Category: Demographics

Starving for yield?

11 June, 2008 (08:15) | Demographics, Global news, Speculation, Subprime, World markets | No comments

Every now and then, an article makes me sit up and think twice.

Such a piece is an extravagant speculation by columnist Spengler that I came across in the Asia Times, with the curious title of “The monster and the sausages”
 

The original monster and the whirlpool, reimagined under William Pitt
Since I don’t quite know what [...]

Too many houses: Part 2, the un-building government

13 May, 2008 (10:44) | Demand, Demographics, Local issues, Real estate taxes, Slums | No comments

Yesterday we saw that Youngstown, Ohio, whose population now is half what it was forty years ago, has made an enormous break with its past.

More than 1,000 structures have been demolished so far.
 

It’s for the greater good
 
Choosing to cull wasn’t easy.  First, Youngstown tried everything else:
 
For a while, Youngstown, with its population at just [...]

Too many houses: Part 1, the un-growing city

12 May, 2008 (08:37) | Demand, Demographics, Local issues, Real estate taxes, Slums | No comments

 
A town is a business that sells quality of life and competes with other towns to attract real estate tax payers.  It spends its revenue on infrastructure that enhances quality of life and enables it to attract more workers and real estate tax payers.  Some towns are so attractive, relative to their rural competition, that [...]

You’d rather we were sleeping together? Part 2, not five

9 April, 2008 (09:08) | Boston, Demographics, Local issues, Student housing, Tenure | No comments

[Continued from yesterday's Part 1.]
 
Yesterday we saw that Boston, whose mayor I’ve alternately tweaked and applauded, has now decided that while four or fewer students living together are all right, five or more are right out:
 

In the Real World, will three of you have to move out?
 
Continuing from the Boston Globe story, we discover that [...]

You’d rather we were sleeping together? Part 1, only four

8 April, 2008 (09:40) | Boston, Demographics, Local issues, Student housing, Tenure | No comments

What’s a family?  And who decides?
 
In that bizarre city across the river from me, I’ve tweaked the mayor for his foolish approach to taxation and applauded him for his visionary pipe dream of moving City Hall out of downtown, but he at least is not the leading force behind the latest splutteringly dumb initiative being [...]