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		<title>Cities mean traffic jams</title>
		<link>http://affordablehousinginstitute.org/blogs/us/2009/04/cities-mean-traffic-jams.html</link>
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		<pubDate>Fri, 17 Apr 2009 14:14:50 +0000</pubDate>
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				<category><![CDATA[Cities]]></category>
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		<description><![CDATA[Cities mean traffic jams.
&#160;

Broadway, New York City
&#160;
Yes, you can have traffic jams without cities, but you cannot have cities without traffic jams.&#160; 
&#160;

1962
&#160;
As illustrated in this throwaway piece from New York Times, that doesn&#8217;t stop politicians from decrying them and wishing they would go away:
&#160;
Speaking of traffic-taming measures for Broadway around Times Square and Herald [...]]]></description>
			<content:encoded><![CDATA[<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt">Cities mean traffic jams.<?xml:namespace prefix ="" o ns ="" "urn:schemas-microsoft-com:office:office" /><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p><img alt="Broadway_northbound" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesbroadway-northbound-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial">Broadway, <?xml:namespace prefix ="" st1 ns ="" "urn:schemas-microsoft-com:office:smarttags" /><st1:city w:st="on"><st1:place w:st="on">New York City</st1:place></st1:city><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt">Yes, you can have traffic jams without cities, but you cannot have cities without traffic jams.<span style="mso-spacerun: yes">&nbsp; </span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p><img alt="Traffic_jam_1962" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagestraffic-jam-1962-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial">1962<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt">As illustrated in this throwaway piece from <a href="http://www.nytimes.com/2009/03/02/nyregion/02broadway.html">New York Times</a>, that doesn&#8217;t stop politicians from decrying them and wishing they would go away:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Speaking of <a title="&ldquo;Green Light for Midtown&rdquo; Web page." href="http://www.nyc.gov/html/dot/html/about/broadway.shtml">traffic-taming measures for Broadway around Times Square and Herald Square</a>, Mayor <a title="More articles about Michael R. Bloomberg." href="http://topics.nytimes.com/top/reference/timestopics/people/b/michael_r_bloomberg/index.html?inline=nyt-per">Michael R. Bloomberg</a> said on Thursday, &ldquo;The traffic is so terrible and people are getting pushed out into the streets &mdash; the sidewalks can&rsquo;t handle it.&rdquo;<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt">Traffic&#8217;s not a recent urban phenomenon:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">This is news?<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Joel H. Ross would not think so. His <st1:place w:st="on"><st1:state w:st="on">New York</st1:state></st1:place> guidebook had this to say about Broadway: &ldquo;The gonglike, tornadolike, oceanic, unceasing roar and tumult of this bustling street, make it less inviting than it otherwise would be to promenaders.&rdquo;<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">The book, &ldquo;<a href="http://books.google.com/books?id=OmbsY87j7JUC&amp;dq=What+I+Saw+in+New-York&amp;printsec=frontcover&amp;source=bl&amp;ots=UhaiBdFXuv&amp;sig=jnXgeIeRvkVwnHyiwdK4Qcljz0g&amp;hl=en&amp;ei=V0O0SZOBMYGCtwfK5pi8Bw&amp;sa=X&amp;oi=book_result&amp;resnum=1&amp;ct=result">What I Saw in New-York</a>,&rdquo; was published in 1851.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt">Nor was Mr. Ross alone.<span style="mso-spacerun: yes">&nbsp; </span>A hundred and fifty years ago, the newspapers were editorializing in a Whitman-esque fashion: <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p><img alt="Whitman_tour_photo" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imageswhitman-tour-photo-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial">You&#8217;ll grow old waiting for <st1:state w:st="on"><st1:place w:st="on">New York</st1:place></st1:state>&#8217;s streets to clear<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt">As early as the 1840&#8217;s, newspapers were bemoaning how crowded and noisy the streets were and how slow and tangled the traffic.<span style="mso-spacerun: yes">&nbsp; </span>In 1842 Walt Whitman wrote in an editorial, &#8220;What can <st1:State w:st="on">New York</st1:State> &ndash; noisy, roaring, rumbling, tumbling, bustling, stormy, turbulent <st1:place w:st="on"><st1:State w:st="on">New York</st1:State></st1:place> &ndash; have to do with silence?&#8221;<span style="mso-spacerun: yes">&nbsp; </span>By the 1850&#8217;s fifteen thousand vehicles a day were counted passing <st1:city w:st="on">St. Paul</st1:city>&#8217;s Chapel on Broadway at the foot of <st1:place w:st="on"><st1:placetype w:st="on">City</st1:placetype> <st1:placetype w:st="on">Hall</st1:placetype> <st1:placetype w:st="on">Park</st1:placetype></st1:place>.<span style="mso-spacerun: yes">&nbsp; </span>Of all modern <st1:place w:st="on"><st1:state w:st="on">New York</st1:state></st1:place>&#8217;s most salient characteristics, the only one already in full flower in the mid-nineteenth century was the city&#8217;s energy and drive.<span style="mso-spacerun: yes">&nbsp; </span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in; TEXT-ALIGN: right" align="right"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt"><a href="http://www.johnsteelegordon.com/">John Steele Gordon</a>, <i style="mso-bidi-font-style: normal"><a href="http://www.amazon.com/exec/obidos/tg/detail/-/1555844286/qid=1057250178/sr=1-5/ref=sr_1_5/104-6832359-0263111?v=glance&amp;s=books">The Scarlet Woman of Wall Street</a>, </i><span style="COLOR: navy">page 35</span></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p><img alt="Broadway_traffic_1860" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesbroadway-traffic-1860-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial">Broadway traffic, 1860<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><a href="http://affordablehousinginstitute.org/blogs/us/2008/05/too-many-houses-part-1-the-un-growing-city.html">Cities are dense</a>, <a href="http://affordablehousinginstitute.org/blogs/us/2008/03/the-ultimate-future-city-arthur-c-clarkes-diaspar.html">therefore they are vertical</a>.<span style="mso-spacerun: yes">&nbsp; </span>Cities are vertical, therefore they are technological and capital-intensive (we saw this, among other places, <a href="http://affordablehousinginstitute.org/blogs/us/2008/04/the-economics-of-water-part-4-rome-invents-the-municipality.html">in the Roman aqueducts and water infrastructure</a>).<span style="mso-spacerun: yes">&nbsp; </span>There is always a balance between private spaces &ndash; homes, retail, offices, shops &ndash; and public spaces &ndash; parks, sidewalks, roads, and other ways.<span style="mso-spacerun: yes">&nbsp; </span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="303_santa_cruz_night_better_071003" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/images303-santa-cruz-night-better-071003-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial">Mumbai, <st1:city w:st="on"><st1:place w:st="on">Santa Cruz</st1:place></st1:city> neighborhood, late at night: still a hive of activity<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt">Among cities I&#8217;ve been to, the worst traffic jams &ndash; expect to spend two hours from door to door &ndash; were in Mumbai, and the most absurd are in Nairobi (where I was recently), because half the traffic from equatorial Africa flows through three roundabouts in Nairobi&#8217;s downtown, on its way from Mombasa on the Indian Ocean through to Kampala, Uganda and thence into Congo or Sudan or Zambia. