Tag: Oregon

Subdivisions go urban as housing market changes
USA Today – May 15, 2012
“It’s the kids (ages 18 to 32), the empty nesters (Baby Boomers with no kids at home),” says Chris Leinberger, president of Smart Growth America’s LOCUS (Latin for “place”), a national coalition of real estate developers and investors who support urban developments that encourage walking over driving. “These two generations combined are more than half of the American population.”

Housing’s Future: Renting and Downsizing
Wall Street Journal’s Real Time Economics blog – May 15, 2012
Be it ever so humble, there’s no place like a rented apartment. That may be the mantra of U.S. households for the next three years, according to a new study released Tuesday by the Demand Institute division of the U.S. Conference Board. Most Americans still hope to own a home, the study found — but that home will be smaller than the MacMansions of the housing boom.

San Jose City Council OKs developer incentives to build downtown apartment high rises
San Jose Mercury News (CA) – May 15, 2012
To bring more workers to San Jose, the City Council in January enticed developers with fee and tax waivers to fill or build office space. Now, the council wants to lure more people to live downtown — even though it means giving residential developers millions in tax breaks and other fees to do so.

A new report out today from Smart Growth America analyzes how all 50 states invested their flexible transportation funds from 2009’s American Recovery & Reinvestment Act (ARRA). The report examines what projects each state used its funds for, and whether those projects created as many jobs as possible.

Transportation projects create jobs in the short term but can also create the foundation for a stronger economy in the long term – particularly if those projects repair existing roadways or create public transportation options. As Newsweek’s David A. Graham explains:

It’s not enough just to inject money into infrastructure, because not all transportation funding is created equal—or at least, it doesn’t create jobs at an equal rate. As any infrastructure policy wonk can tell you, money spent on fixing up existing systems or building mass transit delivers more jobs, and faster, than building new highways.

Smart Growth America’s new report found that many states didn’t invest their funds this way and in doing so missed a significant opportunity to create more jobs. As a companion to that report, Smart Growth America has released state-specific recommendations for states looking for ways to improve their transportation investments.

One enterprising Portland realtor combined the growing demand for homes in convenient locations with Portland’s biking fervor to boost her bottom line — filling a niche that was previously empty. When Portlanders want to buy a home that lets them bike to the office, the grocery store, or the post office, they call Kirsten Kaufman, whom Portland Live calls the “Bike Broker.”