Until 1970, owner-occupied housing was broadly affordable in the U.S.A., at a price-to-income ratio of 2.6. The higher ratios today are evidence that supply has not kept up with demand.
It’s always been a mug’s fame to bet against New York City, which was counted out only to quickly bounce back after 9/11 and again in 2008 after the financial system nearly collapsed.
It’s always been a mug’s fame to bet against New York City, which was counted out only to quickly bounce back after 9/11 and again in 2008 after the financial system nearly collapsed.
The metropolitan areas that form the “Texas Triangle” —Austin, Dallas-Fort Worth, Houston, and San Antonio— are emerging as distinctive models of 21st century urbanism.
Indianapolis was an unlikely candidate to emerge as a midwestern demographic and economic leader. It is an artificially created city, chosen by fiat as a centrally located capital for Indiana.
As Youngstown, Ohio lost its industrial base, it faced long-term effects from disinvestment and globalization – and a need for economic renewal. What lessons did the city learn, and can they be applied elsewhere?
The urban future in the coming decades will be largely an African one. Now home to 12 of the world’s largest cities and four megacities; Africa has the world’s fastest-growing urban population.
China represents the cutting edge of 21st century urbanism. The successes and failures of Chinese cities will shape global perceptions of city life, not only in that country but around the world.
As COVID-19 begins to wane and become endemic, the question for policymakers, theorists, and Americans at large is: What is in store for our nation’s big cities? Please return weekly to read each chapter as it is published.
This chapter describes general urbanization trends in the United States and around the world, from 1950 to the present. This book is being published as a series, with permission of the American Enterprise Institute. Please return weekly to read each chapter as it is published.
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