New York City Mayor Bill de Blasio wants to bring the same policies that worked so well in the Soviet Union, and more recently in Venezuela, to New York City. “If I had my druthers, the city government would determine every single plot of land, how development would proceed,” he says. “And there would be very stringent requirements around income levels and rents.” read more »
Housing
A Layman's Guide To Houston After Harvey: Don't Throw The Opportunity Baby Out With The Stormwater
In the aftermath of Hurricane Harvey, and the disastrous flooding, Houston has come under extreme scrutiny. Some in the global, national as well as local media assaulted the area's flood control system and its development model, criticisms that were echoed by some in the local area.
Much of the current debate starts from a firm misunderstanding of the region’s realities. This could lead to policies that ultimately undermine the keys that have propelled the region’s success. Below is a primer to inform future discussions of Houston’s future trajectory.
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Does the Tax Code Favor Homeowners?
For many years, a common complaint has been that the provisions of the Federal Internal Revenue Code, and most state income tax codes, favor homeownership in the form of major tax deductions for mortgage interest and property taxes. With the exception of those who reside in government housing of some type (subsidized apartments, public college dormitories, military housing, jails and penitentiaries), the homeless, almost all U.S. residents either live in a home they, or their family, owns or is paying off the mortgage, or they rent. read more »
The Trouble With The Congress For New Urbanism
I’ve been asked to submit a proposal for the next Congress for New Urbanism in May of 2018 by one of the organizers in Savannah, Georgia. I declined the first two times I was asked, then reluctantly agreed to offer a tentative outline the third time I was approached. I’m not convinced the committee will have much use for what I have to say. read more »
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California Politicians Not Serious About Fixing Housing Crisis
California’s political leaders, having ignored and even abetted our housing shortage, now pretend that they will “solve it.” Don’t bet on it. read more »
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The South's Big Cities Moment
August’s tragic events in Charlottesville kickstarted a somber debate about the appropriate way to commemorate the war that gave all Americans their freedom. It also triggered a conversation about whether the south’s legacy of rebellion and independence – with slavery a painful and regretful part of its past – is a legacy worth remembering. read more »
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U.S. Cities Have A Glut Of High-Rises And Still Lack Affordable Housing
Perhaps nothing thrills mayors and urban boosters like the notion of endless towers rising above their city centers. And to be sure, new high-rise residential construction has been among the hottest areas for real estate investors, particularly those from abroad, with high-end products accounting for 8o% of all new construction.
Yet this is not an entirely high-end country, and these products, particularly the luxury high-rises in cities, largely depend on a small segment of the population that can afford such digs. read more »
Forget the Urban Stereotypes: What Millennial America Really Looks Like
Perhaps no generation has been more spoken for than millennials. In the mainstream press, they are almost universally portrayed as aspiring urbanistas, waiting to move into the nation’s dense and expensive core cities.
Yet like so many stereotypes — often created by wishful thinking — this one is generally exaggerated and even essentially wrong. We now have a solid 15 years of data on the growth of young people ages 20-34, from 2000 to 2015, which covers millennials over the time they entered college, got their first jobs and, in some cases, started families. read more »
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Postcards From the Zombie Apocalypse
I’m regularly accused of being a doomer whenever I point out the obvious – that many aspects of how we’ve organized our affairs over the last several decades aren’t meant to last. So they won’t. The end of Jiffy Lube and Lean Cuisine isn’t The End. Civilization will carry on without them, I assure you. But when it’s suggested that our current set of arrangements won’t last forever people immediately imagine Mad Max, as if no other alternative exists. Things are going to change. They always have and they always will. read more »
Ontario’s Labor & Housing Policies: US Midwest Opportunities?
The Globe and Mail, a Canadian national newspaper, reports concerns raised by Magna International, Inc. that proposed provincial labor legislation (the “Fair Workplaces Better Jobs Act”) could result in seriously reduced economic competitiveness for Ontario, Canada’s most populous province (“Magna says new Ontario labour bill threatens jobs, investment”). read more »
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