Monthly Archives: November 2017

Real estate researcher: ‘We are in a long cycle, not boom or bust’

Re-posted with permission from Anne Wallace Allen – Idaho Business Review November 14, 2017 Remember how the millennials were all moving to the city, eschewing automobiles and prompting apartment growth? Well, that generation – born in the 1980s and early 1990s – is growing up, and now they’re headed to the suburbs. And not just any suburbs, either – they’re looking for suburbs that offer a high quality of life and a low cost of living, be it in their own city or one that is on the other side … Read More

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Ride Sharing and Driverless Cars Are Game-Changers for Real Estate and Cities

By Jeremy Harper, October 25, 2017 in Urban Land The coming wave of ride-hailing companies and driverless cars will push down levels of vehicle ownership, reduce parking demand, and transform the way that city planners, real estate owners, and consumers interact with urban space, a panel of experts said at the ULI Fall Meeting. Consumer adoption of ride-hailing services such as Uber and Lyft has already started affecting how some private urban developments and municipal projects are built, but the large-scale implementation of autonomous vehicles over the next decade will have … Read More

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Richard Florida Notes Unexpected Effects of the Creative Class’s Rise

Article in Urban Land By Patrick J. Kiger October 24, 2017 Urban theorist Richard Florida vaulted into prominence in 2004 with his book The Rise of the Creative Class, which described how growing clusters of knowledge workers in urban areas were reshaping the economy and determining which places thrived or withered. As Florida explained in a talk at the 2017 ULI Fall Meeting in Los Angeles, that trend turned out to be faster and more powerful than his forecast—and it came with negative consequences that he had not foreseen. Read Complete … Read More

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