Housing is expensive in California: In 2021, San Jose had the least affordable housing among the 92 major US housing markets, with a median multiple of 12.6. San Francisco had a median multiple of 11.8, Los Angeles was at 10.7, followed by San Diego, at… Read More
According to this recent New York Times article, California is set to put into effect a new mandate that would require 100% of passenger vehicle sales in the state to be fully electric by 2035. Included within this mandate are also interim targets: 35% of… Read More
Here is a chart from MetroSight that compares housing tenure in California in 2000 and then between 2015-2019: Two things you might notice immediately are that the number of renter-occupied households has generally increased and that the number of owner-occupied households without a mortgage (i.e.… Read More
A blog reader responded to yesterday’s post about rent controls (and inclusionary zoning) with an excellent point: If you’re against rent controls, then you must also be against artificially low property taxes for homeowners. And I would agree with this. One of the points I… Read More
Connor Dougherty published this thoughtful piece about NIMBYs over the weekend in the New York Times. And it has been making the rounds online ever since. It is thoughtful in that Connor tries to understand what makes NIMBYs tick. And he does this by interviewing… Read More
One of the most common objections to new housing is that the place is already too crowded and potentially even full. But Jerusalem Demsas’ recently article in The Atlantic about how much people seem to hate other people is a good reminder that the topic… Read More
The common criticism with NFT art is that it’s just a JPEG image. So why bother “owning” it when you can just right-click, save as? Who in their right mind would spend thousands, let alone hundreds of thousands on such a thing? But as I’ve… Read More
This past weekend Bright Moments opened up their NFT art gallery in New York’s Soho. This is the company’s second gallery. The first was in Venice, California. And there are plans for eight more cities, with Berlin being the next one. (When is Toronto?!) Bright… Read More
We know that innovation and economic growth tends to be unevenly distributed. This is the bull case for living in cities and, more particularly, for living in certain cities. But of course, the big question these days is whether or not our little work from… Read More
One of the ways to try and keep tabs on where people are moving is to look at the number of permanent address changes. Another way is to look at the number of one-way U-Haul trucks that enter versus leave a particular state. And it… Read More
BRANDON DONNELLY 