Houston is a city (metropolitan area) of superlatives. The most recent Brookings Institution data shows that Houston has the seventh strongest per capita economy (gross domestic product) in the world (Figure 1). This places Houston above New York and more surprisingly, perhaps, other cities perceived to have strong economies are far below Houston and outside of the top 10, such as London, Tokyo and Chicago. read more »
Demographics
How Silicon Valley’s Oligarchs Are Learning to Stop Worrying and Love Trump
The oligarchs’ ball at Trump Tower revealed one not-so-well-kept secret about the tech moguls: They are more like the new president than they are like you or me.
In what devolved into something of a love fest, Trump embraced the tech elite for their “incredible innovation” and pledged to help them achieve their goals—one of which, of course, is to become even richer. And for all their proud talk about “disruption,” they also know that they will have to accommodate, to some extent, our newly elected disrupter in chief for at least the next four years. read more »
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Sydney Lurches to Housing Affordability Disaster
Now and again Australia erupts in controversy about housing affordability. Each time it follows the same course. Some new statistic or media story confirms that prices are out of control. A senior politician is prompted to call for deregulation and more supply, and is backed-up by the property industry. Then come progressive policy wonks saying no, the issue is high investor demand stimulated by tax concessions. Next emerge the welfare lobby, calling for tax reform as well as more social housing and “inclusionary zoning”. read more »
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The Future of Racial Politics
From its inception, the American experiment has been dogged by racial issues. Sadly, this was even truer this year. Eight years after electing the first African-American president, not only are race relations getting worse, according to surveys, but the electorate remains as ethnically divided as in any time of recent history. read more »
A Summary of the Analysis and Motivators of Growth in the Austin - San Antonio Corridor
This essay is part of a new report from the Center for Opportunity Urbanism titled "The Texas Way of Urbanism". Download the entire report here.
A new economic corridor is emerging in the center of Texas. Hays and Comal Counties are part of the Austin and San Antonio metropolitan areas respectively. But they are not merely suburbs capturing overflow from larger cities. They are becoming part and parcel of an emerging 80-mile long economic corridor between San Antonio and Austin, along the I-35. In the process, this region centered around San Marcos and Hays County, is emerging as a hub in its own right. read more »
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Military Employment and the Upward Mobility of Latinos in San Antonio
This essay is part of a new report from the Center for Opportunity Urbanism titled "The Texas Way of Urbanism". Download the entire report here.
The long presence of military installations extending back approximately a century has led to the designation of San Antonio as Military City USA. The military continues to be one of the city’s major employers. The area’s six military bases — Fort Sam Houston, Lackland Air Force Base, Randolph Air Force Base, Brooks City-Base, Camp Bullis, and Camp Stanley — together represent one of the largest active and retired military populations in the country. A 2011 study found that the Department of Defense (DoD) had a $27.7 billion impact on the city’s economy; supported 189,148 jobs in the city; granted $4 billion in contracts locally; and provided support for 55,000 DoD retirees in the community. read more »
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Opportunity Urbanism: The Tech Edition
This essay is part of a new report from the Center for Opportunity Urbanism titled "The Texas Way of Urbanism". Download the entire report here.
Any observer of urbanism in America knows that Austin tops numerous rankings of urban dynamism. Austin --- defined as a metropolitan area, not just the city --- is consistently atop Forbes’ annual list of Best Cities for Jobs in America over the past five years, which is why so many people move there in the first place. read more »
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Houston, City of Opportunity
This essay is part of a new report from the Center for Opportunity Urbanism titled "The Texas Way of Urbanism". Download the entire report here.
Creative friction – unchaperoned and unprescribed – is Houston’s secret sauce.
At a time when Americans’ confidence in all major U.S. institutions – minus the military and small business – has sunk below the historic average, and only about 20 percent of Americans say they spend time with their neighbors, one would expect pessimism to be universal. But come to the concrete sprawl just north of the Gulf and you’ll find a different vibe, one that other cities would do well to emulate. read more »
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The Texas Urban Model
This essay is part of a new report from the Center for Opportunity Urbanism titled "The Texas Way of Urbanism". Download the entire report here.
The future of American cities can be summed up in five letters: Texas. The metropolitan areas of the Lone Star state are developing rapidly. These cities are offering residents a broad array of choices — from high density communities to those where the population is spread out — and a wealth of opportunities. read more »
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The Emergence of Texas Urbanism; The Triangle Takes Off
This essay is part of a new report from the Center for Opportunity Urbanism titled "The Texas Way of Urbanism". Download the entire report here.
Throughout the history of the United States, much of the nation’s economic vitality can be traced to specific regions and their mastery of the productive sectors which propelled the country forward. Today we see this most evident in the remarkable emergence of the “Texas Triangle” encompassing Houston, Dallas-Ft. Worth, and Austin-San Antonio. read more »