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p><img alt="418_dharavi_traffic_sm_071004" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/images418-dharavi-traffic-sm-071004-small1.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial">Mumbai: driving through a section of Dharavi at three miles an hour<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt">Although this is pure speculation, I have a hunch that traffic is actually worst in cities that have just completed a rapid urbanization &ndash; like Mumbai and <st1:city w:st="on">Nairobi</st1:city> today, and <st1:city w:st="on"><st1:place w:st="on">Manhattan</st1:place></st1:city> 150 years ago:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Fifteen years later <i style="mso-bidi-font-style: normal">[1865 &ndash; Ed.]</i>, despairing that vehicles and pedestrians could ever safely mingle at Broadway&rsquo;s busiest intersection at the time &mdash; Fulton Street in front of St. Paul&rsquo;s Chapel &mdash; Alderman Charles E. Loew proposed an elaborate iron bridge over the thoroughfare.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">&ldquo;The ladies ascended in numbers and appeared to be delighted with the bridge and from the immunity it afforded them from the dangers of a passage across the street,&rdquo; The New-York Times reported when the <st1:place w:st="on"><st1:placename w:st="on">Loew</st1:placename> <st1:placetype w:st="on">Bridge</st1:placetype></st1:place> opened in April 1867.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Nyt_broadway_traffic_cure_elusive_loew_bridge_1868_090302" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesnyt-broadway-traffic-cure-elusive-loew-bridge-1868-090302-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial">The <st1:place w:st="on"><st1:placename w:st="on">Loew</st1:placename> <st1:placetype w:st="on">Bridge</st1:placetype></st1:place> in 1868. It opened in 1867 at the busy intersection of Broadway and <st1:street w:st="on"><st1:address w:st="on">Fulton Street</st1:address></st1:street> and lasted about a year.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Unfortunately, the bridge obscured the storefront of an important business, Knox the Hatter. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Mad_hatter_04" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesmad-hatter-04-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Bargains galore if you can reach my store!<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Not for the last time, <b style="mso-bidi-font-weight: normal">when commercial and public interests collided on Broadway, commerce prevailed. <span style="mso-spacerun: yes">&nbsp;</span></b>The <st1:place w:st="on"><st1:placename w:st="on">Loew</st1:placename> <st1:placetype w:st="on">Bridge</st1:placetype></st1:place> was dismantled a year later.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">I think the boldfaced sentence is false causality, but in any case, the skybridge went the way of the dodo.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><img alt="Minneapolis_skybridge" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesminneapolis-skybridge-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Where skybridges survive: <st1:city w:st="on"><st1:place w:st="on">Minneapolis</st1:place></st1:city>, not for traffic, for winter<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Since then, no real cure has been found for Broadway traffic, only palliation.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Throughout history, we find the rich and powerful complaining about traffic.<span style="mso-spacerun: yes">&nbsp; </span>In 1661, Sam Pepys groused in his diary about spending <a href="http://www.pepysdiary.com/archive/1661/12/10/">an hour and a half</a> crossing <st1:city w:st="on"><st1:place w:st="on">London</st1:place></st1:city>.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><img alt="Pepys_young" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagespepys-young-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Capable young man in a hurry: Samuel Pepys<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Sixteen hundred years earlier, as noted by Eric A. Morris of <a href="http://www.its.ucla.edu/">UCLA&#8217;s Institute for Transportation Studies</a>, <a href="http://freakonomics.blogs.nytimes.com/tag/traffic/">Julius Caesar banned all wheeled traffic in the daylight hours</a>:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Julius_caesar_brando" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesjulius-caesar-brando-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Friends, Romans, countrymen &ndash; lend me your cars<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt">To end the scourge of traffic congestion, Julius Caesar banned most carts from the streets of <st1:city w:st="on"><st1:place w:st="on">Rome</st1:place></st1:city> during daylight hours. It didn&rsquo;t work &mdash; traffic jams just shifted to dusk. Two thousand years later, we have put a man on the moon and developed garments infinitely more practical than the toga, but we seem little nearer to solving the congestion problem.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Unfortunately for those of us in a hurry, just as <a href="http://affordablehousinginstitute.org/blogs/us/2005/05/slums_are_econo.html">slums are economically rational,</a> so too are traffic jams, in two ways:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><b style="mso-bidi-font-weight: normal"><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">1.<span style="mso-spacerun: yes">&nbsp; </span>Municipal budgeting</span></i></b><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">.<span style="mso-spacerun: yes">&nbsp; </span></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt">Private spaces are revenue producing, in demand, and readily created incrementally; public spaces are capital-consuming and to be done properly require a strong and courageous municipal government.<span style="mso-spacerun: yes">&nbsp; </span>For an example of massive failure of nerve, see how the mayor and city utterly <a href="http://affordablehousinginstitute.org/blogs/us/2005/09/new_new_orleans_2.html">botched the reinvention</a> and <a href="http://affordablehousinginstitute.org/blogs/us/2009/01/new-new-orleans-is-here-part-2-the-physical-city.html">reinhabitation of New New Orleans</a>. </span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><b style="mso-bidi-font-weight: normal"><i style="mso-bidi-font-style: normal"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">2. People&#8217;s earning power and choice</span></i></b><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">.<span style="mso-spacerun: yes">&nbsp; </span><a href="http://affordablehousinginstitute.org/blogs/us/2006/12/benefits_of_hom.html">Give people secure tenure and a minimum acceptable structure</a> (the embryo house) and they will improve it, bit by bit, incrementally.<span style="mso-spacerun: yes">&nbsp; </span>By contrast, they don&#8217;t spend money on public infrastructure, partly because they can&#8217;t (what they can afford goes into their private spaces first), partly because <a href="http://affordablehousinginstitute.org/blogs/us/2007/10/there-aint-no-such-thing-as-free-infrastructure-part-1-why.html">infrastructure involves network hookups and formalization</a> &ndash; which some informal homeowners would prefer to defer.<span style="mso-spacerun: yes">&nbsp; </span>That&#8217;s why slums may be defined, in municipal terms, as <a href="http://affordablehousinginstitute.org/blogs/us/2008/03/slums-a-municipal-definition.html">places where private investment has outrun public infrastructure</a>. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">If there&#8217;s one image I have of peri-urban <st1:place w:st="on">Africa</st1:place>, <a href="http://www.worldculturepictorial.com/blog/content/bikes-incl-wooden-bikes-help-break-poverty-trap-many-africans-spend-4-hrsday-walking-14-inco">it&#8217;s of people walking</a>.