According to McKinsey, something like $100 billion has been invested in trying to get autonomous vehicles to work and yet the industry remains stuck with problems like this one here: State-of-the-art robot cars also struggle with construction, animals, traffic cones, crossing guards, and what the… Read More
The general rule when it comes to bike lanes is that, if you build them without some sort of grade-separation, at some point a car is going to park in them. But here are two possible solutions to this problem. The first is that you… Read More
I’m not all that familiar with Stockholm’s housing market, but according to this recent article, it would appear that, like most big cities, there isn’t enough affordable housing to go around. This is despite the fact that everyone in Sweden is technically entitled to it.… Read More
Conventional wisdom suggests that cities are pretty dangerous. There’s crime, the chance of getting killed, and there are lots of cars, some of which have a tendency to fly off the road and do bad things on occasion. And in some ways, this is true.… Read More
So here’s the headline: More people are moving to Manhattan than before the pandemic. This is true. But an even more accurate description might be that New York City was losing people before the pandemic and it is still losing people. But things have rebounded… Read More
In Matt Levine’s latest Money Stuff newsletter he talks about how money is really just a social construct. In his words, money is “a way to keep track of what society thinks you deserve in terms of goods and services.” But over the years, we… Read More
On last week’s earnings call, apartment landlord Equity Residential mentioned that the two US markets most impacted by a delayed return to office appear to be San Francisco and Seattle. They went on to say that San Francisco is the only market in which they… Read More
Zillow just announced that it has paused its (algorithmic) US homebuying business for the remainder of this year. The company acquired some 3,800 homes in Q2 of this year and, apparently, it now has a backlog of repairs and sales to work through. As a… Read More
Bloomberg CityLab has a new video out talking about how Vienna has seemingly solved the housing unaffordability problem that is impacting most global cities around the world. Each year Vienna builds about 14,000 new housing units and about half of this is supply is “affordable.”… Read More
Apple’s self-driving system and/or car project has been in the news again recently. Last month, Bloomberg reported that the company was hoping to start production by as early as 2024. But this week, projections were revised and we’re probably looking at least 5 years. The… Read More
BRANDON DONNELLY 