February 2016

New data from the national traffic safety administration shows an ominous trend: traffic related deaths are up 11.3 percent for the first nine months of 2015, as compared to the same period a year earlier. Although the NHTSA warns that the data are subject to revision, and cautions that it’s too early to discern the […]

What City Observatory did this week 1. More evidence on the “Dow of cities.” We’ve argued before that evidence of shifting demand for urban real estate can be read as a sort of “stock” in cities—and that cities’ stock has been rising. A new report from Zillow underscores this trend. It finds that for the first

Over the last few months, we’ve outlined a number of policy ideas that address the problem of housing affordability by dramatically expanding the number of people receiving some sort of housing assistance. (Low-income people, that is. We think the number of affluent people receiving housing assistance is already pretty high.) We suggested taxing the growth

We’ve known for a long time that housing shortages are a major driver of high housing prices—and that, as a result, places that prevent new construction also tend to have big affordability problems. But now, for the first time that we’re aware of, researchers have taken the next step to showing directly that places like

First-time home buyers play a critical role in the housing market. The influx of new households into the owner-occupied market is a key source of sales, and provides impetus for existing homeowners to move, liquidate their investment, or trade up to a bigger or better house. They’re the bottom of the home-buying pyramid. The number

Last year, we described the widening gap between typical housing values in cities and suburbs as the “Dow of cities”: Just as differences in stock prices signal the performance of companies, variations in average home prices are a market signal of the performance of cities. High and rising prices, relative to the overall market, are

What City Observatory did this week 1. Don’t demonize driving—just stop subsidizing it. City Observatory likes to make data-driven arguments—but the rhetorical frameworks we use to explain the data matter, too. Here, we take a minute to try to reframe the urbanist argument about the role of cars in a “good” city. While advocates’ rhetoric

A few months ago, we offered a proposal to dramatically increase funding for affordable housing and put a damper on real estate speculation: tax housing capital gains. While San Francisco’s voter-approved Proposition A will produce a one-time infusion of $310 million for below-market housing, and that city’s inclusionary zoning ordinance has produced just about $30

Like many cities in the US, Portland has been experiencing an affordable housing crisis as rents have risen substantially over the last several years. One proposed solution to this problem is inclusionary zoning—requiring people who build new apartments to hold some units’ rent at below-market rates. In the coming month or so, the Oregon Legislature

Update: As reported by the San Francisco Chronicle, the SF Board of Supervisors has passed the ordinance in question. As bitter as the housing debate in the San Francisco Bay Area gets sometimes, no one disagrees that the region is facing a crisis of high costs. It’s just that some people believe the crisis can’t be resolved