The argument that increased supply of urban housing will lower prices is rapidly being disproved by successive waves of gentrification throughout American cities. Stephen Smith offers a considered analysis of the economics behind this dynamic.
Researchers found in their analysis of 300 California municipalities that the cities that had slow growth or anti-growth policies were less impacted by the housing crisis, writes Mark Bergen for Forbes.
Washington D.C. drivers are the most accident prone out of 200 largest U.S. cities, according to a study by Allstate Insurance Co. The greater a cities population increases the chance of drivers getting into accidents.
Bay City, Michigan, which has seen seven consecutive months of rising home prices, is one of 25 metro areas seeing a rebound in their real estate market despite a slow economic recovery, Morgan Brennan reports for Forbes.