THE ‘’MAGIC KINGDOM’ OF HARTFORD
I've read numerous blog posts and articles asserting that gentrification or rich foreign investors increase housing costs by increasing demand. But people who raise this argument aren't always sensitive to the role of supply in the law of supply and demand: for example, one New York Times article states that increasing demand has raised rents, yet cites one housing advocate's statement that “Increasing the supply is not going to increase the number
A recent study by a Portland-are consultant and professor analyzed the rise of high-poverty neighborhoods, finding that only 105 census tracts with poverty rates over 30 percent in 1970 had poverty rates below 15 percent in 2010. By contrast, 1231 tracts with 1970 poverty rates below 15 percent have poverty rates over 30 percent today. (However, the study does not address the location of either group of tracts- that is, to what extent the gentrifying tracts are urban, and to what ex
Author Noah P. Boggess is a Master of Art's student in Sustainable Urban Development at DePaul University, in Chicago, Illinois. In June, he will be joining CNU as a Transportation Summitt Project Assistant. For inquiries on his research, contact Noah P. Boggess at email@example.com
A NEW YORK CITY MTA Bus almost ran me over this morning as I WALKED my bike in a crosswalk with a green light. Before he almost ran me over the driver honked at me, loudly, to tell me to get out of his way. And I repeat, I was walking in a crosswalk, with the walk light.
This article was originally posted on Public Sector Inc
By John Norquist
Mayor Fiorello LaGuardia once said that there is no Republican or Democratic way to pick up garbage, and he’s still largely right. Most mayors focus much more on service delivery than ideology. There is just too much to do on any given day for mayors to indulge in the hyper-partisanship that dominates Washington and the nation’s state capitals.
One of my favorite political slogans (more because of its catchiness than because of its wisdom)* is "If You Don't Want An Abortion, Don't Have One."
It occurs to me that this slogan would be quite appropriately adapted to an urbanist context. In response to NIMBY attacks on compact development, one might create bumperstickers with slogans like:
"If You Don't Want An Apartment, Don't Live In One."
"If You Don't Want A Small House, Don't Buy One."
Between 2000 and 2010, the number of renter-occupied housing units in New York increased by only 1.8 percent, while the number of households increased by 2.9 percent. I would imagine that if you add that to the increased demand arising from the post-recession difficulty of financing a home, you should have expected zooming rents, which is of course exactly what New York has.
New York's new mayor, Bill DeBlasio, has just proposed to spend $8 billion in taxpayers' money to create 80,000 new housing units. 80,000 is certainly better than nothing.
On the other hand, New York has 3 million occupied housing units today, so even if the DeBlasio plan works, the city's housing supply will increase by a grand total of 2.7 percent over the next decade- barely enough to keep up with population.