Texas cities top a ranking by Forbes of where your dollar goes the farthest. Affordable housing and promising job prospects made a big difference.
"'Texas, as a whole, is one of the few economies that's performing extremely well because of the energy and technology sectors,'" says Andrew Gledhill, an economist at Moody's Economy.com. Plus, he added, military bases in San Antonio have continued to draw a steady steam of personnel and federal employees to the city, spurring widespread job growth.
The state's manufacturing sector has also grown in recent years, and a reputation for affordable housing continues to lure people to the South. When accounting for median household income, a house in Dallas, for example--with a median price of about $150,000--is four times more affordable than a house in Los Angeles, the worst-ranked city on our list.
A house in New York is three times less affordable than in Charlotte, N.C., and four times less than in Denver, two cities where your money goes far and where the median house costs $245,000, according to the National Association of Realtors."
FULL STORY: Best And Worst Bang For The Buck Cities
Land-Use Regulation, Income Inequality and Smart Growth
A recent paper by Harvard economists Daniel Shoag and Peter Ganong titled, Why Has Regional Convergence in the U.S. Stopped? indicates that land development regulations tend to increase housing costs, which contributes to inequality by excluding lower-income households from more economically productive urban regions. Does this means that planners are guilty of increasing income inequality?
Affordable Housing Gives Life to The Bronx
The Bronx is slowly shedding its negative image as it boasts a job growth that is outpacing the entire New York City, and the fastest wage increases than any other borough in the city, reports Daniel Massey for Crain's New York Business.
The Permanent Affordability That Wasn't: Lessons from the Pythian Building
A high-stakes, high-profile community land trust project once hailed as a triumph in New Orleans ended in disaster for its residents, but it’s important to draw the right lessons about why.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Congressman Proposes Bill to Rename DC Metro “Trump Train”
The Make Autorail Great Again Act would withhold federal funding to the system until the Washington Metropolitan Area Transit Authority (WMATA), rebrands as the Washington Metropolitan Authority for Greater Access (WMAGA).
The Simple Legislative Tool Transforming Vacant Downtowns
In California, Michigan and Georgia, an easy win is bringing dollars — and delight — back to city centers.
The States Losing Rural Delivery Rooms at an Alarming Pace
In some states, as few as 9% of rural hospitals still deliver babies. As a result, rising pre-term births, no adequate pre-term care and "harrowing" close calls are a growing reality.
The Small South Asian Republic Going all in on EVs
Thanks to one simple policy change less than five years ago, 65% of new cars in this Himalayan country are now electric.
DC Backpedals on Bike Lane Protection, Swaps Barriers for Paint
Citing aesthetic concerns, the city is removing the concrete barriers and flexposts that once separated Arizona Avenue cyclists from motor vehicles.
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.
Smith Gee Studio
City of Charlotte
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
US High Speed Rail Association
City of Camden Redevelopment Agency
Municipality of Princeton (NJ)