Commentary

City center job growth continues strength; suburbs rebounding from recession

As recently as the years 2002 to 2007, outlying urban neighborhoods and suburbs experienced much faster job growth than urban cores. But as a February 2015 City Observatory report, “Surging City Center Job Growth,” documented, that pattern reversed from 2007 to 2011, with urban cores overtaking more peripheral areas and maintaining positive job growth through […]

City center job growth continues strength; suburbs rebounding from recession Read More »

The demand for city living is behind the urban rent premium

The US faces a shortage of cities. More and more Americans, especially talented, young workers with college degrees, are looking to live in great urban locations. As we’ve explored at City Observatory, the demand for urban living has increased faster than the supply of great urban spaces—with the predictable result that the price of land

The demand for city living is behind the urban rent premium Read More »