Texas cities top a ranking by Forbes of where your dollar goes the farthest. Affordable housing and promising job prospects made a big difference.
"'Texas, as a whole, is one of the few economies that's performing extremely well because of the energy and technology sectors,'" says Andrew Gledhill, an economist at Moody's Economy.com. Plus, he added, military bases in San Antonio have continued to draw a steady steam of personnel and federal employees to the city, spurring widespread job growth.
The state's manufacturing sector has also grown in recent years, and a reputation for affordable housing continues to lure people to the South. When accounting for median household income, a house in Dallas, for example--with a median price of about $150,000--is four times more affordable than a house in Los Angeles, the worst-ranked city on our list.
A house in New York is three times less affordable than in Charlotte, N.C., and four times less than in Denver, two cities where your money goes far and where the median house costs $245,000, according to the National Association of Realtors."
FULL STORY: Best And Worst Bang For The Buck Cities
Land-Use Regulation, Income Inequality and Smart Growth
A recent paper by Harvard economists Daniel Shoag and Peter Ganong titled, Why Has Regional Convergence in the U.S. Stopped? indicates that land development regulations tend to increase housing costs, which contributes to inequality by excluding lower-income households from more economically productive urban regions. Does this means that planners are guilty of increasing income inequality?
Affordable Housing Gives Life to The Bronx
The Bronx is slowly shedding its negative image as it boasts a job growth that is outpacing the entire New York City, and the fastest wage increases than any other borough in the city, reports Daniel Massey for Crain's New York Business.
The Permanent Affordability That Wasn't: Lessons from the Pythian Building
A high-stakes, high-profile community land trust project once hailed as a triumph in New Orleans ended in disaster for its residents, but it’s important to draw the right lessons about why.
Study: Maui’s Plan to Convert Vacation Rentals to Long-Term Housing Could Cause Nearly $1 Billion Economic Loss
The plan would reduce visitor accommodation by 25,% resulting in 1,900 jobs lost.
North Texas Transit Leaders Tout Benefits of TOD for Growing Region
At a summit focused on transit-oriented development, policymakers discussed how North Texas’ expanded light rail system can serve as a tool for economic growth.
Why Should We Subsidize Public Transportation?
Many public transit agencies face financial stress due to rising costs, declining fare revenue, and declining subsidies. Transit advocates must provide a strong business case for increasing public transit funding.
How to Make US Trains Faster
Changes to boarding platforms and a switch to electric trains could improve U.S. passenger rail service without the added cost of high-speed rail.
Columbia’s Revitalized ‘Loop’ Is a Hub for Local Entrepreneurs
A focus on small businesses is helping a commercial corridor in Columbia, Missouri thrive.
Invasive Insect Threatens Minnesota’s Ash Forests
The Emerald Ash Borer is a rapidly spreading invasive pest threatening Minnesota’s ash trees, and homeowners are encouraged to plant diverse replacement species, avoid moving ash firewood, and monitor for signs of infestation.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
City of Santa Clarita
Ascent Environmental
Institute for Housing and Urban Development Studies (IHS)
City of Grandview
Harvard GSD Executive Education
Toledo-Lucas County Plan Commissions
Salt Lake City
NYU Wagner Graduate School of Public Service