Despite the claim to uniqueness that is quintessentially French, the housing bubble shares the same root as we see in the Anglo-Saxon world. To be sure, some analysts blame it only on low interest rates: they made the households more solvent, and thus drove home prices up. This rise in purchasing power might have been enhanced by some specific subsidies to new rental units. Some also y point to normative constraints on new buildings have added to production costs. read more »
Paris
The French housing Bubble also has Roots in Excessive Land Use Regulations
125 Years of Skyscrapers
Skyscrapers have always intrigued me. Perhaps it began with selling almanacs to subscribers on my Oregon Journalpaper route in Corvallis. I have continued to purchase almanacs each year and until recently, the first thing I would do is look in the index for "Buildings, tall” in the old Pulitzer The World Almanac, the best source until the Internet.
My 1940 edition is the first in which “Buildings, tall” appears. The world of skyscrapers has changed radically through the years. read more »
The Next Boom Towns In The U.S.
What cities are best positioned to grow and prosper in the coming decade?
To determine the next boom towns in the U.S., with the help of Mark Schill at the Praxis Strategy Group, we took the 52 largest metro areas in the country (those with populations exceeding 1 million) and ranked them based on various data indicating past, present and future vitality. read more »
Who’s Racist Now? Europe’s Increasing Intolerance
With the rising tide of terrorist threats across Europe, one can somewhat understandably expect a surge in Islamophobia across the West. Yet in a contest to see which can be more racist, one would be safer to bet on Europe than on the traditional bogeyman, the United States.
One clear indicator of how flummoxed Europeans have become about diversity were the remarks last week by German Chancellor Angela Merkel saying that multi-culturalism has “totally failed” in her country, the richest and theoretically most capable of absorbing immigrants. “We feel tied to Christian values,” the Chancellor said. “Those who don’t accept them don’t have a place here.” read more »
Why The 'Livable Cities' Rankings Are Wrong
Few topics stir more controversy between urbanists and civic boosters than city rankings. What truly makes a city "great," or even "livable"? The answers, and how these surveys determine them, are often subjective, narrow or even misguided. What makes a "great" city on one list can serve as a detriment on another.
Recent rankings of the "best" cities around the world by the Economist Intelligence Unit, Monocle magazine and the Mercer quality of life surveys settled on a remarkably similar list. For the most part, the top ranks are dominated by well-manicured older European cities such as Zurich, Geneva, Vienna, Copenhagen, Helsinki and Munich, as well as New World metropolises like Vancouver and Toronto; Auckland, New Zealand; and Perth and Melbourne in Australia. read more »
Move to Suburbs Continues in Western Europe
Despite the assertions of some planners and urban boosters, urban core population loss has been the rule since mid-century throughout the metropolitan areas of Western Europe (see note below). For example, the ville de Paris lost a quarter of its population from 1954 to 1999, Copenhagen shrank 39 percent from 1950 to 1991, inner London (This includes the 13 inner boroughs and the “city” of London, which are roughly the former London County Council area) declined by a third from 1951 to 1991 while Milan‘s population declined by a quarter from 1971 to 2001. read more »
PARIS: Urban Museum Amidst a Suburban Sea
I arrived in Paris on March 1 for my annual visiting professor assignment at the Conservatoire National des Arts et Metiers. Again, I have taken a flat (apartment) in the 1st arrondissement (district) in the heart of the ville de Paris, one of the world’s great pedestrian expanses. It is also one of the great virtual experiences – a place oddly disembodied from its setting.
The flat is just a couple of doors to the right on the first perpendicular street in the picture below, which was taken at the entrance of the Chatalet-Les Halles Metro-RER station, less than 200 yards away. read more »