Failed investments and buildings with no tenants sit on the outskirts of Beijing and Shanghai.
The promise of fast rising home prices in China has attracted a lot of capital, but not all those investments have panned out: about a fifth of homes in urban areas have been bought and left vacant. "In recent decades, housing prices have risen nearly twice as fast as disposable income, according to Chen, who authored a report on the China’s housing boom in 2014 for the Federal Reserve Bank for St. Louis," Linda Poon reports for CityLab. Chinese investors hoping for high returns have continued to put money into this market. While some fear a bust, others don't see development slowing down as investors think the government will do what it can to avoid a crash.
FULL STORY: China’s Huge Number of Vacant Apartments Are Causing a Problem
Coronavirus Effects on the Global Transportation System
As the coronavirus continues to move across the globe, its effects on shared transportation modes and freight shipping are becoming more apparent.
Asian, Australian Property Markets Begin to Cool
Markets for residential property income of East Asia's most expensive cities are slowing down. The U.S.-China trade war is one factor, along with local controls and a mainland Chinese economy applying the brakes.
Population Limits Push Residents Out of Beijing and Shanghai
In top-tier Chinese cities like Shanghai and Beijing, new population caps have spurred the relocation of residents, many of them low-income, to smaller cities and the outskirts.
San Diego to Rescind Multi-Unit ADU Rule
The city wants to close a loophole that allowed developers to build apartment buildings on single-family lots as ADUs.
HUD Announces Plan to Build Housing on Public Lands
The agency will identify federally owned parcels appropriate for housing development and streamline the regulatory process to lease or transfer land to housing authorities and nonprofit developers.
Has President Trump Met His Match?
Doug Ford, the no-nonsense premier of Canada's most populous province, Ontario, is taking on Trump where it hurts — making American energy more expensive.
California Bill Aims to Boost TOD
A bill proposed by Sen. Scott Wiener would exempt transit agencies from zoning rules near ‘high-quality’ transit stops and allow denser transit-oriented development.
Report: One-Fifth of Seattle Households Are Car-Free
According to one local writer, the city’s low rate of car ownership should encourage officials to support public transit and reduce parking minimums.
California Lawmakers Move to Protect Waterways
Anticipating that the Trump EPA will reinstate a 2017 policy that excluded seasonal wetlands and waterways from environmental protections.
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.
Strategic Economics Inc
Resource Assistance for Rural Environments
City of Grandview
Harvard GSD Executive Education
UCLA Lewis Center for Regional Policy Studies
City of Piedmont, CA
Great Falls Development Authority, Inc.
NYU Wagner Graduate School of Public Service