A new report from the Federal Housing Finance Agency says that U.S. counties with a significant number of jobs in the energy sector have seen a rise in home prices that is unusual in this recession.
The study looked at changing home prices from 2006-2011 in energy-producing states. The Oklahoman says the way an "energy job" is defined is a bit problematic, in that the sizable number of white collar jobs in Tulsa created by the oil industry is overlooked (classified with "general management"):
"Home prices in counties with the higher energy employment outperformed the other counties in every state but Oklahoma. Here, high-energy counties saw home price gains of 4.8 percent while the other counties saw better gains of 5.3 percent."
Alaska, Louisiana, New Mexico, North Dakota, Texas, West Virginia and Wyoming are the other states the FHFA looked at, and they all saw a more significant increase in home prices in high-energy counties.
FULL STORY: Home price gains in Oklahoma's high-energy counties lag others in the oil patch
Home Prices Continue to Rise Across the Nation
The pandemic’s effects continue to impact housing markets, with formerly affordable cities seeing a steep rise in housing costs.
Austin Lot Size Changes Could Make Homes More Affordable
Land acquisition makes up 15 to 20 percent of the cost of an average home in the Austin area.
Maui Condo Sales Drop as County Weighs Short-Term Rental Regulations
A proposed county bill would phase out some 7,000 short-term rental units.
Alabama: Trump Terminates Settlements for Black Communities Harmed By Raw Sewage
Trump deemed the landmark civil rights agreement “illegal DEI and environmental justice policy.”
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.
Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.
Wind Energy on the Rise Despite Federal Policy Reversal
The Trump administration is revoking federal support for renewable energy, but demand for new projects continues unabated.
Passengers Flock to Caltrain After Electrification
The new electric trains are running faster and more reliably, leading to strong ridership growth on the Bay Area rail system.
Texas Churches Rally Behind ‘Yes in God’s Back Yard’ Legislation
Religious leaders want the state to reduce zoning regulations to streamline leasing church-owned land to housing developers.
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.
Caltrans
Smith Gee Studio
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