An acquaintance of mine is trying to decide whether to move to Los Angeles or New York. Having spent most of her life in the Northeast, New York is a familiar city where she has good friends and job connections. However, she can’t help but feel the draw of the West Coast, and on a recent visit to Los Angeles, she was rather keen on settling down in Southern California, especially when she was comparing the rents in L.A. to those in New York. While rents in New York are increasingly stratospheric, L.A.’s are just exorbitantly high.
Financing
Could Good Design Have Prevented the Housing Crisis?
Architect Jeanne Gang and scholar Greg Lindsay have penned an opinion piece in which they investigate the ways in which designers and planners can fix the housing crisis by responding to economic, demographic, and cultural changes.
NY Times
Cash-Strapped Township Puts Bridge Up For Sale to Public
The Pennsylvanian township of Upper Salford is auctioning off a 35-year-old wooden bridge to the highest bidder through an online forum, the latest creative solution for cash-strapped local governments seeking to clean up expensive local problems.
The Philadelphia Inquirer
Community-Supported Businesses on the Rise
Stacy Mitchell reports on the growing trend of micro-financing, where small business people turn to the local community to get the funding they need to open restaurants or small shops.
Yes! Magazine
How Portland Sold Its Banks on Walkable Development
Finding financing is one of the biggest challenges for transit-oriented development. How did Portland convince its lenders to get on board?
Streetsblog
Expanding or Shrinking Your House at Will
The Klip House is a series of modular, prefab units that can be clipped together much like the binding on a ski boot, allowing homeowners to lease or own the home parts they need for their stage in life, then upgrade or downgrade when necessary.
BLDBLOG
Credit Crisis May Force Metro to Pay Millions
Metro and 30 other transit agencies across the country may have to pay billions of dollars to large banks as years-old financing deals unravel, potentially hurting service for millions of bus and train riders, transit officials said yesterday.
Washington Post






