<span style="mso-spacerun: yes">&nbsp; </span>In <st1:city w:st="on">Los Angeles</st1:city>, no one walks; in <st1:place w:st="on">Africa</st1:place>, many people walk, most of them black and poor.<span style="mso-spacerun: yes">&nbsp; </span>(When Nancy and I were in <st1:place w:st="on"><st1:city w:st="on">Johannesburg</st1:city></st1:place> some years back, <a href="http://affordablehousinginstitute.org/blogs/us/2006/08/happy_birthday_3.html">she who likes exercise</a> would often walk from our hotel or B&amp;B to her destination, often the world-class zoo.<span style="mso-spacerun: yes">&nbsp; </span>She used to comment that the only people she ever saw walking were black, and that many of them would warn her to be careful.)<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><br /><img alt="Walking_in_nairobi" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imageswalking-in-nairobi-small.jpg" border="0" /></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><st1:city w:st="on"><st1:place w:st="on"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Nairobi</span></st1:place></st1:city><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">: four miles to work, four miles home: 90 minutes each way<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><a href="http://affordablehousinginstitute.org/blogs/us/2006/12/driving_to_the.html">Transportation and affordable housing are deeply interconnected</a>. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span lang="EN" style="FONT-SIZE: 9pt; COLOR: #333333; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt; mso-ansi-language: EN">&ldquo;How long is your commute?&rdquo;</span><span lang="EN" style="FONT-SIZE: 11pt; COLOR: #333333; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span lang="EN" style="FONT-SIZE: 9pt; COLOR: #333333; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt; mso-ansi-language: EN">&nbsp;</span><span lang="EN" style="FONT-SIZE: 11pt; COLOR: #333333; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span lang="EN" style="FONT-SIZE: 9pt; BACKGROUND: aqua; COLOR: #333333; FONT-FAMILY: Arial; mso-highlight: aqua; mso-ansi-language: EN"></span><span lang="EN" style="FONT-SIZE: 9pt; COLOR: #333333; FONT-FAMILY: Arial; mso-ansi-language: EN"><o:p><img alt="Cars_highway" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagescars-highway-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span lang="EN" style="FONT-SIZE: 7pt; COLOR: #333333; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt; mso-ansi-language: EN">There goes 25% of my budget, and 20% of my waking day.</span><span lang="EN" style="FONT-SIZE: 11pt; COLOR: #333333; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span lang="EN" style="FONT-SIZE: 9pt; COLOR: #333333; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt; mso-ansi-language: EN"><br />Isn&rsquo;t that always the question you ask a new acquaintance after discovering where he or she lives?<span style="mso-spacerun: yes">&nbsp; </span></span><span lang="EN" style="FONT-SIZE: 11pt; COLOR: #333333; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span lang="EN" style="FONT-SIZE: 9pt; COLOR: #333333; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt; mso-ansi-language: EN">&nbsp;</span><span lang="EN" style="FONT-SIZE: 11pt; COLOR: #333333; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span lang="EN" style="FONT-SIZE: 9pt; COLOR: #333333; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt; mso-ansi-language: EN">At some instinctive level, we all know that house prices and commute times are reverse-correlated: the price of a short commute is a high home price, and the cost of a low home price is a long commute.<span style="mso-spacerun: yes">&nbsp;&nbsp; </span></span><span lang="EN" style="FONT-SIZE: 11pt; COLOR: #333333; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span lang="EN" style="FONT-SIZE: 9pt; COLOR: #333333; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt; mso-ansi-language: EN">&nbsp;</span><span lang="EN" style="FONT-SIZE: 11pt; COLOR: #333333; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span lang="EN" style="FONT-SIZE: 9pt; COLOR: #333333; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt; mso-ansi-language: EN">Our lives normally shuttle between home and work as the twin poles of our daily existence, so we should have little surprise that our financial profile can be defined by&nbsp;these two poles, and the commuting bridge between them:</span><span lang="EN" style="FONT-SIZE: 11pt; COLOR: #333333; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN"><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">The need to commute <i style="mso-bidi-font-style: normal">cheaply</i> also governs how we configure cities.<span style="mso-spacerun: yes">&nbsp; </span>Aside from affluent cities with good public transportation &ndash; think Manhattan and its subways/ buses &ndash; the most common approach to putting low-cost labor in walking proximity to low-wage jobs is the slum that abuts the high-rise condo, of which the best example I know is Paraisopolis in Sao Paulo.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Paraisopolis_aerial" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesparaisopolis-aerial-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Aerial view of Paraisopolis<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Paraisopolis_01" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesparaisopolis-01-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Lapping at the shores of affluence: Paraisopolis<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><img alt="Paraisopolis_04" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesparaisopolis-04-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Looking into each other&#8217;s yards and balconies: Paraisopolis<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">One sees these slums in Sao Paulo, Cairo, Nairobi, Mumbai &ndash; everywhere there&#8217;s a booming city, not only are there traffic jams (mainly of affluent people stuck in their cars), there are also tides of humanity walking, bicycling, or auto-rickshaw-ing from place to place, bustling about doing the business of their lives. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="484_scooter_sidecar_sm_071005" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/images484-scooter-sidecar-sm-071005-small1.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Scooter and sidecar: <st1:place w:st="on"><st1:city w:st="on">Ahmedabad</st1:city>, <st1:country-region w:st="on">India</st1:country-region></st1:place><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><a name="OLE_LINK1"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Poor urban dwellers have always walked to work &ndash; traffic jams are an affliction of the rich, and throughout history it is the rich and powerful who complain about traffic. <o:p></o:p></span></a></p>
