Home sales have come to a near standstill in Shanghai, whose 20 million residents account for two percent of China's population, but 20 percent of the country's property value.
"Once one of the hottest markets in the world, sales of homes have virtually halted in some areas of Shanghai, prompting developers to slash prices and real estate brokerages to shutter thousands of offices.
For the first time, homeowners here are learning what it means to have an upside-down mortgage -- when the value of a home falls below the amount of debt on the property. Recent buyers are suing to get their money back. Banks are fretting about a wave of default loans."
Read the full story: China housing boom hits slump
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.
Eastern Nebraska is running out of electricity
Data centers and electrification are straining eastern Nebraska’s grid, throttling economic development.
Move over, LA: St. Louis gears up for Olympics, invests millions in downtown redevelopment
The Missouri city will host the 2028 Olympic soccer group stage and knockout matches.
Bill to overhaul energy permitting clears Senate
The Bipartisan American Affordability and Jobs Act of 2026 still needs to pass the House of Representatives.
MTA sends Dem leaders a wish list to mend Trump’s damages
Requests include exempting new train and bus components from tariffs and increasing transit security funding.
Mass. votes against statewide minimum lot size for single-family homes
Over 2 million residents voted on Question 7; it was decided by just over 30,000 votes.
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
The Pocatello Development Authority
The Urban Renewal Agency of the City of Pocatello