In a November 13 article entitled “Hong Kong banks lose appetite for prime space in world’s costliest city as work-from-home becomes permanent after pandemic,” the South China Morning Post (SCMP) reports that some of the strongest financial institutions in Hong Kong are embracing working at home. read more »
Newgeography.com - Economic, demographic, and political commentary about places
International Hong Kong Banks Embrace Working at Home
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America Isn't Falling Apart. It's Still the Land of Opportunity
More than 840,000 green card holders became citizens last year, the most in a decade. Over 10 percent of the American electorate was born elsewhere, the highest share in a half-century. All of Donald Trump’s huffing and puffing could not stop this demographic evolution; nor could an endless stream of stories about what an unequal, unfair, and no good place America has supposedly become. read more »
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Ownership and Opportunity: a new report from Urban Reform Institute
In a new report from Urban Reform Institute edited by Joel Kotkin, J.H. Cullum Clark and Anne Snyder explore what happens when opportunity stalls. Pete Saunders and Karla Lopez del Rio tell the story of how homeownership enabled upward mobility for their respective families. Wendell Cox quantifies the connection between urban containment policies and housing affordabilty. read more »
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France's COVID Fall
The coronavirus virus initially started in China, but it quickly made its way to the European Continent with France reporting its first case on the 24th of January. Like other countries the world over, the French people were asked to make a sacrifice for the common good as the government implemented public health care measures such as imposing a ban on mass gatherings, instituting handwashing protocols, enforcing social distancing, mandating masks and implementing other non-pharmaceutical measures. read more »
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Can Ford's Urban Gambit Survive Pandemic?
Ford Motor Co. unveiled grand plans this week to enhance its investment in the Corktown precinct of Detroit, envisioning creation of a 30-acre “mobility innovation district” around the iconic but crumbling Michigan Central train station that the automaker is restoring to make a hip urban locale for 2,500 engineers and tech people. read more »
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Watching the Sausage Get Made
Amtrak ridership is down by 87 percent, so Amtrak needs a $2.9 billion rescue from Congress, the company’s executive vice president, Stephen Gardner, told a congressional subcommittee yesterday. Transit ridership is down 70 to 90 percent, added American Public Transportation Association president Paul Skoutelas, so the transit industry wants a $32 billion bailout from Congress. read more »
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Governor Preen: Newsom's Woke Posturing Masks California's Dismal Economic Record
If Hollywood were to cast a governor and future president, and if a straight white male were still politically acceptable, he would look like California’s Gavin Newsom. The 53-year-old governor, a former mayor of San Francisco, Newsom handsomely epitomizes the preening politics of the California elite class that has nurtured and financed his career from the beginning. read more »
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The Post-Pandemic Housing Reality
Join the discussion on a new policy agenda for home ownership and opportunity in our post-pandemic economy.
Hosted by Urban Reform Institute read more »
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Katowice-Gliwice-Tychy: The Evolving Urban Form
Katowice-Gliwice-Tychy (hyperlinks are audio pronunciations) is fast-developing Poland’s second largest continuously developed urban area (urban agglomeration), with 1.7 million residents. read more »
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The End Game
With the election of Joe Biden, the environmental movement has now established suzerainty over global economics. Gone not only is the troublesome Donald Trump but also the Canadian skeptic Steven Harper. Outside of those dismissed as far right, there is virtually no serious debate about how to address climate change in the U.S. or Western Europe outside the parameters suggested by mainstream green groups. read more »
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