Recent Streetsblog USA posts about Economics

How Cutting Back on Driving Helps the Economy

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Cross-posted from City Observatory As Americans drive less and spend less on fuel, they have about $150 billion annually to spend in other ways. There are two kinds of economics: macroeconomics, which deals in big national and global quantities, like gross domestic product, and microeconomics, which focuses on a smaller scale, like how the prices […]

Our Cities Can’t Afford So Many Rooftop Spas

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First, let me be clear: Tomorrow is April Fools, not today. This is real. There are luxury apartment buildings in Washington, DC, trying to lure renters with communal puppies. That sounds like the makings of a tiny tombstone engraved with “Tragedy of the Commons,” if you ask me. Who’s going to take responsibility for a […]

HUD and U.S. DOT Embrace Housing + Transportation Metric for Affordability

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A few years ago, the Center for Neighborhood Technology gave a wonderful gift to urbanists and planners: the Housing + Transportation Index. This simple calculation clarified and popularized a key concept: that transportation costs must be taken into account in any measurement of “affordability.” Without that, potential homebuyers and renters make the mistake of “saving” […]