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You are here: Home1 / Articles2 / Urban Affairs

Rent Forever and Love It

August 29, 2022/in The Economy, Urban Affairs

Housing is an industry, but it is also where people live, raise families, and stake their future. Yet increasingly, all around the world, housing has increasingly become just a commodity to be traded, often by foreigner investors, notably from China, as well as by large well-capitalized financial institutions who plan to cultivate a generation of lifelong renters. In the notorious words of the World Economic Forum, “You will own nothing, and love it.” Well, you may not love it, but the first part is coming true.

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https://joelkotkin.com/wp-content/uploads/2022/08/hurricane-katrina-new-orleans-homes-destroyed.jpg 675 1200 Joel Kotkin /wp-content/uploads/2017/01/jkotkin_logo.png Joel Kotkin2022-08-29 07:25:332022-08-25 10:27:23Rent Forever and Love It

Irvine: A National Role Model

August 17, 2022/in California, Urban Affairs

Irvine provides a solution for transportation, energy and diversity issues bedeviling the country. The master-planned city represents the modern version of a 19th-century garden city – a largely self-contained and environmentally sustainable community.

Critically, Irvine is not an outlier, but a role model for other communities – from The Woodlands outside Houston to New Albany in central Ohio – that are creating a new and more sustainable reality for households and families. Indeed, in discussions with other developers and planners in my research, Irvine is repeatedly cited as an example of the kind of community they want to create.

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https://joelkotkin.com/wp-content/uploads/2022/08/Irvine_sunrise.jpg 960 1600 Joel Kotkin /wp-content/uploads/2017/01/jkotkin_logo.png Joel Kotkin2022-08-17 07:21:532022-08-16 10:22:10Irvine: A National Role Model

Engineered California

June 21, 2022/in Urban Affairs

Nothing so illustrates the mindset of green politics, particularly in California, as the word “natural,” which is taken to mean unspoiled, pure, and better than the workings of man. Yet few places are as fundamentally artificial, if measured by its dependency on human intervention, as California.

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https://joelkotkin.com/wp-content/uploads/2022/06/LostHills-NaturalGasWell_CA.jpg 675 1200 Joel Kotkin and Marshall Toplansky /wp-content/uploads/2017/01/jkotkin_logo.png Joel Kotkin and Marshall Toplansky2022-06-21 07:25:282022-07-22 17:13:07Engineered California

Reconsidering the City

June 13, 2022/in Demographics, Urban Affairs

Over five millennia, urban centers have been drivers of civilization and progress, and have adapted in ways that have changed their form and function but assured their survival. Today, they are about to undergo another critical transition that will determine their relative position in the decades ahead.

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https://joelkotkin.com/wp-content/uploads/2022/06/Stumptown_by_Sean-Benesh.jpg 675 1200 Joel Kotkin /wp-content/uploads/2017/01/jkotkin_logo.png Joel Kotkin2022-06-13 07:12:122022-06-10 10:21:57Reconsidering the City

America’s Great Cities are Gripped by Decline and Disorder

June 6, 2022/in Urban Affairs

For the past decade, America’s urban centres have been increasingly run by ‘progressive’ activists. Yet today, as US cities reel from collapsed economies, rising crime and pervasive corruption, there’s something of a revolt brewing, the success of which may well determine the role and trajectory of our great urban centres.

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https://joelkotkin.com/wp-content/uploads/2022/06/Police_Line_Crime_Scene_2498847226.jpg 853 1280 Joel Kotkin /wp-content/uploads/2017/01/jkotkin_logo.png Joel Kotkin2022-06-06 07:06:082022-07-22 17:11:11America’s Great Cities are Gripped by Decline and Disorder

What COVID Hath Wrought

May 28, 2022/in Demographics, Politics, The Economy, Urban Affairs

Glenn Ellmers’s analysis of COVID and Trump represents a classic, and effective, account of the situation from the perspective of declining liberty and adherence to traditional values. But though it is important and necessary to hold onto our highest ideals, I would like to emphasize what is actually taking place on the ground and its likely long-term implication.

Statistics show that COVID accelerated economic, demographic, and geographic trends which were already existent, but rarely acknowledged. These trends include large-scale migration to the south, the west, and the suburbs. COVID also, as Ellmers suggests, sharpened the conflict between many Americans and the ruling “expert” class, who, unlike most Americans, actually flourished under COVID.

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https://joelkotkin.com/wp-content/uploads/2022/05/COVID-impact_small-business.png 675 1200 Joel Kotkin /wp-content/uploads/2017/01/jkotkin_logo.png Joel Kotkin2022-05-28 07:25:302022-05-25 15:57:48What COVID Hath Wrought

There’s One Simple Trick for Making America’s Post-Pandemic Cities Great Again

May 18, 2022/in The Economy, Urban Affairs

America’s great cities are coming back, albeit slowly, from the shock of the pandemic, and its divisive aftermath. But don’t expect them to fully recover their former status any time soon.

