Last month I wrote about how insurance companies are getting ahead of the curve by preemptively dropping coverage and/or significantly raising the cost of policies for properties believed to be at increased risk. Less than four weeks later forest fires ripped through Sonoma and Napa counties and destroyed 7,000 structures – most of them single family homes. These fires are now ranked as the most destructive and expensive in California history. read more »
Newgeography.com - Economic, demographic, and political commentary about places
What Happens After Half Your Town Burns Down?
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2nd Quarter Home Price Indices
Someone just paid $1.1 million for a tear-down/fixer-upper in Mountain View, California. That’s not really news, as prices in Silicon Valley have been increasingly outrageous. What’s news is that they bought the house with the provisos that the existing owner will get to live there for seven years; the buyer didn’t get to see the interior of the home; and the buyer is required to make improvements before closing on the home. read more »
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Why Is the Trump Administration Promoting Further Economic and Media Centralization?
The Federal Communications Commission is planning to lift ownership restrictions on local media. This would allow, for example, ownership of multiple major TV stations in the same market by the same company: read more »
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RBC Report Highlights Increasing Housing Affordability Challenges in Canada
Households could face even greater housing affordability challenges in the years to come, according to the September 2017 RBC Economics (RBC) Housing Trends and Affordability report. read more »
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Chicago's Story Of Population Loss Is Becoming An Exclusive About Black Population Loss
Population estimates released last week by the U.S. Census Bureau show that Chicago’s population has declined for the third year in row.
According to the latest estimates, Chicago’s population fell by about 350 in 2014, by just under 5,000 in 2015 and by more than 8,600 in 2016. Among the nation’s 50 largest cities, Chicago is the only city to lose population each year since 2013 and for those population losses to worsen each time. read more »
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Is There A Civilization War Going On?
“Civilizations die from suicide, not by murder.” — Arnold J. Toynbee
From the heart of Europe to North America, nativism, sometimes tinged by white nationalist extremism, is on the rise. In recent elections, parties identified, sometimes correctly, as alt-right have made serious gains in Germany, Austria and the Czech Republic, pushing even centrist parties in their direction. The election of Donald Trump can also be part of this movement. read more »
Anaheim Transit: Suck It Up
When I was a kid back in 1971 I lived in Anaheim, California where my mom was a waitress at a local amusement park. Exploring Orange County as an adult recently it all felt more or less the same as I remembered – only more so. The primary adjective has always been beige. The last vestiges of orange groves that still lingered in my youth are long gone, but the tidy neighborhoods of modest tract homes, strip malls, and motels are all still there behind the shiny new stuff. read more »
Why Small, Struggling Cities Don’t Need “Talent”
I recently recorded a podcast with my colleague Steve Eide in which he argued against the idea that attracting high talented people into government is what was needed for smaller, post-industrial cities. read more »
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Protecting Cities in Fire-Prone Regions
If you live in a fire-prone area, which includes most of California, it is not a good idea to allow ivy and other plants to cover the sides of your building, as this winery and this church did near Santa Rosa. Both were lost to last week’s wildfires. read more »
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Infinite Suburbia
The following is an excerpt from the introduction of Infinite Suburbia, a collection edited by Alan M. Berger and Joel Kotkin, with Celina Balderas Guzaman: read more »
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