T. Little
@WhatTimTweetsSharing Insights on Public Finance, Infrastructure, Regional Economics, Cities, State & Local Governments 🏛️ 🏙️ 🏗️ 📊 | All views my own.
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Lack of affordable housing for families in cities is pushing millennials into the suburbs. Office conversions to residential units would help, but face challenges and may take decades. Check out backofthebudget.com for more. #Millennials #HousingCrisis
Maryland five-year state budget projection foresees ‘enormous gap’ not seen in two decades. marylandmatters.org/2024/11/12/fiv…
Voters in eight U.S. states backed measures to ease property taxes as frustration grows over rising tax bills linked to soaring home values. Georgia and Florida led with assessment caps; inflation-tied exemptions. Link: wsj.com/real-estate/pr… #PublicFinance #Taxes #LocalGovt
Would be nice to see this take off in the U.S. Two UK coffee shops have introduced policies aimed at stopping remote workers from "hogging" tables and limiting turnover. bbc.co.uk/news/articles/…
"For every life that the heaviest 1% of SUVs and trucks save, there are more than a dozen lives lost in other vehicles." Vehicle safety scores are based on the driver's seat, and ignore passengers in other vehicles. Fatality is about 7x higher colliding w/ a heavy pickup truck.
America has a killer-car problem. Its roads are nearly twice as dangerous as the rich-world average. It doesn’t have to be that way econ.st/4eaTYGq
Arizona’s school voucher experiment has led to a budget meltdown. The state this year faced a $1.4 billion budget shortfall, much of which was a result of the new voucher spending. propublica.org/article/arizon…
Immigration is becoming essential for revitalizing cities like St. Louis, facing pop. decline and labor shortages. The city's initiative is part of a broader Midwest trend of turning to immigrants as a solution. #Demographics #PublicFinance #StLouis ft.com/content/bcc2c1…
Over 10" of rain in about 12 hours around Oxford and Southbury is close to a 1-in 1000 year flood. That means rain totals like these have an approximately 0.1% chance of occurring in any given year. An exceptional event.
"Cash Cow" - Georgia cities accused of using police as revenue generators. Since 2019, the state investigated 16 municipal police departments for issuing excessive traffic citations for revenue, misplaced speed limit signs, and other violations. atlantanewsfirst.com/2024/08/05/i-w…
Miami is grappling with a convergence of environmental challenges and underinvestment in critical infrastructure. timothywlittle.medium.com/miamis-infrast…
Downtown-office valuations have halved from their peak in early 2022. For suburban offices, the drop is a more manageable 18%. #RealEstate #Downtowns #Suburbs wsj.com/real-estate/co…
Voters are getting more volatile: "A little under five years ago, Boris Johnson won the largest Conservative majority since 1987. Now, Rishi Sunak looks to have led the Conservatives to their worst defeat since the party was founded, while Sir Keir Starmer has led Labour from…
This is the choice, cut spending or shift tax burden: Boston would have to cut about $400 million of spending in order to avoid the sharp spike in residential property rates if the city can’t rebalance the tax burden with commercial buildings. #Boston #PropertyTax
CityLab Daily: When residents bear the burden of office decline trib.al/6MsnYks
"the beheading is an unavoidable metaphor for the angst surrounding the institution’s sudden closure." nytimes.com/2024/06/21/art…
BREAKING: Enrollments at Emerson College are way down, in part due to protests, and the school is planning to lay off staff, including possibly faculty:
Baby-boomers amassed significant wealth but now spend far less in retirement than expected. Thriftiness influenced by bequest motives, lingering effects of the pandemic, and concerns about potential future care costs. #BabyBoomers #Retirement #Savings economist.com/finance-and-ec…
While demand is forecast to peak before 2030, continued investment by oil producers, led by the US, would by then result in more than 8mn b/d of spare capacity. on.ft.com/4b2BUfo
Hochul considering congestion pricing delay amid concerns from Democratic leaders ow.ly/qnTW105vB4E
This past holiday season was the first time mobile-revenue share surpassed desktop, reaching 61% on Christmas Day. #Shopping #ecommerce #mobile wsj.com/tech/personal-…
Fast casual has landed in the sweet spot between expensive fast food and bloated restaurants. The premium for a fast-casual lunch versus fast food was only $2.64 in the first quarter of 2024. #Lunch #Dining #FastFood #FastCasual bloomberg.com/news/articles/…
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