<p><span style="mso-bookmark: OLE_LINK1"></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Back to Eric Morris:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt">If you live in a city, particularly a large one, you probably need little convincing that traffic congestion is frustrating and wasteful. According to the <a href="http://mobility.tamu.edu/ums/">Texas Transportation Institute</a>, the average American urban traveler lost 38 hours, nearly one full work week, to congestion in 2005. And congestion is getting worse, not better; urban travelers in 1982 were delayed only 14 hours that year. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt">Americans want action, but unfortunately there aren&rsquo;t too many great ideas about what that action might be. As Anthony Downs&rsquo;s excellent book <a href="http://www.amazon.com/Still-Stuck-Traffic-Peak-Hour-Congestion/dp/0815719299">Still Stuck in Traffic: Coping With Peak-Hour Traffic Congestion</a> chronicles, most of the proposed solutions are too difficult to implement, won&rsquo;t work, or both. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt">Fortunately, there is one remedy which is both doable and largely guaranteed to succeed. In the space of a year or two we could have you zipping along the 405 or the LIE at the height of rush hour at a comfortable 55 miles per hour. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt">There&rsquo;s just one small problem with this silver bullet for congestion: many people seem to prefer the werewolf. Despite its merits, this policy, which is known as &ldquo;congestion pricing,&rdquo; &ldquo;value pricing,&rdquo; or &ldquo;variable tolling,&rdquo; is not an easy political sell. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">It&#8217;s also regressive.<span style="mso-spacerun: yes">&nbsp; </span>Congestion pricing keeps the poor off the fast streets so the middle class and rich can get where they&#8217;re going more quickly.<span style="mso-spacerun: yes">&nbsp; </span>The poor, therefore, respond in the classical fashion &ndash; by packing more of themselves into any given space.<span style="mso-spacerun: yes">&nbsp; </span><o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><img alt="African_bush_taxi" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesafrican-bush-taxi-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Out in the bush, pickup trucks serve as taxis<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">If you&#8217;ve been anywhere in Africa you&#8217;ve seen taxis, which are usually <st1:place w:st="on"><st1:city w:st="on">Toyota</st1:city></st1:place> or Mitsubishi white minivans stuffed to the gunwales with passengers.<span style="mso-spacerun: yes">&nbsp; </span>The taxis run regular routes at irregular times<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Bara_taxi_rank" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesbara-taxi-rank-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Taxi rank, <st1:city w:st="on"><st1:place w:st="on">Johannesburg</st1:place></st1:city>: no vehicle leaves with a single seat empty<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt">Ultimately, there&rsquo;s no free lunch; instead of paying with money, you pay with the effort and time needed to acquire the good. Think of Soviet shoppers spending their lives in endless queues to purchase artificially low-priced but exceedingly scarce goods. Then think of Americans who can fulfill nearly any consumerist fantasy quickly but at a monetary cost. Free but congested roads have left us shivering on the streets of <st1:place w:st="on"><st1:city w:st="on">Moscow</st1:city></st1:place>.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt">To consider it another way, delay is an externality imposed by drivers on their peers. By driving onto a busy road and contributing to congestion, drivers slow the speeds of others &mdash; but they never have to pay for it, at least not directly. In the end, of course, everybody pays, because as we impose congestion on others, others impose it on us. This degenerates into a game that nobody can win.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="African_taxi_rank_02" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesafrican-taxi-rank-02-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Crowding is intrinsic to lowering the costs<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">As Yogi Berra once aptly put it, &#8220;<A href="http://en.wikipedia.org/wiki/yogi_berra#examples">Nobody goes there no more, it&#8217;s too crowded</A>,&#8221; and that is the stable state for cities &ndash; traffic jams are intrinsic, because there will always be somebody with a lower cost-per-minute than somebody else, so the equilibrium will be found at that point.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Yogi_mets" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesyogi-mets-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">It gets late early there, too<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Mayor Bloomberg, like the oft-cited King Canute, is trying to hold back the tide of humanity and commerce:<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">The latest attempt, a pilot program announced on Thursday by Mr. Bloomberg and Janette Sadik-Khan, commissioner of the Department of Transportation, would close Broadway to vehicular traffic from 47th to <st1:street w:st="on"><st1:address w:st="on">42nd Street</st1:address></st1:street> and from 35th to <st1:street w:st="on"><st1:address w:st="on">33rd Street</st1:address></st1:street>.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Broadway_traffic_map" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesbroadway-traffic-map-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Yeah, that&#8217;ll work<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Effectively displacing the traffic jams to all the streets that border the pedestrian zone.<span style="mso-spacerun: yes">&nbsp; </span>That may be good if you want people to walk around <st1:place w:st="on">Times Square</st1:place> (<st1:street w:st="on"><st1:address w:st="on">42nd Street</st1:address></st1:street>) and Herald Square (<st1:street w:st="on"><st1:address w:st="on">34th Street</st1:address></st1:street>) but not so good if you&#8217;re in a cab going from Downtown to Midtown.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua"></span><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p><img alt="Broadway_pedestrian_02" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesbroadway-pedestrian-02-small.jpg" border="0" /></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">It&#8217;s always sunny and clean in CAD-CAM city<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><span style="mso-spacerun: yes">&nbsp;</span>&ldquo;Broadway&rsquo;s character has evolved over the years, and that&rsquo;s not what needs changing &mdash; it&rsquo;s the traffic,&rdquo; Ms. Sadik-Khan said on Sunday. &ldquo;Instead of going against the grain of the city&rsquo;s grid, Broadway will work with it.&rdquo;<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">Time will tell. It could be that Broadway&rsquo;s rural roots, three centuries old, render it too wild even for the Bloomberg administration to tame.<o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt 0.5in"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial">It has nothing to do with Broadway&#8217;s rural roots, and everything to do with the congestion inherent in cities. <o:p></o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 10pt; FONT-FAMILY: Arial"><o:p>&nbsp;</o:p></span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><img alt="Nyc_traffic" src="http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesnyc-traffic-small.jpg" border="0" /></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt">Nary an angled street in sight</span></p>
<p class="MsoNormal" style="MARGIN: 0in 0in 0pt"><span style="FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt"><o:p></o:p></span>&nbsp;</p>
