38% of US renters believe they will never be able to buy their own home, up from 10%+ from 2023 (27%).
redfin.com/news/renters-b…

As Detroit officials celebrate $1 billion in affordable housing initiatives, a new report shows the region is poised for the strongest rent growth in the nation crainsdetroit.com/real-estate/de…

Head of Moody's CRE Economics, Thomas LaSalvia discussed the rising national office vacancy rates, now nearing 20%. LaSalvia pointed out the financial challenges for office spaces amid high interest rates but mentioned the potential benefits of geographical diversity. Watch now:

Downtown is much more than offices ...

Plus schools, lower housing prices, more affordable quality of life ...

The money chart.

The Midwest in general remains the great value - not just housing but schools & amenities especially family oriented amenities. Folks are starting to catch on ...

What a change in Florida ...

Not only have our premiums gone up 400%, but we are paying for crap. Good job Rs. tampabay.com/news/florida-p…

'I can always go back to science when I’m disappointed with music' ...
nytimes.com/2024/04/09/sty…

So much for that whole California is dead nonsense ... David Albouy long ago showed that California metros lead on the combination of productivity & amenity ...

“Richard Florida and others have shown that the economic development driven by AI, like other waves of high technology, are tending to concentrate in specific areas, such as the San Francisco Bay Area and the Washington-to-Boston Northeast Corridor”

Donations are way down at Penn.

It “has received less money from fewer donors in 2024 than in any year since at least 2020.”

Do tune in to this terrific and important debate.

This is important for all downtowns. Cities need to leverage 'Yes And.'

Richard Florida has said in the past Central Business Districts need to evolve into Central Connection Districts.

Bringing Workers Back Downtown Won’t Make Toronto Great Again. But Making It Fun Might. My latest in The Globe and Mail: theglobeandmail.com/opinion/articl…

AI & the Competitive Advantage of Cities
fastcompany.com/91089513/ai-re…

Another sign of the tipping point: Gen Z is rising up against phone-based life too. See this great essay by college student Nick H. Penniman, noting that Gen Z has been quiet so far about reform efforts, but is now finding its voice:

thenation.com/article/archiv…

Urbanist Dan Doctoroff lamented the rejection of Amazon's failed Queens HQ proposal during a wide-ranging conversation with TRD's Stuart Elliott about his role in NYC's 21st century redevelopment.

Stream their full #SalonSeries conversation: therealdeal.com/new-york/2024/…

wow!