One hundred and fifty years after twin defeats at Gettysburg and Vicksburg destroyed the South’s quest for independence, the region is again on the rise. People and jobs are flowing there, and Northerners are perplexed by the resurgence of America’s home of the ignorant, the obese, the prejudiced and exploited, the religious and the undereducated. Read more
/wp-content/uploads/2017/01/jkotkin_logo.png00Joel Kotkin/wp-content/uploads/2017/01/jkotkin_logo.pngJoel Kotkin2013-06-17 19:26:182017-02-26 16:52:45As the North Rests on Its Laurels, the South Is Rising Fast
Our tepid economic recovery has been profoundly undemocratic in nature. Between the “too big to fail” banks and Ben Bernanke’s policy of dropping free money from helicopters on the investor class, there have been two recoveries, one for the rich, and another less rewarding one for the middle class.
Viewed in this light, the recent run-up in home prices, the biggest in seven years, offers some relief from this dreary picture. Home equity accounts for almost two-thirds of a “typical” family’s wealth (those in the middle fifth of U.S. wealth distribution); there is no other investment by which middle-class families can so easily grow their nest eggs.
/wp-content/uploads/2017/01/jkotkin_logo.png00Joel Kotkin/wp-content/uploads/2017/01/jkotkin_logo.pngJoel Kotkin2013-06-10 23:09:132017-02-26 16:53:15Housing Boom Is The Best Chance For A Recovery For The Rest Of Us
In the wake of the post-2008 housing bust, suburbia has become associated with many of the same ills long associated with cities, as our urban-based press corps and cultural elite cheerfully sneer at each new sign of decline. This conceit was revealed most recently in a a study released Monday by the Brookings Institution–which has become something of a Vatican for anti-suburban theology–trumpeting the news that there are now 1 million more poor people in America’s suburbs than in its cities.
/wp-content/uploads/2017/01/jkotkin_logo.png00Joel Kotkin and Wendell Cox/wp-content/uploads/2017/01/jkotkin_logo.pngJoel Kotkin and Wendell Cox2013-05-21 23:44:152017-02-26 16:56:53Poverty and Growth: Retro-Urbanists Cling to the Myth of Suburban Decline
A year or two ago, pundits and planners, in California and elsewhere, proclaimed – and largely celebrated – the demise of suburbia. They were particularly heartened by a report, financed by portions of the real estate industry, that predicted the market for single-family homes in the state was hopelessly flooded, with a supply overhang of up to 25 years. The “new California dream” would supplant the ranch house with a high-density apartment, built along a transit or bus line. Read more
/wp-content/uploads/2017/01/jkotkin_logo.png00Joel Kotkin/wp-content/uploads/2017/01/jkotkin_logo.pngJoel Kotkin2013-05-14 17:21:032017-02-26 16:57:49Housing Market Fringe Movement
Perhaps no idea is more widely accepted among urban core theorists than the notion that higher population densities lead to more productivity and sustainable economic growth. Yet upon examination, there are less than compelling moorings for the beliefs of what Pittsburgh blogger Jim Russell calls “the density cult,” whose adherents include many planners and urban land speculators.
Let’s start at the top of the urban food chain, the world’s 28 megacities of over 10 million people (which we are defining as areas of continuous urban development, incorporating suburbs and satellite communities). Is greater density the key to great prosperity? Read more
/wp-content/uploads/2017/01/jkotkin_logo.png00Joel Kotkin/wp-content/uploads/2017/01/jkotkin_logo.pngJoel Kotkin2013-05-01 00:14:012017-02-26 16:40:57Megacities And The Density Delusion: Why More People Doesn’t Equal More Wealth
The modern megacity may have been largely an invention of the West, but it’s increasingly to be found largely in the East. The seven largest megacities (defined as areas of continuous urban development of over 10 million people) are located in Asia, based on a roundup of the latest population data released last month by Wendell Cox’s Demographia. The largest megacity remains the Tokyo-Yokohama area, home to 37 million, followed by the Indonesian capital of Jakarta, Seoul-Incheon, Delhi, Shanghai and Manila.
Marissa Mayer’s pronunciamento banning home-based work at Yahoo reflects a great dilemma facing companies and our country over the coming decade. Forget for a minute the amazing hubris of a rich, glamorous CEO, with a nursery specially built next to her office, ordering less well-compensated parents to trudge back to the office, leaving their less important offspring in daycare or in the hands of nannies.
The real issue is how we deal with three concerns: the promotion of families; humane methods to reduce greenhouse gases; and, finally, how to expand the geography of work and opportunity.
/wp-content/uploads/2017/01/jkotkin_logo.png00Joel Kotkin/wp-content/uploads/2017/01/jkotkin_logo.pngJoel Kotkin2013-03-26 20:59:182017-02-26 16:48:34Marissa Mayer’s Misstep And The Unstoppable Rise Of Telecommuting
Among the most pervasive, and arguably pernicious, notions of the past decade has been that the “creative class” of the skilled, educated and hip would remake and revive American cities. The idea, packaged and peddled by consultant Richard Florida, had been that unlike spending public money to court Wall Street fat cats, corporate executives or other traditional elites, paying to appeal to the creative would truly trickle down, generating a widespread urban revival.
Urbanists, journalists, and academics—not to mention big-city developers— were easily persuaded that shelling out to court “the hip and cool” would benefit everyone else, too. And Florida himself has prospered through books, articles, lectures, and university positions that have helped promote his ideas and brand and grow his Creative Class Group’s impressive client list, which in addition to big corporations and developers has included cities as diverse as Detroit and El Paso, Cleveland and Seattle.
/wp-content/uploads/2017/01/jkotkin_logo.png00Joel Kotkin/wp-content/uploads/2017/01/jkotkin_logo.pngJoel Kotkin2013-03-20 17:31:092017-02-26 16:49:37Richard Florida Concedes the Limits of the Creative Class
Since the housing crash of 2007, the decline of the Sun Belt and dispersed, low-density cities has been trumpeted by the national media and by pundits who believe America’s future lies in compact, crowded, mostly coastal and northern, cities. But apparently, most Americans have not gotten the memo — they seem to be accelerating their push into less dense regions of the Sun Belt.
An analysis of population data by demographer Wendell Cox, including the Census report for the most recent year released late last week, shows that since 2000, virtually all the 10 fastest-growing metropolitan areas in the United States are located in Sun Belt states. The population of the Raleigh, N.C., metropolitan statistical area has expanded a remarkable 47.8% since 2000, tops among the nation’s 52 metro areas with over 1 million residents. That is more than three times the overall 12.7% growth of those 52 metro areas.
John recently talked with John Munson, host of At Issue on Wisconsin Public Radio about the nation’s emerging growth corridors. From WPR:
John Munson and his guest explore America’s emerging “growth corridors,” or, the regions in our country that are economically thriving…and what the rest of the nation can learn from them. Guest: Joel Kotkin, Presidential Fellow in urban futures at Chapman University; contributing editor, City Journal. He’s also an adjunct fellow at the Manhattan Institute, and his new report is entitled “America’s Growth Corridors: The Key to National Revival.”
Click the Play button to listen. (mp3 audio file)
/wp-content/uploads/2017/01/jkotkin_logo.png00Mark Schill/wp-content/uploads/2017/01/jkotkin_logo.pngMark Schill2013-03-19 16:35:442019-02-22 17:13:28Joel Talking Growth Corridors on Wisconsin Public Radio