<p> I apologize for self-promotion but you have to admit that parts of this interview posted here at <a href="http://www.clevelandfed.org/Forefront/2009/12/ff_20091216_07.cfm">http://www.clevelandfed.org/Forefront/2009/12/ff_20091216_07.cfm</a> are funny and mildly thought provoking! This interview focuses on the causes and consequences of "green cities". </p> <p class="interview_q"> Here is an excerpt: </p> <p class="interview_q"> Richter: On your blog, you noted that you can buy 100 homes in Detroit for the price of one in Westwood [where UCLA is located]. Is that a good deal? </p>
I apologize for self-promotion but you have to admit that parts of this interview posted here at http://www.clevelandfed.org/Forefront/2009/12/ff_20091216_07.cfm are funny and mildly thought provoking! This interview focuses on the causes and consequences of "green cities".
Here is an excerpt:
Richter: On your blog, you noted that you can buy 100 homes in Detroit for the price of one in Westwood [where UCLA is located]. Is that a good deal?
Kahn: I started this blog because my wife wanted me to stop telling her all my ideas, and this was a cheap way to communicate with all my friends in academia. Many of them read it and then send me rude remarks. But to your question, UCLA has been suffering from high local real estate prices! A sign to economists of great quality of life is high real estate prices, but UCLA is having trouble recruiting faculty because of it. Faculty at an Ohio State or a university in Boston say, "UCLA is a great school, but I can't afford the housing nearby." I'm talking about a $1.3 million, 2,000 square foot house, not the Playboy mansion, that is affecting the ability of UCLA to recruit.
Then I read another webpage that Detroit homes are $13,000 each. So my thinking was along these lines: I'm writing a new book about how climate change will affect cities' quality of life. For example, if winter becomes warmer in Cleveland and Detroit and other Midwest and Northeast cities, then by the year 2075 the current huge home price differential between Los Angeles and these cities could sharply shrink. If these cities become warmer, will Cleveland and Detroit by the year 2075 be much more desirable places? A good economist should react to that news before it is reflected in prices. So I should be selling my Westwood house and making this purchase now.
But when people commented on my piece they pointed out that most of these Detroit homes have been stripped down, no metal. You would have to invest a huge amount of money to make these livable homes. While you can buy a Detroit home for $13,000, you cannot move into it.
The Hyperloop’s Prospects Dim
The media is coming around to the idea that the hyperloop is not a near-term solution for the country’s transportation woes. It’s too little, too obvious, too late.
The Great American Exodus: A Conservative's Perspective
During his keynote speech on September 11 at the National Conservatism Conference in Miami, Florida Governor Ron DeSantis describes the demographic shifts in America since he became governor in 2019 in what he calls the 'Great American Exodus.'
Disneyland Is Too Crowded. Is More Capacity Needed?
Disneyland has a plan to create more supply to meet contemporary demand, a strategy reminiscent of contemporary debates surrounding housing and transportation.
Jaywalking Decriminalized in California
Another day, another historic planning-related bill signed into law in the Golden State.
Smart Growth Plan Hopes to Rein in Sprawl in Walla Walla
The Washington city reformed its zoning code to support more multifamily development and a diversity of housing types to meet the needs of its growing population.
The Resilience of Bikeshare
The inherent simplicity of bikes makes shared mobility systems a crucial transportation option during natural disasters.
California High Speed Rail Authority
City of Fargo, North Dakota
City of Crystal River
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.