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<input type="hidden" name="postContent_0" value="&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;Cities mean traffic jams.&lt;?xml:namespace prefix =&quot;&quot; o ns =&quot;&quot; &quot;urn:schemas-microsoft-com:office:office&quot; /&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Broadway_northbound&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesbroadway-northbound-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial&quot;&gt;Broadway, &lt;?xml:namespace prefix =&quot;&quot; st1 ns =&quot;&quot; &quot;urn:schemas-microsoft-com:office:smarttags&quot; /&gt;&lt;st1:city w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;New York City&lt;/st1:place&gt;&lt;/st1:city&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;Yes, you can have traffic jams without cities, but you cannot have cities without traffic jams.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Traffic_jam_1962&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagestraffic-jam-1962-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial&quot;&gt;1962&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;As illustrated in this throwaway piece from &lt;a href=&quot;http://www.nytimes.com/2009/03/02/nyregion/02broadway.html&quot;&gt;New York Times&lt;/a&gt;, that doesn&amp;#8217;t stop politicians from decrying them and wishing they would go away:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Speaking of &lt;a title=&quot;&amp;ldquo;Green Light for Midtown&amp;rdquo; Web page.&quot; href=&quot;http://www.nyc.gov/html/dot/html/about/broadway.shtml&quot;&gt;traffic-taming measures for Broadway around Times Square and Herald Square&lt;/a&gt;, Mayor &lt;a title=&quot;More articles about Michael R. Bloomberg.&quot; href=&quot;http://topics.nytimes.com/top/reference/timestopics/people/b/michael_r_bloomberg/index.html?inline=nyt-per&quot;&gt;Michael R. Bloomberg&lt;/a&gt; said on Thursday, &amp;ldquo;The traffic is so terrible and people are getting pushed out into the streets &amp;mdash; the sidewalks can&amp;rsquo;t handle it.&amp;rdquo;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;Traffic&amp;#8217;s not a recent urban phenomenon:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;This is news?&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Joel H. Ross would not think so. His &lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:state w:st=&quot;on&quot;&gt;New York&lt;/st1:state&gt;&lt;/st1:place&gt; guidebook had this to say about Broadway: &amp;ldquo;The gonglike, tornadolike, oceanic, unceasing roar and tumult of this bustling street, make it less inviting than it otherwise would be to promenaders.&amp;rdquo;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;The book, &amp;ldquo;&lt;a href=&quot;http://books.google.com/books?id=OmbsY87j7JUC&amp;amp;dq=What+I+Saw+in+New-York&amp;amp;printsec=frontcover&amp;amp;source=bl&amp;amp;ots=UhaiBdFXuv&amp;amp;sig=jnXgeIeRvkVwnHyiwdK4Qcljz0g&amp;amp;hl=en&amp;amp;ei=V0O0SZOBMYGCtwfK5pi8Bw&amp;amp;sa=X&amp;amp;oi=book_result&amp;amp;resnum=1&amp;amp;ct=result&quot;&gt;What I Saw in New-York&lt;/a&gt;,&amp;rdquo; was published in 1851.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;Nor was Mr. Ross alone.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;A hundred and fifty years ago, the newspapers were editorializing in a Whitman-esque fashion: &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Whitman_tour_photo&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imageswhitman-tour-photo-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial&quot;&gt;You&amp;#8217;ll grow old waiting for &lt;st1:state w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;New York&lt;/st1:place&gt;&lt;/st1:state&gt;&amp;#8217;s streets to clear&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; COLOR: navy; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt&quot;&gt;As early as the 1840&amp;#8217;s, newspapers were bemoaning how crowded and noisy the streets were and how slow and tangled the traffic.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;In 1842 Walt Whitman wrote in an editorial, &amp;#8220;What can &lt;st1:State w:st=&quot;on&quot;&gt;New York&lt;/st1:State&gt; &amp;ndash; noisy, roaring, rumbling, tumbling, bustling, stormy, turbulent &lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:State w:st=&quot;on&quot;&gt;New York&lt;/st1:State&gt;&lt;/st1:place&gt; &amp;ndash; have to do with silence?&amp;#8221;&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;By the 1850&amp;#8217;s fifteen thousand vehicles a day were counted passing &lt;st1:city w:st=&quot;on&quot;&gt;St. Paul&lt;/st1:city&gt;&amp;#8217;s Chapel on Broadway at the foot of &lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:placetype w:st=&quot;on&quot;&gt;City&lt;/st1:placetype&gt; &lt;st1:placetype w:st=&quot;on&quot;&gt;Hall&lt;/st1:placetype&gt; &lt;st1:placetype w:st=&quot;on&quot;&gt;Park&lt;/st1:placetype&gt;&lt;/st1:place&gt;.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Of all modern &lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:state w:st=&quot;on&quot;&gt;New York&lt;/st1:state&gt;&lt;/st1:place&gt;&amp;#8217;s most salient characteristics, the only one already in full flower in the mid-nineteenth century was the city&amp;#8217;s energy and drive.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in; TEXT-ALIGN: right&quot; align=&quot;right&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt&quot;&gt;&lt;a href=&quot;http://www.johnsteelegordon.com/&quot;&gt;John Steele Gordon&lt;/a&gt;, &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;a href=&quot;http://www.amazon.com/exec/obidos/tg/detail/-/1555844286/qid=1057250178/sr=1-5/ref=sr_1_5/104-6832359-0263111?v=glance&amp;amp;s=books&quot;&gt;The Scarlet Woman of Wall Street&lt;/a&gt;, &lt;/i&gt;&lt;span style=&quot;COLOR: navy&quot;&gt;page 35&lt;/span&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Broadway_traffic_1860&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesbroadway-traffic-1860-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial&quot;&gt;Broadway traffic, 1860&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2008/05/too-many-houses-part-1-the-un-growing-city.html&quot;&gt;Cities are dense&lt;/a&gt;, &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2008/03/the-ultimate-future-city-arthur-c-clarkes-diaspar.html&quot;&gt;therefore they are vertical&lt;/a&gt;.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Cities are vertical, therefore they are technological and capital-intensive (we saw this, among other places, &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2008/04/the-economics-of-water-part-4-rome-invents-the-municipality.html&quot;&gt;in the Roman aqueducts and water infrastructure&lt;/a&gt;).&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;There is always a balance between private spaces &amp;ndash; homes, retail, offices, shops &amp;ndash; and public spaces &amp;ndash; parks, sidewalks, roads, and other ways.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;303_santa_cruz_night_better_071003&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/images303-santa-cruz-night-better-071003-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial&quot;&gt;Mumbai, &lt;st1:city w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;Santa Cruz&lt;/st1:place&gt;&lt;/st1:city&gt; neighborhood, late at night: still a hive of activity&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;Among cities I&amp;#8217;ve been to, the worst traffic jams &amp;ndash; expect to spend two hours from door to door &amp;ndash; were in Mumbai, and the most absurd are in Nairobi (where I was recently), because half the traffic from equatorial Africa flows through three roundabouts in Nairobi&amp;#8217;s downtown, on its way from Mombasa on the Indian Ocean through to Kampala, Uganda and thence into Congo or Sudan or Zambia. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;418_dharavi_traffic_sm_071004&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/images418-dharavi-traffic-sm-071004-small1.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial&quot;&gt;Mumbai: driving through a section of Dharavi at three miles an hour&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;Although this is pure speculation, I have a hunch that traffic is actually worst in cities that have just completed a rapid urbanization &amp;ndash; like Mumbai and &lt;st1:city w:st=&quot;on&quot;&gt;Nairobi&lt;/st1:city&gt; today, and &lt;st1:city w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;Manhattan&lt;/st1:place&gt;&lt;/st1:city&gt; 150 years ago:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Fifteen years later &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;[1865 &amp;ndash; Ed.]&lt;/i&gt;, despairing that vehicles and pedestrians could ever safely mingle at Broadway&amp;rsquo;s busiest intersection at the time &amp;mdash; Fulton Street in front of St. Paul&amp;rsquo;s Chapel &amp;mdash; Alderman Charles E. Loew proposed an elaborate iron bridge over the thoroughfare.