The Cities Where a Paycheck Stretches the Furthest 2017

This article first appeared at Forbes.

We often conflate high salaries with prosperity, but that can be deceptive. Someone who lives in New York or San Francisco might make more money than a counterpart in the same profession in Houston or Dallas-Fort Worth, but when the cost of living is factored in, their Southern colleagues may actually come out ahead.

At the Center for Opportunity Urbanism, we developed a Standard of Living Index to get a better sense of where workers are getting the most for their paychecks. We began with the Bureau of Economic Analysis regional price parities for the 107 metropolitan statistical areas with more than 500,000 residents, added the costs for purchasing the average house and weighted the index based on the national distribution of renting and owning (63 percent owning, 37 percent renting). Housing plays a disproportionate role in the difference in costs between the most and least expensive metro areas, as we will detail later.

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The Urban Revival is an Urban Myth, and the Suburbs are Surging

This article first appeared on The Daily Beast.

The past decade has seen a gusher of books arguing for and detailing the supposed ascendancy of dense urban cores, like the inimitable Edward Glaeser’s influential Triumph of the City: How Our Greatest Invention Makes Us Richer, Smarter, Greener, Healthier, and Happier, and about the ‘burbs as the slums of the future, abandoned by businesses and young people, like Leigh Gallagher’s The Death of Suburbia: Where the American Dream Is Moving.

But as we show in Infinite Suburbia, the new book we co-edited, the vast majority of American economic and demographic growth continues to take place there.
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The Future of America’s Suburbs Looks Infinite

This article first appeared at The Orange County Register.

Just a decade ago, in the midst of the financial crisis, suburbia’s future seemed perilous, with experts claiming that many suburban tracks were about to become “the next slums.” The head of the Department of Housing and Urban Development proclaimed that “sprawl” was now doomed, and people were “headed back to the city.” Read more

Is There a Civilization War Going On?

This article first appeared at The Orange County Register.

“Civilizations die from suicide, not by murder.” — Arnold J. Toynbee

From the heart of Europe to North America, nativism, sometimes tinged by white nationalist extremism, is on the rise. In recent elections, parties identified, sometimes correctly, as alt-right have made serious gains in Germany, Austria and the Czech Republic, pushing even centrist parties in their direction. The election of Donald Trump can also be part of this movement.

Why is this occurring? There are economic causes to be sure, but perhaps the best explanation is cultural, reflecting a sense, not totally incorrect, that western civilization is on the decline, a movement as much self-inflicted as put upon.

French intellectuals First to See the Trend

In 1973 a cranky French intellectual, Jean Raspail, published a speculative novel, “The Camp of the Saints,” which depicted a Europe overrun by refugees from the developing world. In 2015 another cranky Frenchman, Michael Houellenbecq, wrote a bestseller, “Submission,” which predicted much the same thing, ending with the installation of an Islamist government in France.

Both novels place the blame for the collapse of the Western liberal state not on the immigrants but on cultural, political and business leaders all too reluctant to stand up for their own civilization. This is reflected in such things as declining respect for free speech, the importance of citizenship, and even the weakening of the family, an institution now rejected as bad for the environment and even less enlightened than singlehood.

Critically, the assault on traditional liberalism has come mostly not from the reactionary bestiary, but elements of the often-cossetted left. It is not rightist fascism that threatens most but its pre-condition, the systematic undermining of liberal society from within…

Read the rest of the article at The Orange County Register.

Photo: JÄNNICK Jérémy [CC BY 3.0], via Wikimedia Commons

Rising Rents are Stressing Out Tenants and Heightening America’s Housing Crisis

This article first appeared at Forbes.

The home-buying struggles of Americans, particularly millennials, have been well documented. Yet a recent study by Hunt.com found that the often-proposed “solution” of renting is not much of a panacea. Rents as a percentage of income, according to Zillow, are now at a historic high of 29.1%, compared with the 25.8% rate that prevailed from 1985 to 2000.

No surprise, then, that 58% of the 1,300 renters in the Hunt survey said they felt “stressed” about their rent, or that many respondents said they couldn’t save for future purchases like homes. Rather than the sunny freedom promised by those who promote a “rentership society,” most of those surveyed said that finding a convenient place with the amenities they required – for example, fitness rooms, places for pets and adequate space – was very difficult. Some renters have been forced to euthanize their pets, spend upwards of 50 days looking for a place or move farther from family and friends. Read more

What Does the Future Hold for the Automobile?

This piece first appeared at The Orange County Register.

For a generation, the car has been reviled by city planners, greens and not too few commuters. In the past decade, some boldly predicted the onset of “peak car” and an auto-free future which would be dominated by new developments built around transit.

Yet “peak car,” like the linked concept of “peak oil” has failed to materialize. Once the economy began to recover from the Great Recession, vehicle miles traveled, sales of cars, and particularly trucks, began to rise again, reaching a sales peak the last two year. Instead, it has been transit ridership that has stagnated, and even fallen in some places like Southern California. Read more

How to Deal With an Age of Disasters

This article first appeared in The Orange County Register.

When Hurricane Harvey flooded Houston, followed by a strong hurricane in Florida, much of the media response indicated that the severe weather was a sign of catastrophic climate change, payback for mass suburbanization — and even a backlash by Mother Nature against the election of President Donald Trump.

Yet, these assumptions are often exaggerated. Although climate change could well worsen these incidents, this recent surge of hurricanes followed a decade of relative quiescence. Hurricanes, like droughts and heavy rains, are part of the reality along the Gulf Coast and the South Atlantic, just as droughts and earthquakes plague those of us who live in Southern California.

The best response to disasters is not to advance hysterical claims about impending doom, but rather resilience. This means placing primary attention on bolstering our defenses against catastrophic events, whether in protecting against floods, ice storms, earthquakes or droughts.

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Hurricanes Don’t Kill Cities — People Do

This piece originally appeared on Forbes.com.

Cities that believe in themselves are hard to kill. In the aftermath of Hurricane Harvey many pundits have urged Houston to abandon many of the traits that have made it a dynamic, growing metropolis, including key elements of its light-handed, pro-business regulatory regime.

Houston, we are told, should retrench and reduce its sprawl; Slate recommends New Orleans’ post-Katrina shrinkage as a model. This goes against the best of urban tradition. Great cities generally do not shrink themselves.

Many cities have rebounded and even improved after far more lethal devastation, including London, Berlin, Tokyo and New York. After the Great Chicago Fire of 1871, the city ultimately constructed a downtown that may well be the world’s most beautiful. San Francisco famously rebuilt itself after the 1906 earthquake and fire into “a new and improved city” that has evolved into an integral part of the world’s dominant tech hub.

In contrast cities that destroy themselves from within, like Detroit after the 1968 riots, and New Orleans before Katrina, can decline for decades.

Urban resiliency requires two things: Read more

Spotlight on Infrastructure After Harvey

This article first appeared at Real Clear Politics

The recent tragic events in Houston and across the Gulf Coast once again demonstrated the woeful inadequacy of our infrastructure. Hopefully, some good will come of Hurricane Harvey. Hopefully, it will jump-start the long-awaited Trump initiative on infrastructure, which may be the one issue that could unite this country.

Northeastern University’s post-disaster resiliency expert Daniel Aldrich notes the need for better storm water drainage systems and for fortifying existing infrastructure — and not just in Houston. Helping promote such investments represents perhaps the last best chance for creating a significant Trump legacy. Read more

U.S. Cities Have a Glut of High-Rises and Still Lack Affordable Housing

This piece originally appeared at Forbes.

Perhaps nothing thrills mayors and urban boosters like the notion of endless high-rise 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.

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