We often conflate high salaries with prosperity, but that can be deceptive. Someone who lives in New York or San Francisco might make more money than a counterpart in the same profession in Houston or Dallas-Fort Worth, but when the cost of living is factored in, their Southern colleagues may actually come out ahead. read more »
Newgeography.com - Economic, demographic, and political commentary about places
The Cities Where A Paycheck Stretches The Furthest 2017
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St. Louis and the Consequences of Consolidation
Brian Feldman’s piece about how consolidation killed St. Louis got a lot of attention when it came out last year. He argues that a rollback of anti-trust regulations that allowed industrial consolidation was the silent killer of what were once key regional business capitals like St. Louis. read more »
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#MeToo Solidarity
Sexual harassment is both a labor and gender justice issue. After all, the workplace is the epicenter of women’s recent outrage about sexual harassment and assault. Hollywood titans, respected reporters, and celebrity chefs all used their power over women’s paychecks in order to gain power over their bodies. Women (and some men) have responded by speaking out individually, yet their inspiration is decidedly collective; strength in numbers is what’s fueling the revelatory headlines. read more »
Eric Garcetti for president? Really?
Someone may be putting something in the Los Angeles water supply. In the past months, two unlikely L.A.-based presidential contenders — Mayor Eric Garcetti and Disney Chief Robert Iger — have been floated in the media, including in the New York Times. read more »
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The Urban Revival Is an Urban Myth, and the Suburbs Are Surging
The past decade has seen a gusher of books arguing for and detailing the supposed ascendency of dense urban cores, like the inimitable Edward Glaeser’s influential Triumph of the City: How Our Greatest Invention Makes Us Richer, Smarter, Greener, Healthier, and Happier, and about the ‘burbs as the slums of the future, abandoned by businesses and young people, like Leigh Gallagher’s read more »
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COU Standard of Living Index 2017 – 2nd Annual Edition
In this policy brief, The COU Standard of Living Index, COU provides cost of living estimates for new entrants to metropolitan markets, including prospective home buyers as well as renters. See the report to understand the detailed criteria used to create the standard of living index. read more »
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To Revitalize Rust Belt Cities, First Stabilize Their Budgets
We seem to be in the process of rediscovering the Rust Belt, as a result of Donald Trump’s surprise victory in the 2016 presidential election. Anyone who has recently visited Detroit, Youngstown or Erie can understand what Trump meant when he spoke in his inaugural address of “American carnage.” read more »
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The Price of Texas Growth: Housing Affordability
The strong recovery from the Great Recession, fueled by the shale oil boom, propelled the demand for single-family homes in Texas. Homebuilders have been unable to keep pace with increasing demand. Supply is limited by the availability of land and labor constraints, pushing up home prices. read more »
Playgrounds for Elites
The revival of America’s core cities is one of the most celebrated narratives of our time—yet, perhaps paradoxically, urban progress has also created a growing problem of increasing inequality and middle-class flight. Once exemplars of middle-class advancement, most major American cities are now typified by a “barbell economy,” divided between well-paid professionals and lower-paid service workers. read more »
Houston Market HOUSTON HOUSING 3Q17: Impact of Harvey Strongest in the Resale Market; New Home Sales Should Surge in 2018
• Houston’s new home market and general economic conditions cannot be discussed without touching on the impacts of Hurricane Harvey, which damaged 167,000 single family homes throughout the Greater Houston Area. read more »
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