“Straight Line Crazy” offers insights for post-pandemic real estate

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This won’t start off about real estate but it will end there — like so much of life.

At the Shed in Hudson Yards, “Straight Line Crazy” is enjoying a sold-out run of months, if not longer. It is the story of Robert Moses, who outfoxed every politician in New York to create a proprietary stream of public money that financed his role as the city’s lynchpin builder from the 1920s into the 1960s.  read more »

The Democrats' False Victory

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For all their cautious optimism yesterday, a mild Midterms victory may prove the last thing the Democrats need. If they had performed as predicted, the Democrats and their media adjuncts would now be busily dissecting their defeat.  read more »

Subjects:

A Tale of Two Americas

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Yesterday’s Midterms were not a victory for conservative or progressive ideology, but an assertion of the growing power of geography in American politics. It was less a national election than a clash of civilizations.  read more »

The Cover Up

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On 16 September 2022 the 22-year-old Mahsa Amini died in a hospital in Tehran following her arrest by Iran’s Guidance Patrol. Although the details surrounding her death has been disputed, given that she suffered from previous brain injuries  read more »

West Coast Blues

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Few regions have been more consistently Democratic than the West Coast. Even compared with the Northeast, where Republicans occasionally win governors’ offices, the appropriately named “left coast” has been adamantine in its progressivism. Republicans haven’t won statewide office in California in years; in Oregon, it’s decades. Washington has elected a Republican secretary of state, but she now serves in the Biden administration. And the region’s major cities are overwhelmingly blue.  read more »

Housing Affordability in California: Part 2 — Urban Land Markets

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Harvard’s William Alonso showed that the value of residential land tends to increase from the rural uses on the urban fringe1 to centers of economic activity, such as central business districts.2  read more »

Is America Entering a New Age of Democratic Capitalism?

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Most everyone outside the Biden administration knows that a recession is now more than likely. We could be entering what economist Noriel Roubini describes as the “Great Stagflation: an era of high inflation, low growth, high debt and the potential for severe recessions.” Certainly, weak growth numbers, declining rates of labor participation and productivity rates falling at the fastest rate in a half century are not harbingers of happy times.  read more »

Beyond Crime and Punishment

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Every politician, pundit and other apparatchik should have heard the elderly lady who didn’t even say a word about politics during my encounter with her on the streets of Manhattan.  read more »

Biden, Trudeau Choose Green War on Oil and Gas Over Working Class

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Canadians, outside of dual citizens, can’t vote in America’s midterms, but the results may well shape the country’s trajectory in the years to come.  read more »

Finding Third Places Across America

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Returning to New York City from a trip to Salisbury, Maryland, it is clear why so many younger Americans are so open to giving up the displeasures of a dense metropolis—high crime, high costs, and constant competition for amenities—for affordable, easy-to-navigate small-town environs like this fantastic city nestled within the Chesapeake’s Eastern Shore.  read more »