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https://joelkotkin.com/wp-content/uploads/2022/05/New_York_City_night_skyline_by_Sarah-Meyer.jpg 675 1200 Joel Kotkin /wp-content/uploads/2017/01/jkotkin_logo.png Joel Kotkin2022-05-18 07:06:132022-05-15 14:06:24There’s One Simple Trick for Making America’s Post-Pandemic Cities Great Again

Serfing the Future?

April 27, 2022/in The Economy, Urban Affairs

Land ownership has shaped civilizations from their beginnings, with a constant interplay between great powers—the aristocracy, the state, the Church, the emperor—and those below them. History has oscillated between periods of greater dispersion of ownership, and those that favored greater concentration.

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https://joelkotkin.com/wp-content/uploads/2022/04/sydney-au_jeremy-bezanger.jpg 675 1200 Joel Kotkin and Wendell Cox /wp-content/uploads/2017/01/jkotkin_logo.png Joel Kotkin and Wendell Cox2022-04-27 07:25:162022-04-24 13:50:31Serfing the Future?

The Working Classes Are a Volcano Waiting to Erupt

April 21, 2022/in Politics, The Economy, Urban Affairs

Whatever the final outcome, the recent French elections have already revealed the comparative irrelevance of many elite concerns, from gender fluidity and racial injustice to the ever-present ‘climate catastrophe’. Instead, most voters in France and elsewhere are more concerned about soaring energy, food and housing costs. Many suspect that the cognitive elites, epitomised by President Emmanuel Macron, lack even the ambition to improve their living conditions.

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https://joelkotkin.com/wp-content/uploads/2022/04/gilets-jaunes_worker-protest-FR.jpg 675 1200 Joel Kotkin /wp-content/uploads/2017/01/jkotkin_logo.png Joel Kotkin2022-04-21 07:25:282022-05-05 13:33:25The Working Classes Are a Volcano Waiting to Erupt

Texas Is The Future

April 15, 2022/in Demographics, Urban Affairs

In 1946, the American author John Gunther described Houston as “mostly ugly and barren, without a single good restaurant and hotels with cockroaches”. The only reasons to live in the city, he claimed, were financial; it was a place “where few people think about anything but money”.

This view was widespread at the time, and has lingered well into the 21st century. Forget Houston. New York, Chicago, San Francisco, and Los Angeles are the cities most frequently associated with the urban American dream.

Fast forward to today, however, and a new urban renaissance is taking shape — and this time, it’s in the heart of Texas. Never before in American history have two metros in one state — Houston and Dallas-Ft. Worth — been in the nation’s five largest. So much for its cockroaches; at its current rate of growth, Houston could replace Chicago as the nation’s third largest municipality by 2030.

What’s driving this Texan resurgence? Traditionally, American cities such as Detroit, Cleveland, and St. Louis all tried to copy the model set by New York and, to a lesser extent, Chicago, with high-rise offices crowded into central business districts. But Texas urbanism is different. They may wear cowboy boots, drive pickup trucks, and attend rodeos, but Texans have created a new model of American urbanity rooted in the demands of the consumer market — an idea deeply offensive to many planners and retro-urbanists.

Some observers lament the fact that the vast majority of Texas’s metropolitan growth — nearly 100% — has taken place in the suburbs and exurbs. But this has its benefits, not least the fact that its cities haven’t been turned into rabbit warrens that only provide high living standards to the rich. Over the past decade, Texas has built three times as much housing as California. This has allowed its cities, despite massive demographic and economic growth, to keep housing prices significantly lower than in coastal Californian cities such as San Francisco, San Jose, San Diego and Los Angeles.

But while affordability has been the secret sauce for Texan cities, its urbanism also thrives by embracing the realities of the marketplace. Over the past decade, Austin and Dallas have created jobs two to three times faster than New York, Los Angeles, or Chicago. And this growth is not all at the low end of the job market, as some like the New York Times’s Paul Krugman suggest. Over the past five years, for instance, Austin has displaced San Francisco as the fastest growing tech market. Indeed, Austin is now arguably the strongest rival to Silicon Valley, home to the headquarters of Tesla, and Oracle, as well as Apple’s engineering division and Meta’s latest expansion, 33 floors downtown.

But the most significant expansion has been in professional and business services, the core of the new urban economy. Over the past five years, Austin and Dallas-Ft. Worth have created more than twice as many new business service jobs as San Jose; all four big Texas cities have grown this sector many times the rate of New York, Los Angeles, or Chicago. The Dallas metroplex is now home to 24 Fortune 500 company headquarters, trailing only New York and Chicago by a small number; 40 years ago, the region had fewer than five.

Read the rest of this piece at UnHerd.


Joel Kotkin is the author of The Coming of Neo-Feudalism: A Warning to the Global Middle Class. He is the Roger Hobbs Presidential Fellow in Urban Futures at Chapman University and Executive Director for Urban Reform Institute. Learn more at joelkotkin.com and follow him on Twitter @joelkotkin.

Homepage photo: from PxHere under CC 0.0 Public Domain.

https://joelkotkin.com/wp-content/uploads/2022/04/tx-flag-painted-barn.jpg 675 1200 Joel Kotkin /wp-content/uploads/2017/01/jkotkin_logo.png Joel Kotkin2022-04-15 07:27:212022-04-12 13:33:32Texas Is The Future
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