Inside The Sinosphere

Appearing in:

Forbes.com

This piece was co-written with Hee Juat Sim.

Avis Tang, a cool, well-dressed software company executive, lives on the glossy frontier of China’s global expansion. From his perch amid tower blocks of Tianfu Software Park on the outskirts of the Sichuan capital of Chengdu, the 48-year-old graduate of Taiwan’s National Institute of the Arts directs a team of Chinese software engineers who are developing computer games for his Beijing company, Perfect World Network Technology, for the Asian and world market.

Read more

The U.K. Riots And The Coming Global Class War

Appearing in:

Forbes.com

The riots that hit London and other English cities last week have the potential to spread beyond the British Isles. Class rage isn’t unique to England; in fact, it represents part of a growing global class chasm that threatens to undermine capitalism itself.

The hardening of class divisions has been building for a generation, first in the West but increasingly in fast-developing countries such as China. The growing chasm between the classes has its roots in globalization, which has taken jobs from blue-collar and now even white-collar employees; technology, which has allowed the fleetest and richest companies and individuals to shift operations at rapid speed to any locale; and the secularization of society, which has undermined the traditional values about work and family that have underpinned grassroots capitalism from its very origins.

Read more

Biggest Boomer Towns

Appearing in:

Forbes.com

The boomer generation, spawned (literally) in the aftermath of the Second World War, will continue to shape the American landscape well into the 21st Century. They may be getting older, but these folks are still maintaining their power. Those born in the first ten years of the boomer generation — between 1945 and 1955 — number 36 million, and they will continue to influence communities and real estate markets across the country, especially as they contemplate life after kids and retirement.

Much has been written about where “empty nesters” might move as their children move off on their own. One longstanding favorite is the notion that, having jettisoned their children, the boomers will also desert their suburban communities for the bright city lights.

Read more

California Wages War On Single-Family Homes

Appearing in:

Forbes

In recent years, homeowners have been made to feel a bit like villains rather than the victims of hard times, Wall Street shenanigans and inept regulators. Instead of being praised for braving the elements, suburban homeowners have been made to feel responsible for everything from the Great Recession to obesity to global warming.

In California, the assault on the house has gained official sanction. Once the heartland of the American dream, the Golden State has begun implementing new planning laws designed to combat global warming. These draconian measures could lead to a ban on the construction of private residences, particularly on the suburban fringe. The new legislation’s goal is to cram future generations of Californians into multi-family apartment buildings, turning them from car-driving suburbanites into strap-hanging urbanistas.

Read more

India Conquers the World

Appearing in:

Newsweek

From the exclusive Club Lounge on the 19th floor of Singapore’s Mandarin Oriental, Anish Lalvani gazes out at the city’s skyline, a dazzling array of glass and steel and vertical ambition. The Lalvani family has come a long way since the days when Anish’s paternal grandfather, Tirath Singh Lalvani, got his start in business by retailing medicines to King George VI’s soldiers in Karachi. Back then the city was a part of British colonial India—until independence arrived in 1947, and its inhabitants suddenly found themselves amid the bloody turmoil of the newborn Pakistan. The Lalvanis, like millions of others on both sides of the border, fled for their lives. But instead of making new homes in present-day India, the Lalvanis sought their fortunes abroad. Today the family’s Hong Kong–based Binatone Group employs some 400 people on four continents. “We couldn’t break the old boys’ network,” says Anish. “But overseas we created our own.” Read more

Why America’s Young And Restless Will Abandon Cities For Suburbs

Appearing in:

Forbes.com

For well over a decade urban boosters have heralded the shift among young Americans from suburban living and toward dense cities. As one Wall Street Journal report suggests, young people will abandon their parents’ McMansions for urban settings, bringing about the high-density city revival so fervently prayed for by urban developers, architects and planners.

Some demographers claim that “white flight” from the city is declining, replaced by a “bright flight” to the urban core from the suburbs. “Suburbs lose young whites to cities,” crowed one Associated Press headline last year.

Yet evidence from the last Census show the opposite: a marked acceleration of movement not into cities but toward suburban and exurban locations. The simple, usually inexorable effects of maturation may be one reason for this surprising result. Simply put, when 20-somethings get older, they do things like marry, start businesses, settle down and maybe start having kids.

Read more

Hey, Dad: Family Still Matters!

Appearing in:

Forbes.com

America is getting older. Those over the age of 65, which currently account for 12% of the population, are expected to make up 20% of the population by 2030. People are marrying later, and a growing group, though still a distinct minority, is choosing not to have children. So if there are proportionately fewer traditional households, do families still matter in determining how places and regions grow?

The answer is yes. Using Census data, with the help of demographer Wendell Cox, we determined the regions in the U.S. with the biggest increases in children ages 5 to 17 (See table below). These family hot spots, which include Raleigh, N.C. (No. 1), Austin, Texas (No. 3) and Charlotte, S.C. (No. 4), are also some of the country’s biggest job generators. Many rank highly in the fastest-growing cities in the U.S. And seven of the ten leading regions for kids also have the fastest-growing foreign-born populations.

Read more

The Katrina Effect: Renaissance On The Mississippi

Appearing in:

Forbes.com

In this most insipid of recoveries, perhaps the most hopeful story comes from New Orleans. Today, its comeback story could serve as a model of regional recovery for other parts of the country — and even the world.

You could call it the Katrina effect. A lovely city, rich in history, all too comfortable with its fading elegance and marred by huge pockets of third-world style poverty, suffers a catastrophic natural disaster; in the end the disaster turns into an opportunity for the area’s salvation.

Had Katrina never occurred New Orleans would likely have continued its inexorable albeit genteel decline; the area’s population dropped from 627,000 in 1960 to 437,000 in 2005, the year the hurricane occured. Instead the disaster brought new energy and a sense of purpose to the Big Easy.

Read more

Asia’s New Landless Peasants?

Appearing in:

Forbes.com

Landless people have long sparked instability in Asia. From the days of the Qin dynasty (3rd century B.C.), through the huge Taiping rebellion in the mid-19th century, to the successful Communist revolutions in China and Vietnam and a nearly successful insurrection in Malaysia during the mid-20th, the property-less have historically risen against those in power.

Today as East Asia grows more affluent, landlessness is again on the rise. Although peasants in many places remain both poor and restive, the real threat is in the region’s dynamic cities, where rapid increase in housing prices threatens to push hundreds of millions outside the property-buying market.

Read more

The Census’ Fastest-Growing Cities Of The Decade

Appearing in:

Forbes.com

Over the past decade urbanists, journalists and politicians have hotly debated where Americans were settling and what places were growing the fastest. With the final results in from the 2010 Census, we can now answer those questions, with at least some clarity.

Not only does the Census tell us where people are moving, it also gives us clues as to why. It also helps explain where they might continue to go in the years ahead.  This information is invaluable to companies that are considering where to expand, or contract, their operations.

Read more