Title: Portland
1Portland
2Moscow
http//www.rentalcartours.net/megacity_book.pdf
3Bangkok
http//www.demographia.com/db-worldua.pdf
4WAR ON THE DREAM How Anti-Sprawl Policy
Threatens the Quality of Life By Wendell Cox The
universal dream of home ownership is associated
with unprecedented improvement in the quality of
life throughout the high-income world. Yet, there
is a war on the dream policies that seek to curb
urban sprawl (suburbanization). These policies
have been adopted with little debate, little
consideration of the economic consequences and
are rooted in faulty analysis. Development is
banned on large swaths of land, creating scarcity
and raising house prices, reducing home ownership
and accumulation of equity that creates so much
wealth. Roadway construction is halted, worsening
congestion and air pollution, justified by a
clueless dogma that imagines people can switch to
mass transit. These policies promise fewer jobs
and a heavy economic toll. Anti-suburban policies
must be rejected and repealed. This new volume
is an international primer on urban land and
transport policy. ________________________________
__________________________________________________
Introduction Policies Have Consequences Part
I SETTING THE STAGE Chapter 1 The Theology of
Urban Sprawl Chapter 2 The Broader
Context Chapter 3 Suburban World Chapter 4
Planning and the Post-War American City Part II
DEMONIZING THE SUBURBS Chapter 5 Hysteria over
Land Chapter 6 Missing the Transportation
Connections Chapter 7 Costs, Community, Obesity,
Fear, Ad Nausea Part III WAR ON THE
DREAM Chapter 8 Rationing Land, Home Ownership,
and Opportunity Chapter 9 The Cost of Neglecting
Mobility Chapter 10 The High Price of Retail
Restrictions Chapter 11 Anti-Suburban
Dystopia Part IV SUSTAINABLE FUTURE
TENSE Chapter 12 The Universal Dream
5 A BROADER ISSUE The issue is not Land
use Cities The issue is Quality of Life Social
Equity Wealth v Poverty x
Jakarta
6Transportation Affluence MORE ACCESS, MORE
ECONOMIC GROWTH
Beijing
?WALKING?
7Home Ownership Affluence
Barcelona
8Economics History of Poverty ECONOMIES
DISTINGUISHED BY EXTENT OF POVERTY
Manila
9Economies Vary by Extent of Poverty THERE ARE
WEALTHY IN ALL NATIONS
? GDP/Capita 2000
United States
Rio de Janeiro Rich Poor
Japan
W. Europe
Argentina
Asia
Latin America
Africa
10Lower Density Affluence Association GDP PER
CAPITA (PPP)
Rio de Janeiro
11Democratization of ProsperityASSOCIATED WITH
HOME OWNERSHIP
?Homeownership Rate
12Land Rationing Raises Land Prices HUGE PERIPHERAL
PRICE DIFFERENCES UGB
? Land Price
Normal Price Curve Without Urban Growth Boundary
?
Price Curve with ? Urban Growth Boundary
Up to 5001 Ratios Adjacent Land (UK)
Distance from the core ?
13Anti-suburban Research Claiming No
link Between Land Rationing price
Sun Rises in the West Studies DO NOT REPEAL
THE LAW OF SUPPLY DEMAND
14Sun Rises in the West Studies DO NOT REPEAL
THE LAW OF SUPPLY DEMAND
Anti-suburban Research Claiming No
link Between Land Rationing price
15(No Transcript)
16Affordability Crisis in New Zealand Urban
Consolidation is the Problem
Principal Author Arthur C. Grimes, Chair,
Reserve Bank Board of New Zealand
17A Key to Postwar Economic Success LESS RESTRICT
IVE LAND USE POLICIES Home Ownership Cheap land
on the fringe
18Land Regulations Stunt Economic Growth US
FEDERAL RESERVE BOARD RESEARCH
20 less job growth than expected in metropolitan
areas with strongest land use regulation -Raven
Saks US Federal Reserve Board
Philadelphia
19Kansas City
20Median Multiple by Market
? Historic Maximum
21Population 1995-2006 PERTH AUSTIN, TEXAS
Perth
Austin
22Housing Affordability 1996-2006 PERTH AUSTIN,
TEXAS
Perth
Austin
23Costs of Urban Consolidation USA CONSEQUENCES V.
PROMISES 2000-2025 PER UNIT
Actual Cost Increase Relative to Other Markets
Los Angeles
Promised Cost Reduction from Urban Consolidation
2006
2000
2025
24Housing Still Affordable MOST MARKETS IN MOST
MARKETS
2,500 Sq. Ft. on 1/3 Acre
St. Louis Suburbs
25Atlanta, Dallas-Fort Worth, Houston HIGHEST
DEMAND LARGE FIRST WORLD MARKETS
Atlanta
Median Multiples Under 3.0
26Home Ownership by Ethnicity 2005 LARGE GAP 4
DECADES AFTER MLK I HAVE A DREAM
White-Non-Hispanic
African-American
Hispanic
272000-2006 3,500,000 move from highest cost
markets (Examples San Francisco, Los Angeles,
San Diego, New York, Boston
2000-2006 San Diego losing more movers than
Pittsburgh
Kansas City
Moving to Flyover Country HIGH COST HOUSING
REVERSING MIGRATION TRENDS
28Sydney or Hong Kong?
29Greenhouse Gas Emissions CBD, INNER OUTER
PERTH PER CAPITA
SIMILAR RESULTS WATER ECO-FOOTPRINT
30GHG Emissions by Dwelling Type PER CAPITA
?Annual GHG tonnes per capita
31High Rise Energy Use SYDNEY
32High Rise Energy Use SYDNEY
33The Universal Dream
Athens
34Australia Consensus on Land Shortage SMART
GROWTH REDUCES AFFORDABILITY
Ian MacFarlane Governor, Reserve Bank
John Howard, Prime Minister
Peter Costello, Treasurer
NEW ZEALAND PARLIAMENTARY INQUIRY ORDERED
35Urban growth boundaries should be
prohibited. Donald Brash, Former
Governor Reserve Bank of New Zealand
36The Universal Dream JAPANESE DREAM TOKYO SUBURBS
The American Dream Has Become The Universal
Dream Jack Kemp
37The Universal Dream INDONESIAN DREAM JAKARTA
SUBURBS
38(No Transcript)
39Economic Growth is a Necessity FOR INTERNATIONAL
COMPETITIVENESS
Shenzhen
40Economic Growth is a Necessity SOCIAL
COHESION The Economic Social Consequences Of S
mart Growth
41Light Rail Central Kolkata
42PLANNING REFORM Back to Basics Not telling
people how to live Rather, facilitating life
styles people prefer
Planners Route ? ?
Peoples Route ? ?
Paris Suburbs