There are thousands of people who read this blog via email or by following on Tumblr. The rest of the readership just stops by on the web and visits periodically.
But of the thousands of regular readers, I know that many do not click through to the comment section. And that’s a shame. Because oftentimes I find the comments more interesting than my actual post.
Take for example yesterday’s post on The Millennial Dream.
The initial post was about Millennial housing choices (and some stats on marriage and fertility rates). The comments provided some additional color on the trends, but they also got into mobile dating apps and whether or not it’s easier or harder to meet people in cities, today. It was a fun discussion.
This got me thinking and reminded me that people come to cities not only because of labor markets, but because of dating markets.
So for today’s piece, I thought I would post the following diagram from Richard Florida’s book, Who’s Your City? It shows how many more singles (aged 20-64) there are – according to gender – in the largest US metro areas.
I couldn’t find an equally detailed map for Canada, but based on this, it looks like Toronto is slanted towards single women and Calgary is slanted towards single men.
Does the above look right to you?
Every year the London-based property consultancy Knight Frank publishes something called The Wealth Report. And it’s one of those reports that I could go through for hours.
It includes a ton of really fascinating stats that speak volumes about where in the world wealth is being created and how it’s moving around. And of course there are a lot of connections between wealth, real estate, and city building.
Below are 3 diagrams that really stood out for me in the 2015 version.
The first diagram shows which cities have the most Ultra High Net Worth Individuals (UHNWIs). An UHNWI is defined as an individual with assets exceeding US$30 million, but excluding personal assets and property (such as one’s principal residence). Click here to see the full size image (I know the numbers are small).
There are thousands of people who read this blog via email or by following on Tumblr. The rest of the readership just stops by on the web and visits periodically.
But of the thousands of regular readers, I know that many do not click through to the comment section. And that’s a shame. Because oftentimes I find the comments more interesting than my actual post.
Take for example yesterday’s post on The Millennial Dream.
The initial post was about Millennial housing choices (and some stats on marriage and fertility rates). The comments provided some additional color on the trends, but they also got into mobile dating apps and whether or not it’s easier or harder to meet people in cities, today. It was a fun discussion.
This got me thinking and reminded me that people come to cities not only because of labor markets, but because of dating markets.
So for today’s piece, I thought I would post the following diagram from Richard Florida’s book, Who’s Your City? It shows how many more singles (aged 20-64) there are – according to gender – in the largest US metro areas.
I couldn’t find an equally detailed map for Canada, but based on this, it looks like Toronto is slanted towards single women and Calgary is slanted towards single men.
Does the above look right to you?
Every year the London-based property consultancy Knight Frank publishes something called The Wealth Report. And it’s one of those reports that I could go through for hours.
It includes a ton of really fascinating stats that speak volumes about where in the world wealth is being created and how it’s moving around. And of course there are a lot of connections between wealth, real estate, and city building.
Below are 3 diagrams that really stood out for me in the 2015 version.
The first diagram shows which cities have the most Ultra High Net Worth Individuals (UHNWIs). An UHNWI is defined as an individual with assets exceeding US$30 million, but excluding personal assets and property (such as one’s principal residence). Click here to see the full size image (I know the numbers are small).
Not surprisingly, London (4,364), Tokyo (3,575), Singapore (3,227), New York (3,008), and Hong Kong (2,690) are at the top of the list. But I was a little surprised – albeit happily surprised – to see Toronto (1,216) come in at #2 in North America, beating out Mexico City (1,116), Los Angeles (969), and Chicago (827).
The second diagram shows you how many square meters of luxury property (apartment) you can buy for US$1 million in a bunch of different cities around the world.
In Monaco (top end), that’ll buy you 17 square meters (183 square feet) and in Cape Town (bottom end), that’ll buy you 208 square meters (2,196 square feet).
The third and last diagram is what they call the global pyramid of wealth. It’s a pyramid of everyone in the world and then the number of millionaires, UHNWIs (see above), centa-millionaires, and billionaires. And if you do the math, the top of this pyramid comes nowhere close to 1% of the global population.
It’s fascinating (and exciting) to see where and how global wealth is concentrating. But it should also make you think about rising income inequality. I know it does for me.
A Kickstarter project called The Wabash Lights has just reached its funding goal of $55,000 to implement what it is calling the beta version of its project.
The project is a site-specific and interactive LED light installation on the underside of the elevated train tracks that run along Wabash Avenue in Chicago.
The lights are completely customizable (color, patterns, pulses, and so on) and they will be controllable via web and mobile. So anyone walking down the street will be able to have some fun with the lights.
Here’s a video from the creators explaining more about the project:
[vimeo 131322692 w=500 h=281]
It’s a clever idea and I can see the lights becoming just as recognizable as Chicago’s bean.
But the true success measure will be whether or not it draws people to the area and it changes the composition of the street. Elevated structures aren’t great for street life. That’s why I fought (unsuccessfully) to have the elevated Gardiner Expressway East removed here in Toronto.
It’s interesting to hear the one woman in the above video talking about how Wabash isn’t really a street you go to. It’s just the street between Michigan and State that you have to pass through. That’s how I feel about most parts of Lake Shore Blvd in Toronto.
Here’s how CityLab described it in their writeup about the project:
“While the L tracks are as iconic to Chicago as some of its skyscrapers, their presence overhead doesn’t necessarily bring in the foot traffic compared to other nearby streets.”
But something like The Wabash Lights could really make a difference.
Not surprisingly, London (4,364), Tokyo (3,575), Singapore (3,227), New York (3,008), and Hong Kong (2,690) are at the top of the list. But I was a little surprised – albeit happily surprised – to see Toronto (1,216) come in at #2 in North America, beating out Mexico City (1,116), Los Angeles (969), and Chicago (827).
The second diagram shows you how many square meters of luxury property (apartment) you can buy for US$1 million in a bunch of different cities around the world.
In Monaco (top end), that’ll buy you 17 square meters (183 square feet) and in Cape Town (bottom end), that’ll buy you 208 square meters (2,196 square feet).
The third and last diagram is what they call the global pyramid of wealth. It’s a pyramid of everyone in the world and then the number of millionaires, UHNWIs (see above), centa-millionaires, and billionaires. And if you do the math, the top of this pyramid comes nowhere close to 1% of the global population.
It’s fascinating (and exciting) to see where and how global wealth is concentrating. But it should also make you think about rising income inequality. I know it does for me.
A Kickstarter project called The Wabash Lights has just reached its funding goal of $55,000 to implement what it is calling the beta version of its project.
The project is a site-specific and interactive LED light installation on the underside of the elevated train tracks that run along Wabash Avenue in Chicago.
The lights are completely customizable (color, patterns, pulses, and so on) and they will be controllable via web and mobile. So anyone walking down the street will be able to have some fun with the lights.
Here’s a video from the creators explaining more about the project:
[vimeo 131322692 w=500 h=281]
It’s a clever idea and I can see the lights becoming just as recognizable as Chicago’s bean.
But the true success measure will be whether or not it draws people to the area and it changes the composition of the street. Elevated structures aren’t great for street life. That’s why I fought (unsuccessfully) to have the elevated Gardiner Expressway East removed here in Toronto.
It’s interesting to hear the one woman in the above video talking about how Wabash isn’t really a street you go to. It’s just the street between Michigan and State that you have to pass through. That’s how I feel about most parts of Lake Shore Blvd in Toronto.
Here’s how CityLab described it in their writeup about the project:
“While the L tracks are as iconic to Chicago as some of its skyscrapers, their presence overhead doesn’t necessarily bring in the foot traffic compared to other nearby streets.”
But something like The Wabash Lights could really make a difference.
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