An expert says the Republican tax bill is likely to accelerate an exodus away from traditional tech hubs toward more affordable areas.
"Amazon's search for a second headquarters outside Seattle is just the beginning of a tech exodus from expensive coastal cities to cheaper inland locations," writes Sara Salinas. That's the opinion of Redfin CEO Glenn Kelman, who shared that opinion recently on CNBC's "Power Lunch."
According to Kelman, the trend is already underway, but there will be "an accelerating shift out of coastal cities as homeowners seek to avoid the higher tax rates of the recently passed Republican tax bill."
Kelman expects cities like Denver, San Antonio, and Houston to benefit most from the trend.
Read the full story: Silicon Valley will soon see a 'mass migration' of tech companies and talent, says Redfin CEO
Apple Pledges $2.5 Billion for Housing Affordability
It's been a big year for tech giants pledging money to mitigate the affordability crisis in the regions and cities they call home. Apple joins a club that includes Google, Facebook, and Microsoft.
Is Portland the Next San Francisco?
Now that tech companies have "discovered" Portland, Oregon, longtime residents question whether the progressive city has done enough to protect them from displacement. Sound familiar?
Less than 6% of California cities are building enough housing for very low-income households
Only five jurisdictions are on track to meet their housing goals for all income brackets.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
California plans to bury El Niño’s downpour
If the state plays its cards right, it may be able to store a billion acre-feet of El Niño’s water in aquifers.
Desperate measures: Advocates weigh draining Lake Powell to fill Colorado River
Draining the reservoir could reduce evaporation losses by a couple hundred thousand acre-feet.
Mamdani’s pied-à-terre tax survives legal challenge
A panel of judges found that the plaintiffs failed to demonstrate injury as a result of New York City's implementation of the tax.
Eastern Nebraska is running out of electricity
Data centers and electrification are straining eastern Nebraska’s grid, throttling economic development.
Seattle passes record-breaking transit services expansion
Proposition 1 will double the city’s transit tax to add 95,000 more bus trips and preserve 180,000 bus trips annually.
FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
The course focuses on the opportunities and imperatives that shape reinvention of mall sites.
City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
University of Michigan School for Environment and Sustainability (SEAS)
Hunter College, City University of New York (CUNY)
The Architects Foundation
City of Cambridge
Montrose County
The Pocatello Development Authority