Getting serious about housing affordability
- June 26, 2018
Much of RTD’s problem stems from its mania for an obsolete form of transportation: trains.
READ MOREAlthough many cities across the country are facing serious housing shortages, the efforts they are making to fix the problem are doomed to failure. Their so-called affordable housing programs address symptoms, not causes, and apply band-aid solutions when far different (but less costly) tools are needed. Median home prices in most American cities are less
READ MORENationwide transit ridership in March 2018 was 5.9 percent below March 2017, according to the latest data published by the Federal Transit Administration. Following three years of steady declines, these numbers present a dire picture of the nation’s transit industry. Ridership declined in all of the nation’s 38 largest urban areas (and the 39th, Providence,
READ MORENone of these projects make sense because — in case you haven’t noticed — we have this new-fangled technology called airplanes that go twice as fast as the fastest trains in the world and require almost no infrastructure, which means their costs are much lower than trains. So why are Americans so bedazzled by trains?
READ MOREIn 2004, Denver’s Regional Transit District (RTD) persuaded voters to pay billions of dollars in taxes to build a 19th century rail transit system for a 21st century urban area. Thirteen years later, this experiment is increasingly proving to be a failure.
Ridership on Denver’s new R and W light-rail lines is so low that RTD is reducing train frequencies. After more than a year of operating a rail line to the airport, the agency still hasn’t figured out how to make its automatic crossing gates work reliably, a problem private railroads solved more than 80 years ago.
READ MOREBoulder residents would bristle at claims they are racist, but the nation’s most progressive cities tend to be the ones that have adopted policies that make housing unaffordable and push low-income people out. Since black per capita incomes remain about 60 percent of whites, they are some of the first to leave such cities.
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