In a recent YouTube video Avoid These Cities (Housing Crash 2022) EPB Research provides an analysis of the national market. In general, West Coast is bad and East Coast is OK, especially the southeast. The overly regulated western states with higher raw land prices and huge city fees result in higher home prices. read more »
Planning
Home Building and Developing in The New Normal
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Density and the Fertility Trap
Yesterday, Tyler Cowan mentioned in the Marginal Revolution blog that he wished books on urban areas “would spend more time discussing whether dense urban areas are simply a fertility trap.” read more »
Low Speed Fail
Curiouser and curiouser, said Alice as she grew taller and taller in Wonderland.
Curiouser and curiouser, said everyone paying even the slightest attention as the high-speed rail fantasy grew bigger and more expensive and further behind schedule and more incomprehensible and more ludicrous and now, yes, even possibly taller and taller in California. read more »
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A Better Future
In earlier times, even with a soaring population, Americans knew how to accommodate housing demand. In the eighteenth and nineteenth centuries we built cities from scratch along the frontier. The existing major urban centers—Boston, New York, Baltimore, Philadelphia—all expanded rapidly, both by density and expansion into land on the periphery. read more »
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Housing Affordability in California: Part 3 — A Way Forward
Urban containment has significant costs. In commenting on the association between London’s urban growth boundary,1 and the higher costs of housing, The Economist said: “Suburbs rarely cease growing of their own accord. The only reliable way to stop them, it turns out, is to stop them forcefully. read more »
“Straight Line Crazy” offers insights for post-pandemic real estate
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 »
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Housing Affordability in California: Part 2 — Urban Land Markets
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 »
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Homeowner’s Greatest Property Right is Single-Family Zoning
Some Confuse a Homeowner’s Greatest Property Right With How Many Uses the Homeowner can Utilize for Their Home
A homeowner’s greatest property right is not how many uses a homeowner can use their home, but neighborhood protection from uses not beneficial to single-family homes.
Dallas is Losing Homeowners read more »
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Concrete Columns Cracked
The first phase of the Honolulu rail transit system is supposed to open at the end of this year, with trains serving nine of the planned 21 stations. But those plans may be put on hold because read more »
Fair Park First Might Prompt 21st Century Urban Renewal, Wiping Out Neighborhoods
Recently, exciting plans for Fair Park were unveiled at an architectural forum by Fair Park First, the nonprofit selected to transform and manage Fair Park’s transformation. read more »
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