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&amp;ldquo;The ladies ascended in numbers and appeared to be delighted with the bridge and from the immunity it afforded them from the dangers of a passage across the street,&amp;rdquo; The New-York Times reported when the &lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:placename w:st=&quot;on&quot;&gt;Loew&lt;/st1:placename&gt; &lt;st1:placetype w:st=&quot;on&quot;&gt;Bridge&lt;/st1:placetype&gt;&lt;/st1:place&gt; opened in April 1867.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Nyt_broadway_traffic_cure_elusive_loew_bridge_1868_090302&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesnyt-broadway-traffic-cure-elusive-loew-bridge-1868-090302-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial&quot;&gt;The &lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:placename w:st=&quot;on&quot;&gt;Loew&lt;/st1:placename&gt; &lt;st1:placetype w:st=&quot;on&quot;&gt;Bridge&lt;/st1:placetype&gt;&lt;/st1:place&gt; in 1868. It opened in 1867 at the busy intersection of Broadway and &lt;st1:street w:st=&quot;on&quot;&gt;&lt;st1:address w:st=&quot;on&quot;&gt;Fulton Street&lt;/st1:address&gt;&lt;/st1:street&gt; and lasted about a year.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Unfortunately, the bridge obscured the storefront of an important business, Knox the Hatter. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Mad_hatter_04&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesmad-hatter-04-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Bargains galore if you can reach my store!&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Not for the last time, &lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;when commercial and public interests collided on Broadway, commerce prevailed. &lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp;&lt;/span&gt;&lt;/b&gt;The &lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:placename w:st=&quot;on&quot;&gt;Loew&lt;/st1:placename&gt; &lt;st1:placetype w:st=&quot;on&quot;&gt;Bridge&lt;/st1:placetype&gt;&lt;/st1:place&gt; was dismantled a year later.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;I think the boldfaced sentence is false causality, but in any case, the skybridge went the way of the dodo.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Minneapolis_skybridge&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesminneapolis-skybridge-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Where skybridges survive: &lt;st1:city w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;Minneapolis&lt;/st1:place&gt;&lt;/st1:city&gt;, not for traffic, for winter&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Since then, no real cure has been found for Broadway traffic, only palliation.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Throughout history, we find the rich and powerful complaining about traffic.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;In 1661, Sam Pepys groused in his diary about spending &lt;a href=&quot;http://www.pepysdiary.com/archive/1661/12/10/&quot;&gt;an hour and a half&lt;/a&gt; crossing &lt;st1:city w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;London&lt;/st1:place&gt;&lt;/st1:city&gt;.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Pepys_young&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagespepys-young-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Capable young man in a hurry: Samuel Pepys&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Sixteen hundred years earlier, as noted by Eric A. Morris of &lt;a href=&quot;http://www.its.ucla.edu/&quot;&gt;UCLA&amp;#8217;s Institute for Transportation Studies&lt;/a&gt;, &lt;a href=&quot;http://freakonomics.blogs.nytimes.com/tag/traffic/&quot;&gt;Julius Caesar banned all wheeled traffic in the daylight hours&lt;/a&gt;:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Julius_caesar_brando&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesjulius-caesar-brando-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Friends, Romans, countrymen &amp;ndash; lend me your cars&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt&quot;&gt;To end the scourge of traffic congestion, Julius Caesar banned most carts from the streets of &lt;st1:city w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;Rome&lt;/st1:place&gt;&lt;/st1:city&gt; during daylight hours. It didn&amp;rsquo;t work &amp;mdash; traffic jams just shifted to dusk. Two thousand years later, we have put a man on the moon and developed garments infinitely more practical than the toga, but we seem little nearer to solving the congestion problem.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Unfortunately for those of us in a hurry, just as &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2005/05/slums_are_econo.html&quot;&gt;slums are economically rational,&lt;/a&gt; so too are traffic jams, in two ways:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;1.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Municipal budgeting&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 8.0pt&quot;&gt;Private spaces are revenue producing, in demand, and readily created incrementally; public spaces are capital-consuming and to be done properly require a strong and courageous municipal government.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;For an example of massive failure of nerve, see how the mayor and city utterly &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2005/09/new_new_orleans_2.html&quot;&gt;botched the reinvention&lt;/a&gt; and &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2009/01/new-new-orleans-is-here-part-2-the-physical-city.html&quot;&gt;reinhabitation of New New Orleans&lt;/a&gt;. &lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;b style=&quot;mso-bidi-font-weight: normal&quot;&gt;&lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;2. People&amp;#8217;s earning power and choice&lt;/span&gt;&lt;/i&gt;&lt;/b&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2006/12/benefits_of_hom.html&quot;&gt;Give people secure tenure and a minimum acceptable structure&lt;/a&gt; (the embryo house) and they will improve it, bit by bit, incrementally.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;By contrast, they don&amp;#8217;t spend money on public infrastructure, partly because they can&amp;#8217;t (what they can afford goes into their private spaces first), partly because &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2007/10/there-aint-no-such-thing-as-free-infrastructure-part-1-why.html&quot;&gt;infrastructure involves network hookups and formalization&lt;/a&gt; &amp;ndash; which some informal homeowners would prefer to defer.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;That&amp;#8217;s why slums may be defined, in municipal terms, as &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2008/03/slums-a-municipal-definition.html&quot;&gt;places where private investment has outrun public infrastructure&lt;/a&gt;. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;If there&amp;#8217;s one image I have of peri-urban &lt;st1:place w:st=&quot;on&quot;&gt;Africa&lt;/st1:place&gt;, &lt;a href=&quot;http://www.worldculturepictorial.com/blog/content/bikes-incl-wooden-bikes-help-break-poverty-trap-many-africans-spend-4-hrsday-walking-14-inco&quot;&gt;it&amp;#8217;s of people walking&lt;/a&gt;.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;In &lt;st1:city w:st=&quot;on&quot;&gt;Los Angeles&lt;/st1:city&gt;, no one walks; in &lt;st1:place w:st=&quot;on&quot;&gt;Africa&lt;/st1:place&gt;, many people walk, most of them black and poor.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;(When Nancy and I were in &lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:city w:st=&quot;on&quot;&gt;Johannesburg&lt;/st1:city&gt;&lt;/st1:place&gt; some years back, &lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2006/08/happy_birthday_3.html&quot;&gt;she who likes exercise&lt;/a&gt; would often walk from our hotel or B&amp;amp;B to her destination, often the world-class zoo.