New research from Trulia finds that an "economic convergence" of housing markets is not happening: the housing rich are getting richer, while the housing poor are getting poorer.
"The U.S. housing market is growing more unequal," according to an article by Ralph McLaughlin for Trulia.
McLaughlin summarizes the findings of the Trulia research shared in the post"
Over the past 30 years, prices in the 20 most expensive markets have risen much faster than prices in the 20 least expensive. What’s more, expensive markets almost always had bigger price gains compared to cheaper markets. In other words, the housing rich are getting richer while the housing poor are getting poorer.
The article includes specific data points to back up this narrative. One particular telling data point finds that the growth of San Francisco's home values has outpaced ten major U.S. cities combined (i.e., Rochester, Wichita, Fort Worth, Memphis, El Paso, Oklahoma City, Dallas, Tulsa, Greensboro-High Point, and Dayton). The article includes a lot of infographics and data to make a stark point a reality: "The financial fortune of homeowners in the U.S. has largely been determined by where they live, " and "regional disparities in home price growth may be effectively driving a geographical gap in wealth generation."
FULL STORY: Rich City, Poor City: How Housing Supply Drives Regional Economic Inequality
Research: Financial Practices Partly Responsible for the Rental Affordability Crisis
Zoning and the economy aren't the only factors in neighborhood change—financial regulations and policies, sometimes seemingly unrelated, also have an effect.
What’s in a Name? Investors vs. Speculators
We don’t often make a clear distinction between investors and speculators, which makes it harder to identify harmful behavior — and to find solutions for it.
How ‘Anti-DEI’ Efforts Impact Sustainable Transportation Studies
Research into accessibility, transit equity, and traffic safety is losing federal funding at an alarming rate.
National Parks Layoffs Will Cause Communities to Lose Billions
Thousands of essential park workers were laid off this week, just before the busy spring break season.
Retro-silient?: America’s First “Eco-burb,” The Woodlands Turns 50
A master-planned community north of Houston offers lessons on green infrastructure and resilient design, but falls short of its founder’s lofty affordability and walkability goals.
Delivering for America Plan Will Downgrade Mail Service in at Least 49.5 Percent of Zip Codes
Republican and Democrat lawmakers criticize the plan for its disproportionate negative impact on rural communities.
Test News Post 1
This is a summary
Test News Headline 46
Test for the image on the front page.
Balancing Bombs and Butterflies: How the National Guard Protects a Rare Species
The National Guard at Fort Indiantown Gap uses GIS technology and land management strategies to balance military training with conservation efforts, ensuring the survival of the rare eastern regal fritillary butterfly.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
EMC Planning Group, Inc.
Planetizen
Planetizen
Mpact (formerly Rail~Volution)
Great Falls Development Authority, Inc.
HUDs Office of Policy Development and Research
NYU Wagner Graduate School of Public Service