If you’ve ever contemplated getting up at 3, 4, or 5 am only to brave large crowds to fight over scarce merchandise, well, think again. Instead of looking into census data this Thanksgiving, we thought we’d look at more “fun” data, specifically, Black Friday shopping habits– and whether or not they make sense. Recently, several […]
Why Black Friday Just Isn’t Worth It Read More »
A few months back our friends at CityLab published the results of a survey looking at differences in attitudes about cities and suburbs under the provocative headline, “Overall, Americans in the suburbs are still the happiest.” Their claim is buttressed with a reported finding that 84 percent of all the respondents in suburbs said that
Are suburbs really happier? Read More »
Last month, we released our Young and Restless report, tracing the growth of well-educated young adults in in the nation’s largest metro areas. We found that across the nation, college-educated 25 to 34 year olds were much more likely than other metro area residents to choose to live in close-in urban neighborhoods. While the trend
Focus: Detroit’s Young and Restless Read More »
The big idea: housing in desirable city neighborhoods in getting more expensive because the demand for urban living is growing. The solution? Build more great neighborhoods. To an economist, prices are an important signal about value: rising prices for an object or class of objects signal increasing value relative to other objects. In our conventional supply
Our Shortage of Cities: Portland Housing Market Edition Read More »
There is a central and unacknowledged problem in urban transportation: The price is wrong. Underlying traffic congestion, unaffordable housing, and the shortage of great urban places is the key fact that we charge the wrong price for using roads. Nowhere are the effects of mispriced roads more apparent than on-street parking. Only for car storage
Parking: The Price is Wrong Read More »
The Myth: Traffic congestion is getting worse The Reality: Congestion has declined almost everywhere It’s a common movie trope – a busy commuter rushes out of his downtown office at 5pm, hoping to get only to enter a citywide traffic jam. In reality, traffic congestion across the country has been in steady decline thanks to
The four biggest myths about cities – #4: Traffic is getting worse Read More »
