Could a severe housing market slowdown projected for more than 100 US metropolitan areas lead to a country-wide recession?
"Housing prices, slumping after a five-year boom, are projected to decline in more than 100 of the nation's metropolitan areas, with the Northeast, Florida and California among the areas hardest hit. The forecast by Moody's Economy.com, a private research firm, presents one of the starkest views yet of the housing slowdown that has been gathering force in recent months...The report projected that 133 of the nation's 379 metropolitan areas would suffer price declines. Those metropolitan areas with declining prices account for nearly one-half of the value of the nation's stock of single-family homes... Some analysts are worried that the slowdown could become so severe that it could drag the entire country into a recession, much as the bursting of the stock market bubble in 2000 led to the 2001 slump."
FULL STORY: Forecast sees housing prices falling
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Vehicle-related Deaths Drop 29% in Richmond, VA
The seventh year of the city's Vision Zero strategy also cut the number of people killed in alcohol-related crashes by half.
Can We Please Give Communities the Design They Deserve?
Often an afterthought, graphic design impacts everything from how we navigate a city to how we feel about it. One designer argues: the people deserve better.
Missouri Tenants Sue Housing Owners Over Tax Credit Program
In Springfield, Missouri, organized tenants have filed a lawsuit against the past and present owners of their tax credit–financed properties, claiming that in exercising an opt-out provision they violated both state and federal requirements.
Judge Halts Trump Order Tying State Transportation Grants to Immigration Actions
Ruling applies to Colorado, which was among 20 plaintiff states.
New York MTA to Reimagine Subway Bottleneck
Changes proposed in a recently approved five-year plan would resolve a nearly century-old snarl that routinely delays trains.
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.
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Smith Gee Studio
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
City of Camden Redevelopment Agency
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