The Economist's house-price indices suggest that the U.S. housing boom may be slowing down even as housing markets in some other nations are growing.
"America's boom is already slowing: the average price of a home rose by 7% in the year to December, compared with an 11% gain during 2001...Mr Greenspan acknowledges that there are local hot-spots, but rejects the notion of a national housing bubble, arguing that high transaction costs discourage the buying and selling frenzy seen in financial-market bubbles...He also sees little sign of an over-supply of new homes, which could later cause prices to plummet."
Thanks to Abhijeet Chavan
Read the full story: Betting the house
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
California plans to bury El Niño’s downpour
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Jenks campaigned on building 1,000 new units of affordable housing.
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FREE Course: Walkable City 1: Why Walkability?
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Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
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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
Montrose County
The Pocatello Development Authority