000 in mid-2020, according to a State of the Economy report recently published by the Portland Business Alliance. The report doesn’t actually show numbers, but the chart below, which I took from the report, can be used to make pretty close estimates.  read more »

Toronto Solidifies Highest Density Ranking in North America

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Toronto seems guaranteed to retain its position as the densest urban area in North America (Canada and the United States), based on 2021 Census data recently released by Statistics Canada. The Toronto population centre (urban area) has grown at a rate of 0.8% annually since the 2016 census, while increasing its urban density to 3,088 persons per square kilometer.  read more »

Biden Continues To Flip-Flop On Crude Oil Policies

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A year before being inaugurated President in 2021, Biden professed that “we are going to get rid of fossil fuels. Before the recent inauguration, America achieved for the first time since Harry Truman was president about 70 years ago, to finally become crude oil independent and no longer held hostage to unstable Petro-powers and the vagaries of foreign crude oil supplies.  read more »

Flyover Country Needs to Keep Our Biggest Edge: Housing Affordability

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If there’s one location advantage for the heartland that’s become clear during the last several years, it’s the edge we enjoy over the coasts in housing affordability.  read more »

Five Steps to Save Historically and Architecturally Significant Homes — Proactively

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From time to time, we hear of the demolition of an historic or architecturally significant home in the news. Inevitably, there’s an outcry. Community leaders agree: “Something must be done!”

But what can be done?  read more »

Does California Know What Time it Is?

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Has the California proposition changed fundamentally? And does it matter for real estate?

The answer to the first question is yes—the state had a net population decline in 2021, the first drop since it began annual counts more than a century ago.  read more »

You Can't Fix the Housing Crisis with New Houses. We Need New Cities

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Housing is rapidly becoming the key economic issue facing America's beleaguered middle class. Even as interest rates rise, rents are on a wild binge, up near 20 percent in the past year or more in some cities. Meanwhile, home prices have hit a high and appear to be climbing further still. Higher prices are emerging even in what have long been relative bargain communities in the southeast, as refugees from the high-priced Northeast pour in with their greater resources.  read more »