Episodes
Wednesday Jun 01, 2022
Uber’s Bull Run Is Over, Says CEO
Wednesday Jun 01, 2022
Wednesday Jun 01, 2022
Uber has been providing cheap and convenient rides for the last decade, and has been knocking out transportation alternatives like Zipcar, taxis, and even public transit.
As noted in a recent article from Slate, though, Uber is notorious for burning through cash. The company has lost more than $30 billion since it became public in 2019, amounting to an enormous investor-fueled subsidy of America’s ride-hailing habit. In a memo released earlier this month, Uber’s CEO called the past decade an “unprecedented bull run,” and that this next period will be different and will require a different approach.
And consequentially, ridesharing will get much more expensive. In fact, both Uber and Lyft prices have already risen between 45 and 92%—and more recently, surcharges have been added to account for high gas prices.
So, does this mark the beginning of the end for Uber? Join Upzoned host Abby Kinney and her regular co-host Chuck Marohn as they “upzone” this topic—and talk about how it relates to the economy, as a whole.
Additional Show Notes
Wednesday May 25, 2022
Corporate Investors Own Nearly Half of This City’s Residential Property
Wednesday May 25, 2022
Wednesday May 25, 2022
One hundred years ago, homes were primarily places for people to live, and weren’t considered as investments. Most Americans acquired wealth through income, and homes were only partially an investment consideration. For many reasons since the Great Depression, home ownership has begun to play a larger role than income in carrying generational wealth for Americans. “Housing has become (more of) a financial investment, not a place where you live,” Strong Towns founder Charles Marohn states in this latest episode of Upzoned. “And that changes everything about how we deal with housing.”
Those changes include the role of institutional investors, who have become a much more significant player in many housing markets.
Upzoned host Abby Kinney and Marohn, her regular guest, talk over an article about research done by the Rutgers Center on Law, Inequality and Metropolitan Equity (CLiME). The study found corporate investors in Newark, New Jersey, now own nearly half of Newark’s residential property, the highest rate in the nation, researchers said.
Dig into the details of this discussion and hear an early notice about an upcoming Strong Towns book on housing on this week’s Upzoned.
Additional Show Notes
Wednesday May 18, 2022
Philadelphia Is Launching the First Public Bank Owned by a City
Wednesday May 18, 2022
Wednesday May 18, 2022
This week on Upzoned, host Abby Kinney wades into a proposal for a new Philadelphia-based public bank, a financial institution being created to provide new loans with reduced cost of capital in marginalized neighborhoods. Along with co-host Charles Marohn, president and founder of Strong Towns, Abby examines the concept of public banks as presented in a podcast by the progressive non-profit media outlet, Next City.
Next City Executive Director Lucas Grindley and Senior Economics Correspondent Oscar Perry Abello ask whether the first public bank owned by a city can be a “systemic gamechanger for the racial wealth gap,” according to the group’s summary of the podcast. Derek Green, a Philadelphia city council member championing the city’s public bank, joins the Next City hosts to explain that loans to small businesses can be a source of jobs in economically stagnant “bank deserts.”
This could be a creative option if you're looking for creative financing solutions in your place and find that local Community Development Financial Insitutions (CDFIs) are too strapped to make loans. Nevertheless, it might make sense for public bank shareholders—aka local taxpayers—to be watchful.
Additional Show Notes
Wednesday May 04, 2022
Are Cars Here to Stay?
Wednesday May 04, 2022
Wednesday May 04, 2022
Are cars here to stay? This week on Upzoned, Host Abby Kinney leads a spirited discussion (joined by Strong Towns President Chuck Marohn and Strong Towns Board Member John Reuter) on just such a provocatively titled post written on the Persuasion Substack by Alex Trembath.
For Kinney and her guests, the summary or subtitle, “Real progress on climate change will require innovations that some on the left won’t like” was the poke in the ribs that got the conversation rolling and moods shifted.
Trembath writes that fossil fuel manufacturers and automakers are not responsible for the appetite Americans have for commuting to suburban developments. The author criticizes the urbanist and climate movements for not adequately reckoning with the enduring appeal of suburbs and car commutes.
What's the Strong Towns take on this issue? Find out in this episode of Upzoned!
Additional Show Notes
Wednesday Apr 27, 2022
Process Versus Visible Outcomes
Wednesday Apr 27, 2022
Wednesday Apr 27, 2022
The U.S. Department of Transportation was the administrative tool with which the Interstate Highway Act of 1956 was implemented, a massive public works program of a scope not seen since in the United States. It resembled the scale and transformative impact of the high-speed rail China built in the 21st century.
Now, the USDOT is rolling out a $1.2 trillion Infrastructure Investment and Jobs Act (IIJA) over the next five years. Among its 539 amendments and 127 related bills is the law of the land for transportation funding for the next five years. Contained within are new requirements for equity in the way IIJA locates minority-owned contractors and conducts public hearings in underserved neighborhoods.
In their blog, Pedestrian Observations, Alon Levy takes issue with USDOT’s equity action plan. Levy’s April 15 essay, called “The Solution to Failed Process isn’t More Process,” says the plan “suffers from the same fundamental problem of American governance, especially at the federal level: everything is about process, nothing is about visible outcomes for the people who use public services.”
In this episode of Upzoned, host Abby Kinney points out that local knowledge and participation are critical to successful projects in her experience as an urban designer. But transportation budgets are more telling than rhetoric, Kinney argues.
