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Economic Sustainability

London Garage to Sell for £550,000

October 25, 2014 by Brandon Donnelly

London's Valuable Real Estate

A garage located in the Chelsea area of London measures about 11’ x 7’ and it’s expected to go for more than £550,000 at auction, which would make it the most expensive garage ever sold in the UK. The site area is 535 square foot, about the size of an average one bedroom condo in Toronto.[read more]

Cheating Demographic Doom: Pittsburgh Exceptionalism and Japan's Surprising Economic Resilience

October 24, 2014 by Jim Russell

Demographic Doom and Risk

Pittsburgh holds the dubious distinction of having the lowest share (10.8 percent) of children among the 52 largest metros. Imagine this cohort aging in place, no one leaving or arriving. Without the benefit of migration, Pittsburgh will become the smallest of the big metros.[read more]

Seattle, the Incredible Shrinking City

October 22, 2014 by Jim Russell
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Seattle Shrinking?

Consider me a proponent of the micro-housing movement in Seattle. I support the anti-materialist aesthetic. Live where you want to live. Be willing to give up square footage to accomplish that goal. Unintentionally, this emergent residential pattern is commensal with the shifting economic geography of tech firms.[read more]

Big Cities have Rebounded the Fastest Since 2008

October 22, 2014 by Brandon Donnelly

Big City Rebound

Josh Lehner of the Oregon Office of Economic Analysis published a study earlier this summer where he looked at employment growth according to city size across the US. What he found since the Great Recession of 2008-2010 is that larger metros have rebounded the fastest.[read more]

Transit and Residential Neighborhoods: Questioning the Affordability of Residential Neighborhoods Around Metro Rail Stations

October 22, 2014 by TheCityFix - produced by EMBARQ

Dehli Housing and Mass Transit

Planning authorities in urban areas around the world have acknowledged the need for the integration of land use and transportation planning for many decades. Only since the 1980s though have cities revisited this concept and acknowledged its benefits for urban development.[read more]

Indian Business Leaders Slam Government Guidelines on Smart Cities and Propose Resilience Model

October 21, 2014 by David Thorpe

The report's cover

An Indian business think tank has developed a Smart Cities Maturity Model (SCMM) to establish the metrics to be applied to a Future City for gauging resilience. It argues that current investment in India for its 100 Smart Cities programme must apply these to be successful, and is dangerously narrow-focussed at present.[read more]

Millions in the UK Do Not Receive a Living Wage and Income Inequality is Rising

October 20, 2014 by Glenn Vowles

Living Wages

Wages that are high enough that they can be lived on doesn't sound like too much to ask for does it? However, millions in the United Kingdom don't receive pay that covers something as basic as the cost of living - whilst the very rich are getting even richer.[read more]

Comparing Apples to the Big Apple: Washington, D.C., Is More Expensive Than New York City

October 20, 2014 by Jim Russell

Comparing Urban Cost of Living

The Washington Post has some fun with a Bureau of Labor Statistics report about housing expenditures in the US. The initial headline, “It’s More Expensive to Live in D.C. Than New York, Study Says.” Then comes the social media controversy: “D.C. Is More Expensive Than New York? Twitter Reacts.”[read more]

From Utility to Fear and Greed

October 20, 2014 by Brandon Donnelly

Market Efficiency Risk

Roger Martin recently published a post on the Harvard Business Review blog called: The Dark Side of Efficient Markets. In it, he makes an interesting distinction between what he calls use-driven markets and expectations-driven markets, the latter of which is assumed to be the more efficient one.[read more]

Lagos Rising: Where Next for 'Africa's London'? [VIDEO]

October 19, 2014 by Future Cape Town

Lagos and the Future

Lagos is the world’s fastest growing megacity, and it is currently riding on the wave of their lucrative oil industry and expanding economy. But while skyscrapers furnish the business elite, millions who live in the slums of Lagos wonder if they will benefit.[read more]

Women in Food: From Theatre to Tech, Erika Block Helps Build a New Food Economy

October 18, 2014 by Seedstock Sustainable Agriculture

New Food Economics

Erika Block is something of a web weaver for the local foods economy. As CEO of Local Orbit, a company dedicated to providing sales and business management services to entrepreneurs, farmers, food hubs and others, she’s intricately familiar with the logistics that make the movement possible.[read more]

exclusive

Why Are European States Refusing to Eco-Refit Their Public Buildings?

October 17, 2014 by David Thorpe

The European Commission has set a target for 3% of public buildings throughout the continent to be renovated to improve their energy efficiency every year. We all know this will save public money on energy bills. But most countries are dragging their feet. Why?[read more]