
The Financial Times and Nikkei have just published their inaugural Investing in America report, which looks at the best US cities for foreign multinationals to invest in and do business in.
To come up with this, they used about three dozen different metrics — everything from openness to quality of life. From what I can tell though, it doesn’t appear that climate risk factored much into this ranking. It should.
There’s a lot of Florida on this list and Miami comes out on top, largely because, last year, it had the most foreign direct investment per capita of any US city. It also has a well-connected airport, two of the largest shipping ports in the US, and an international population.
Lots of people and companies are going long Miami right now.
Vox recently profiled what they are calling the deadliest road in America -- a certain section of US-19 running along the Gulf Coast of Florida. It is generally an 8-lane road -- 9 at most intersections -- and so as you might expect, it is place that was designed for cars.
From 2017 to 2022, US-19 saw 34 pedestrian fatalities involving a car for every 100 miles. Indeed, this stat makes it the deadliest highway in the state of Florida for people on foot.
The other telling stat for me is the road's crosswalk spacing. This is a place that is lined with restaurants, hotels, and many other commercial uses, and yet the crosswalks are sometimes spaced miles apart.
This kind of street scale is mind boggling for pedestrians. No one in their right mind is going to go out of their way a mile or two just to cross a road, and so it's no wonder that people are jaywalking and that too many people are getting hit.
I know that our tendency is to try and solve these problems with things like flashing lights, speed radars, and orange flags that people can unceremoniously waive as they cross the street. But at the end of the day, this is an urban design problem.
Spaces that are optimized for cars are, by definition, not optimized for pedestrians. The choice is ours.
All of the talk of people moving to Miami over the last two years is certainly coming through in the numbers. According to this recent rental report by Realtor.com, residential rents in the Miami-Fort Lauderdale-West Palm Beach metro area increased 55.3% on a year-over-year basis (as of February 2022). And the next 2 metro areas on the list are also in Florida. This is compared to a 17.1% increase for national rents, which is quite a bit lower, but still a massive increase. These are clearly unsustainable numbers and eventually things will settle down. How exactly things settle down is yet to be determined. But for right now, the above figure feels to me like a pretty good answer to the following question: If you had the flexibility to work from anywhere, where would you go? Somewhere sunny, I guess.

The Financial Times and Nikkei have just published their inaugural Investing in America report, which looks at the best US cities for foreign multinationals to invest in and do business in.
To come up with this, they used about three dozen different metrics — everything from openness to quality of life. From what I can tell though, it doesn’t appear that climate risk factored much into this ranking. It should.
There’s a lot of Florida on this list and Miami comes out on top, largely because, last year, it had the most foreign direct investment per capita of any US city. It also has a well-connected airport, two of the largest shipping ports in the US, and an international population.
Lots of people and companies are going long Miami right now.
Vox recently profiled what they are calling the deadliest road in America -- a certain section of US-19 running along the Gulf Coast of Florida. It is generally an 8-lane road -- 9 at most intersections -- and so as you might expect, it is place that was designed for cars.
From 2017 to 2022, US-19 saw 34 pedestrian fatalities involving a car for every 100 miles. Indeed, this stat makes it the deadliest highway in the state of Florida for people on foot.
The other telling stat for me is the road's crosswalk spacing. This is a place that is lined with restaurants, hotels, and many other commercial uses, and yet the crosswalks are sometimes spaced miles apart.
This kind of street scale is mind boggling for pedestrians. No one in their right mind is going to go out of their way a mile or two just to cross a road, and so it's no wonder that people are jaywalking and that too many people are getting hit.
I know that our tendency is to try and solve these problems with things like flashing lights, speed radars, and orange flags that people can unceremoniously waive as they cross the street. But at the end of the day, this is an urban design problem.
Spaces that are optimized for cars are, by definition, not optimized for pedestrians. The choice is ours.
All of the talk of people moving to Miami over the last two years is certainly coming through in the numbers. According to this recent rental report by Realtor.com, residential rents in the Miami-Fort Lauderdale-West Palm Beach metro area increased 55.3% on a year-over-year basis (as of February 2022). And the next 2 metro areas on the list are also in Florida. This is compared to a 17.1% increase for national rents, which is quite a bit lower, but still a massive increase. These are clearly unsustainable numbers and eventually things will settle down. How exactly things settle down is yet to be determined. But for right now, the above figure feels to me like a pretty good answer to the following question: If you had the flexibility to work from anywhere, where would you go? Somewhere sunny, I guess.
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