I have written about Foursquare a number of times over the years (here and here) and I continue to be a regular user. I am intrigued by all of the location-based data that they collect through their apps.
Below is a recent Recode Decode (podcast) with Dennis Crowley (co-founder) and Jeff Glueck (CEO) of Foursquare. They are talking about what’s next for the company. If you can’t see it below, click here.
I have written about Foursquare a number of times over the years (here and here) and I continue to be a regular user. I am intrigued by all of the location-based data that they collect through their apps.
Below is a recent Recode Decode (podcast) with Dennis Crowley (co-founder) and Jeff Glueck (CEO) of Foursquare. They are talking about what’s next for the company. If you can’t see it below, click here.
Here’s a content sample from Recode:
Today, Foursquare makes most of its money from selling that data to big companies, calling itself a “location intelligence company.” But as co-founder Dennis Crowley and CEO Jeff Glueck explained on the latest episode of Recode Decode, hosted by Kara Swisher, they haven’t stopped thinking about everyday users.
“Imagine a friend is walking alongside you,” Crowley said. “Can we make a personality like that, that talks to you in that sense? It’s not 30 years out. We’re going to be playing with this stuff a year from now.”
“I want to make that Scarlett Johansson that whispers in your ear, but it’s all about local places and local discovery,” he added. “I want to replicate the experience of walking through the city with a friend that knows the city inside and out, and I want to make that for millions of people.”
I thought some of you might find this interesting.
This week Strong Towns has been running a great social media campaign called #BuildHereNow.
The way it works is very simple. They asked people to get outside and take photos of vacant and/or underutilized properties in their town or city and post them to Twitter or Instagram using the hashtag #BuildHereNow. The goal was to start to identify properties that could “use a little love" and to encourage city builders who might need a little push to develop a particular property.
I’m a big fan of crowdsourcing information and I love the idea of digitally annotating buildings and spaces. In this case, it’s about pulling together the desires of the community,
Hashtags are a great way to quickly make something like this happen, but I would love to see a purpose-built tech platform do this in a more permanent way. Of course, it doesn’t just have to be about developing. Buildings are rich in information; hopefully so rich that a platform like this could survive.
If you think about it, property titles are already a form of annotating real property. So this isn’t really a new idea.
But now technology allows us to harvest all kinds of other information – such as what people would like to see built. Imagine the possibilities if we became more effective at collecting, organizing, and leveraging this data at scale.
Whenever I read studies that cite census data, I’m often left feeling like the data is out-of-date.
Five years – which is how often Canada conducts its national census – is a long time. Somebody could move to this country for school, complete a 4-year degree, and then leave, and we wouldn’t even pick it up in our data.
Thankfully, we’ve at least reinstated the long-form census for next year. Here are the questions, if you’re curious.
But all of this is a digression.
This morning I read through a housing report that the City of Toronto published in October of this year. It’s about housing trends. And I wanted to share the below chart that covers housing completions for the period of 1996 to 2014. Keep in mind that this is for the City of Toronto, and not the Greater Toronto Area.
Here’s a content sample from Recode:
Today, Foursquare makes most of its money from selling that data to big companies, calling itself a “location intelligence company.” But as co-founder Dennis Crowley and CEO Jeff Glueck explained on the latest episode of Recode Decode, hosted by Kara Swisher, they haven’t stopped thinking about everyday users.
“Imagine a friend is walking alongside you,” Crowley said. “Can we make a personality like that, that talks to you in that sense? It’s not 30 years out. We’re going to be playing with this stuff a year from now.”
“I want to make that Scarlett Johansson that whispers in your ear, but it’s all about local places and local discovery,” he added. “I want to replicate the experience of walking through the city with a friend that knows the city inside and out, and I want to make that for millions of people.”
I thought some of you might find this interesting.
This week Strong Towns has been running a great social media campaign called #BuildHereNow.
The way it works is very simple. They asked people to get outside and take photos of vacant and/or underutilized properties in their town or city and post them to Twitter or Instagram using the hashtag #BuildHereNow. The goal was to start to identify properties that could “use a little love" and to encourage city builders who might need a little push to develop a particular property.
I’m a big fan of crowdsourcing information and I love the idea of digitally annotating buildings and spaces. In this case, it’s about pulling together the desires of the community,
Hashtags are a great way to quickly make something like this happen, but I would love to see a purpose-built tech platform do this in a more permanent way. Of course, it doesn’t just have to be about developing. Buildings are rich in information; hopefully so rich that a platform like this could survive.
If you think about it, property titles are already a form of annotating real property. So this isn’t really a new idea.
But now technology allows us to harvest all kinds of other information – such as what people would like to see built. Imagine the possibilities if we became more effective at collecting, organizing, and leveraging this data at scale.
Whenever I read studies that cite census data, I’m often left feeling like the data is out-of-date.
Five years – which is how often Canada conducts its national census – is a long time. Somebody could move to this country for school, complete a 4-year degree, and then leave, and we wouldn’t even pick it up in our data.
Thankfully, we’ve at least reinstated the long-form census for next year. Here are the questions, if you’re curious.
But all of this is a digression.
This morning I read through a housing report that the City of Toronto published in October of this year. It’s about housing trends. And I wanted to share the below chart that covers housing completions for the period of 1996 to 2014. Keep in mind that this is for the City of Toronto, and not the Greater Toronto Area.
What it shows is that over this 18 year period, 78% of all housing completions in this city have been either low-rise or high-rise condominiums/apartments. The remaining 22% is a mix of detached and semi-detached houses and townhouses.
However, this 22% is an average.
Detached and semi-detached housing completions declined from 22% in the 1996-2001 period to 10% a decade later. And row and townhouses declined from 16% to 6% during this same period.
At the same time, “many” of the housing units in this 22% were actually replacing existing and older housing stock. That is, according to the report, many were “knock-downs” and rebuilds. In these cases, it means that the completions actually do not represent net new housing units. So in reality, the supply of new single-family housing is even lower than it appears in the chart above.
When you look at all of this, it should come as no surprise to you that our current combination of low interest rates and low supply has been leading to huge price increases on the single-family side of the market.
And it’s for this reason that I believe Toronto will eventually start to look towards allowing more low-rise intensification. Laneway housing, as one example, would represent virtually 100% new ground-related housing in already built up areas. Where else are we going to find that kind of housing opportunity?
So in my view, it is a question of when, not if, this will happen.
What it shows is that over this 18 year period, 78% of all housing completions in this city have been either low-rise or high-rise condominiums/apartments. The remaining 22% is a mix of detached and semi-detached houses and townhouses.
However, this 22% is an average.
Detached and semi-detached housing completions declined from 22% in the 1996-2001 period to 10% a decade later. And row and townhouses declined from 16% to 6% during this same period.
At the same time, “many” of the housing units in this 22% were actually replacing existing and older housing stock. That is, according to the report, many were “knock-downs” and rebuilds. In these cases, it means that the completions actually do not represent net new housing units. So in reality, the supply of new single-family housing is even lower than it appears in the chart above.
When you look at all of this, it should come as no surprise to you that our current combination of low interest rates and low supply has been leading to huge price increases on the single-family side of the market.
And it’s for this reason that I believe Toronto will eventually start to look towards allowing more low-rise intensification. Laneway housing, as one example, would represent virtually 100% new ground-related housing in already built up areas. Where else are we going to find that kind of housing opportunity?
So in my view, it is a question of when, not if, this will happen.
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