Copenhagen’s famous biking culture—over 3 out of every 5 commutes are by bike—is lauded internationally as an achievement for the environment, public health, and—we’d add—fiscal sustainability alike. But they didn’t get there just by building bike lanes.
There’s a 30% chance your house will be worth less in five years. Homeownership is not the surefire investment vehicle it often gets advertised as.
Another spate of headlines suggest that rapid suburban growth means that Millennial homebuyers must prefer the greener pastures of suburbia to life in inner-city neighborhoods. Here’s why the real story is not that simple.
We tend to talk about neighborhoods in a static way: if they’re not rapidly, visibly transforming, we assume they’re not changing at all. A look at the data provides a helpful reminder that the places we live are actually changing all the time.