The same minority groups hit hardest by the housing bust are benefiting least during recovery.
African American and Hispanic households make up a smaller share of new home purchase loans than they did before the recession, write Laurie Goodman, Jun Zhu, and Taz George. This is despite steady growth in both groups between 2001 and 2005.
What happened? Many non-white households signed on to the predatory mortgages that helped lead to the housing collapse. They thus defaulted in higher numbers, and are now being kept out of the housing market by stringent lending practices. “Today’s credit inaccessibility is locking out African American and Hispanic borrowers disproportionately—at exactly the point in the economic cycle that favors new homeownership,” write Goodman, Zhu, and George.
Minorities Have Dominated Millennial Urban Growth
Despite the impression that young white people have reshaped cities' demographics, research shows that non-white Millennials account for the greater part of that growth.
Housing Recovery Gains Momentum, But Are We in for a Bumpy Ride?
While the housing market showed signs of improvement last year, economists are now confident that a recovery is underway. Housing currently adds 13 percent to the nation's economic growth, but is this a good thing?
Election 2012: The Demographic Time Bomb Explodes
Underlying President Obama's swamping the electoral college on election night were the demographic changes throughout the U.S. For the first time, Latinos voted in double-digits (10%). Republicans appear to have taken notice, but is it too late?
Maui's Vacation Rental Debate Turns Ugly
Verbal attacks, misinformation campaigns and fistfights plague a high-stakes debate to convert thousands of vacation rentals into long-term housing.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
In Urban Planning, AI Prompting Could be the New Design Thinking
Creativity has long been key to great urban design. What if we see AI as our new creative partner?
Massachusetts Budget Helps Close MBTA Budget Gap
The budget signed by Gov. Maura Healey includes $470 million in MBTA funding for the next fiscal year.
Milwaukee Launches Vision Zero Plan
Seven years after the city signed its Complete Streets Policy, the city is doubling down on its efforts to eliminate traffic deaths.
Portland Raises Parking Fees to Pay for Street Maintenance
The city is struggling to bridge a massive budget gap at the Bureau of Transportation, which largely depleted its reserves during the Civd-19 pandemic.
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.
Gallatin County Department of Planning & Community Development
Heyer Gruel & Associates PA
JM Goldson LLC
City of Camden Redevelopment Agency
City of Astoria
Transportation Research & Education Center (TREC) at Portland State University
Jefferson Parish Government
Camden Redevelopment Agency
City of Claremont