Neil Irwin takes an optimist's view toward recent data that show a slowing rate of increase for the price of housing in many parts of the country: "the new data offer hints that a disastrous era for housing may be ending."
Neil Irwin analyzes recent data from the S.&P./Case-Shiller home price index, which "showed prices rose 8.1 percent in 20 major cities in the 12 months ended in June, the lowest rate of increase since 2012."
While some might see some reason for concern in the news that the housing market might be slowing, Irwin makes the point that maybe the new data is a sign that national forces will no longer have such a powerful and irrational influence on the housing market: "Home prices can’t rise faster than incomes forever. So if the trend of the last few months continues, and the rate of price increases continues to come down to earth, it will be a sign that maybe, just maybe, we’ve put this long, horrible boom-bust cycle behind us."
FULL STORY: Why a Slowdown in Housing Prices Is Great News

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Map: Where Senate Republicans Want to Sell Your Public Lands
For public land advocates, the Senate Republicans’ proposal to sell millions of acres of public land in the West is “the biggest fight of their careers.”

Restaurant Patios Were a Pandemic Win — Why Were They so Hard to Keep?
Social distancing requirements and changes in travel patterns prompted cities to pilot new uses for street and sidewalk space. Then it got complicated.

Platform Pilsner: Vancouver Transit Agency Releases... a Beer?
TransLink will receive a portion of every sale of the four-pack.

Toronto Weighs Cheaper Transit, Parking Hikes for Major Events
Special event rates would take effect during large festivals, sports games and concerts to ‘discourage driving, manage congestion and free up space for transit.”

Berlin to Consider Car-Free Zone Larger Than Manhattan
The area bound by the 22-mile Ringbahn would still allow 12 uses of a private automobile per year per person, and several other exemptions.
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