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;She used to comment that the only people she ever saw walking were black, and that many of them would warn her to be careful.)&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;br /&gt;&lt;img alt=&quot;Walking_in_nairobi&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imageswalking-in-nairobi-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;st1:city w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Nairobi&lt;/span&gt;&lt;/st1:place&gt;&lt;/st1:city&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;: four miles to work, four miles home: 90 minutes each way&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;a href=&quot;http://affordablehousinginstitute.org/blogs/us/2006/12/driving_to_the.html&quot;&gt;Transportation and affordable housing are deeply interconnected&lt;/a&gt;. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span lang=&quot;EN&quot; style=&quot;FONT-SIZE: 9pt; COLOR: #333333; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt; mso-ansi-language: EN&quot;&gt;&amp;ldquo;How long is your commute?&amp;rdquo;&lt;/span&gt;&lt;span lang=&quot;EN&quot; style=&quot;FONT-SIZE: 11pt; COLOR: #333333; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span lang=&quot;EN&quot; style=&quot;FONT-SIZE: 9pt; COLOR: #333333; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt; mso-ansi-language: EN&quot;&gt;&amp;nbsp;&lt;/span&gt;&lt;span lang=&quot;EN&quot; style=&quot;FONT-SIZE: 11pt; COLOR: #333333; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span lang=&quot;EN&quot; style=&quot;FONT-SIZE: 9pt; BACKGROUND: aqua; COLOR: #333333; FONT-FAMILY: Arial; mso-highlight: aqua; mso-ansi-language: EN&quot;&gt;&lt;/span&gt;&lt;span lang=&quot;EN&quot; style=&quot;FONT-SIZE: 9pt; COLOR: #333333; FONT-FAMILY: Arial; mso-ansi-language: EN&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Cars_highway&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagescars-highway-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span lang=&quot;EN&quot; style=&quot;FONT-SIZE: 7pt; COLOR: #333333; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt; mso-ansi-language: EN&quot;&gt;There goes 25% of my budget, and 20% of my waking day.&lt;/span&gt;&lt;span lang=&quot;EN&quot; style=&quot;FONT-SIZE: 11pt; COLOR: #333333; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span lang=&quot;EN&quot; style=&quot;FONT-SIZE: 9pt; COLOR: #333333; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt; mso-ansi-language: EN&quot;&gt;&lt;br /&gt;Isn&amp;rsquo;t that always the question you ask a new acquaintance after discovering where he or she lives?&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;span lang=&quot;EN&quot; style=&quot;FONT-SIZE: 11pt; COLOR: #333333; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span lang=&quot;EN&quot; style=&quot;FONT-SIZE: 9pt; COLOR: #333333; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt; mso-ansi-language: EN&quot;&gt;&amp;nbsp;&lt;/span&gt;&lt;span lang=&quot;EN&quot; style=&quot;FONT-SIZE: 11pt; COLOR: #333333; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span lang=&quot;EN&quot; style=&quot;FONT-SIZE: 9pt; COLOR: #333333; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt; mso-ansi-language: EN&quot;&gt;At some instinctive level, we all know that house prices and commute times are reverse-correlated: the price of a short commute is a high home price, and the cost of a low home price is a long commute.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp;&amp;nbsp; &lt;/span&gt;&lt;/span&gt;&lt;span lang=&quot;EN&quot; style=&quot;FONT-SIZE: 11pt; COLOR: #333333; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span lang=&quot;EN&quot; style=&quot;FONT-SIZE: 9pt; COLOR: #333333; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt; mso-ansi-language: EN&quot;&gt;&amp;nbsp;&lt;/span&gt;&lt;span lang=&quot;EN&quot; style=&quot;FONT-SIZE: 11pt; COLOR: #333333; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span lang=&quot;EN&quot; style=&quot;FONT-SIZE: 9pt; COLOR: #333333; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt; mso-ansi-language: EN&quot;&gt;Our lives normally shuttle between home and work as the twin poles of our daily existence, so we should have little surprise that our financial profile can be defined by&amp;nbsp;these two poles, and the commuting bridge between them:&lt;/span&gt;&lt;span lang=&quot;EN&quot; style=&quot;FONT-SIZE: 11pt; COLOR: #333333; mso-bidi-font-size: 12.0pt; mso-ansi-language: EN&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;The need to commute &lt;i style=&quot;mso-bidi-font-style: normal&quot;&gt;cheaply&lt;/i&gt; also governs how we configure cities.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Aside from affluent cities with good public transportation &amp;ndash; think Manhattan and its subways/ buses &amp;ndash; the most common approach to putting low-cost labor in walking proximity to low-wage jobs is the slum that abuts the high-rise condo, of which the best example I know is Paraisopolis in Sao Paulo.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Paraisopolis_aerial&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesparaisopolis-aerial-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Aerial view of Paraisopolis&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Paraisopolis_01&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesparaisopolis-01-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Lapping at the shores of affluence: Paraisopolis&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Paraisopolis_04&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesparaisopolis-04-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Looking into each other&amp;#8217;s yards and balconies: Paraisopolis&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;One sees these slums in Sao Paulo, Cairo, Nairobi, Mumbai &amp;ndash; everywhere there&amp;#8217;s a booming city, not only are there traffic jams (mainly of affluent people stuck in their cars), there are also tides of humanity walking, bicycling, or auto-rickshaw-ing from place to place, bustling about doing the business of their lives. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;484_scooter_sidecar_sm_071005&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/images484-scooter-sidecar-sm-071005-small1.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Scooter and sidecar: &lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:city w:st=&quot;on&quot;&gt;Ahmedabad&lt;/st1:city&gt;, &lt;st1:country-region w:st=&quot;on&quot;&gt;India&lt;/st1:country-region&gt;&lt;/st1:place&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;a name=&quot;OLE_LINK1&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Poor urban dwellers have always walked to work &amp;ndash; traffic jams are an affliction of the rich, and throughout history it is the rich and powerful who complain about traffic. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/a&gt;&lt;/p&gt;
&lt;p&gt;&lt;span style=&quot;mso-bookmark: OLE_LINK1&quot;&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Back to Eric Morris:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt&quot;&gt;If you live in a city, particularly a large one, you probably need little convincing that traffic congestion is frustrating and wasteful. According to the &lt;a href=&quot;http://mobility.tamu.edu/ums/&quot;&gt;Texas Transportation Institute&lt;/a&gt;, the average American urban traveler lost 38 hours, nearly one full work week, to congestion in 2005. And congestion is getting worse, not better; urban travelers in 1982 were delayed only 14 hours that year. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt&quot;&gt;Americans want action, but unfortunately there aren&amp;rsquo;t too many great ideas about what that action might be. As Anthony Downs&amp;rsquo;s excellent book &lt;a href=&quot;http://www.amazon.com/Still-Stuck-Traffic-Peak-Hour-Congestion/dp/0815719299&quot;&gt;Still Stuck in Traffic: Coping With Peak-Hour Traffic Congestion&lt;/a&gt; chronicles, most of the proposed solutions are too difficult to implement, won&amp;rsquo;t work, or both. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt&quot;&gt;Fortunately, there is one remedy which is both doable and largely guaranteed to succeed. In the space of a year or two we could have you zipping along the 405 or the LIE at the height of rush hour at a comfortable 55 miles per hour. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt&quot;&gt;There&amp;rsquo;s just one small problem with this silver bullet for congestion: many people seem to prefer the werewolf. Despite its merits, this policy, which is known as &amp;ldquo;congestion pricing,&amp;rdquo; &amp;ldquo;value pricing,&amp;rdquo; or &amp;ldquo;variable tolling,&amp;rdquo; is not an easy political sell. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;It&amp;#8217;s also regressive.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;Congestion pricing keeps the poor off the fast streets so the middle class and rich can get where they&amp;#8217;re going more quickly.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;The poor, therefore, respond in the classical fashion &amp;ndash; by packing more of themselves into any given space.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;African_bush_taxi&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesafrican-bush-taxi-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Out in the bush, pickup trucks serve as taxis&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;If you&amp;#8217;ve been anywhere in Africa you&amp;#8217;ve seen taxis, which are usually &lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:city w:st=&quot;on&quot;&gt;Toyota&lt;/st1:city&gt;&lt;/st1:place&gt; or Mitsubishi white minivans stuffed to the gunwales with passengers.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;The taxis run regular routes at irregular times&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Bara_taxi_rank&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesbara-taxi-rank-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Taxi rank, &lt;st1:city w:st=&quot;on&quot;&gt;&lt;st1:place w:st=&quot;on&quot;&gt;Johannesburg&lt;/st1:place&gt;&lt;/st1:city&gt;: no vehicle leaves with a single seat empty&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt&quot;&gt;Ultimately, there&amp;rsquo;s no free lunch; instead of paying with money, you pay with the effort and time needed to acquire the good. Think of Soviet shoppers spending their lives in endless queues to purchase artificially low-priced but exceedingly scarce goods. Then think of Americans who can fulfill nearly any consumerist fantasy quickly but at a monetary cost. Free but congested roads have left us shivering on the streets of &lt;st1:place w:st=&quot;on&quot;&gt;&lt;st1:city w:st=&quot;on&quot;&gt;Moscow&lt;/st1:city&gt;&lt;/st1:place&gt;.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 11pt; mso-bidi-font-size: 12.0pt&quot;&gt;To consider it another way, delay is an externality imposed by drivers on their peers. By driving onto a busy road and contributing to congestion, drivers slow the speeds of others &amp;mdash; but they never have to pay for it, at least not directly. In the end, of course, everybody pays, because as we impose congestion on others, others impose it on us. This degenerates into a game that nobody can win.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;African_taxi_rank_02&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesafrican-taxi-rank-02-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Crowding is intrinsic to lowering the costs&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;As Yogi Berra once aptly put it, &amp;#8220;&lt;A href=&quot;http://en.wikipedia.org/wiki/yogi_berra#examples&quot;&gt;Nobody goes there no more, it&amp;#8217;s too crowded&lt;/A&gt;,&amp;#8221; and that is the stable state for cities &amp;ndash; traffic jams are intrinsic, because there will always be somebody with a lower cost-per-minute than somebody else, so the equilibrium will be found at that point.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Yogi_mets&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesyogi-mets-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;It gets late early there, too&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Mayor Bloomberg, like the oft-cited King Canute, is trying to hold back the tide of humanity and commerce:&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;The latest attempt, a pilot program announced on Thursday by Mr. Bloomberg and Janette Sadik-Khan, commissioner of the Department of Transportation, would close Broadway to vehicular traffic from 47th to &lt;st1:street w:st=&quot;on&quot;&gt;&lt;st1:address w:st=&quot;on&quot;&gt;42nd Street&lt;/st1:address&gt;&lt;/st1:street&gt; and from 35th to &lt;st1:street w:st=&quot;on&quot;&gt;&lt;st1:address w:st=&quot;on&quot;&gt;33rd Street&lt;/st1:address&gt;&lt;/st1:street&gt;.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Broadway_traffic_map&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesbroadway-traffic-map-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Yeah, that&amp;#8217;ll work&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Effectively displacing the traffic jams to all the streets that border the pedestrian zone.&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp; &lt;/span&gt;That may be good if you want people to walk around &lt;st1:place w:st=&quot;on&quot;&gt;Times Square&lt;/st1:place&gt; (&lt;st1:street w:st=&quot;on&quot;&gt;&lt;st1:address w:st=&quot;on&quot;&gt;42nd Street&lt;/st1:address&gt;&lt;/st1:street&gt;) and Herald Square (&lt;st1:street w:st=&quot;on&quot;&gt;&lt;st1:address w:st=&quot;on&quot;&gt;34th Street&lt;/st1:address&gt;&lt;/st1:street&gt;) but not so good if you&amp;#8217;re in a cab going from Downtown to Midtown.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; BACKGROUND: aqua; FONT-FAMILY: Arial; mso-highlight: aqua&quot;&gt;&lt;/span&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&lt;img alt=&quot;Broadway_pedestrian_02&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesbroadway-pedestrian-02-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;It&amp;#8217;s always sunny and clean in CAD-CAM city&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;span style=&quot;mso-spacerun: yes&quot;&gt;&amp;nbsp;&lt;/span&gt;&amp;ldquo;Broadway&amp;rsquo;s character has evolved over the years, and that&amp;rsquo;s not what needs changing &amp;mdash; it&amp;rsquo;s the traffic,&amp;rdquo; Ms. Sadik-Khan said on Sunday. &amp;ldquo;Instead of going against the grain of the city&amp;rsquo;s grid, Broadway will work with it.&amp;rdquo;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;Time will tell. It could be that Broadway&amp;rsquo;s rural roots, three centuries old, render it too wild even for the Bloomberg administration to tame.&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt 0.5in&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;It has nothing to do with Broadway&amp;#8217;s rural roots, and everything to do with the congestion inherent in cities. &lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 10pt; FONT-FAMILY: Arial&quot;&gt;&lt;o:p&gt;&amp;nbsp;&lt;/o:p&gt;&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;img alt=&quot;Nyc_traffic&quot; src=&quot;http://affordablehousinginstitute.org/blogs/us/wp-content/uploads/imagesnyc-traffic-small.jpg&quot; border=&quot;0&quot; /&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;Nary an angled street in sight&lt;/span&gt;&lt;/p&gt;
&lt;p class=&quot;MsoNormal&quot; style=&quot;MARGIN: 0in 0in 0pt&quot;&gt;&lt;span style=&quot;FONT-SIZE: 8pt; FONT-FAMILY: Arial; mso-bidi-font-size: 10.0pt&quot;&gt;&lt;o:p&gt;&lt;/o:p&gt;&lt;/span&gt;&amp;nbsp;&lt;/p&gt;
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