Her co-host Charles Marohn of Strong Towns says in order to get $8 billion of equity funding, Congress had to pass a $1.2 trillion budget. That’s less than 1% for equity. IIJA funding for projects such as $1 billion dedicated to removing freeways built through poor neighborhoods of color in the 1960s (originally $20 billion) pale in comparison to the hundreds of billions which will be spent to expand the highway system in America in the next decade.
Since the Interstate Highway Act, massive DOT budgets and the highway projects they support have served to marginalize and pollute urban neighborhoods where poverty is concentrated. “Maybe we should just abolish the U.S. Department of Transportation?” Marohn asks.
Additional Show Notes
Wednesday Apr 20, 2022
Can We Build Strong Towns from Scratch in the 21st Century?
Wednesday Apr 20, 2022
Wednesday Apr 20, 2022
With the housing market still hot as a red poker despite an uptick in interest rates, Nolan Gray, in a recent article from Bloomberg’s CityLab, explores the idea of building brand-new cities (in the mode of 21st-century China or the Brasilia of the latter 20th century) to address the housing crisis. Alain Bertaud, a fellow at the Marron Institute for Urban Management and a former city planner at the World Bank, engages with Gray in this published interview to explain whether or not this is a realistic solution.
Host Abby Kinney and her co-host Charles Marohn of Strong Towns chew it over in this episode of Upzoned.
“Historically, infrastructure follows the market, not the other way around,” Kinney notes. “Huge public investments in infrastructure where there are no jobs are not really a very smart investment because the upfront costs of building an entire city's worth of infrastructure are so incredibly high. The public sector would have to be in a negative cash flow for a very long time.”
Marohn talks about places where this has actually been done, with the government fronting the money for infrastructure and subsidizing individuals through mortgages and commercial real estate loans. “They fail in every financial metric that is longer than the immediate sugar high you get out of the transaction,” he says.
There are interesting examples, as both hosts discuss, but it’s hard to beat an organically grown, incrementally developed city, where historic trial and error has made places that work. Where do you fall on this question?
Additional Show Notes
Wednesday Apr 13, 2022
Who Should Be Able to Veto New Housing Production?
Wednesday Apr 13, 2022
Wednesday Apr 13, 2022
Should states and counties push back against local governments to crack open more options for housing? Will that be counterproductive? How much do multiyear litigation strategies by “Neighborhood Defenders” affect new housing production in tight markets?
A recent post in the DCist blog written by Ally Schweitzer got a lot of traffic from the housing, transportation and urbanist communities, who debated this nuanced question. A zoning battle ten years ago in the affluent Maryland suburb of Silver Spring was so contentious it’s still hot as a coal today and provides the infrastructure for this debate.
“Fights like this play out every day in cities and suburbs across the country, “ Schweitzer wrote. “But in the D.C. region, where local governments are struggling to address a severe housing shortage that is driving up prices, elected officials are under growing pressure to push back against civically engaged homeowners who mobilize against new housing construction. Montgomery County, an affluent D.C. suburb that has experienced transformative growth and demographic change in the last 30 years, exemplifies how hard that can be.”
Jenny Schuetz, a senior fellow at the Brookings Institution who examines the national housing shortage in her book Fixer-Upper: How to Repair America’s Broken Housing Systems, told Schweitzer: “We have this system where local governments are the gatekeepers for new housing production…local governments, in turn, have outsourced a lot of their authority to existing residents, so existing homeowners in particular have essentially veto power over proposals to build new housing.”
Upzoned host Abby Kinney and her guest, Strong Towns Content Manager Jay Stange, discuss how to respect local neighborhood’s choices about where and how new housing options should be considered in tight markets. Top down solutions rarely work, but change has to be greater than zero or communities will stagnate.
Wednesday Mar 16, 2022
Our Fragile System Runs on Cheap Oil
Wednesday Mar 16, 2022
Wednesday Mar 16, 2022
The cost of gas has been rising rapidly for the past couple of months, and a recent VICE article reminds us that this is something that has happened before. The author, Aaron Gordon, posits that this happens once every decade or so, and Americans panic over it, but never commit to any kind of change that would impact the fundamental dynamics that make this such a problem, to begin with.
Today on Upzoned, host Abby Kinney and regular co-host Chuck Marohn “upzone” this story, discussing how these crises and our responses to them highlight the fragility of our transportation system and built environment. And why it needs to change.
Additional Show Notes
Wednesday Mar 09, 2022
Can a Houstonian Approach to Homelessness Work in L.A.?
Wednesday Mar 09, 2022
Wednesday Mar 09, 2022
As many people know, homelessness has grown at an alarming rate in recent years and pursuing solutions is becoming a major challenge for cities across the country. There doesn’t seem to be a one-size-fits-all approach and much of the work is left to local municipalities or nonprofit organizations—even activist groups and charitable organizations. This means that approaches vary from city to city, and so does the rate of success and actual outcomes.
Much has been published on the issue over the last couple of weeks specifically looking at Los Angeles and how, according to an audit, the city spends as much as $837,000 per unit for housing homeless people—an approach that has raised a lot of criticism. Moreover, homelessness has actually decreased in other parts of the L.A. metropolitan area, such as in Pasadena and Glendale.
That’s making people wonder what part of L.A.’s approach isn’t working, and a recent article from the L.A. Times has suggested that maybe the city should be taking its cues from another massive Sunbelt city: Houston, Texas. Today on Upzoned, host Abby Kinney and special guest Rachel Quednau “upzone” this proposal, analyzing it through the Strong Towns lens.
Additional Show Notes
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Check out The Bottom-Up Revolution podcast, hosted by Rachel, which features stories of the Strong Towns movement in action!
Wednesday Feb 23, 2022
Blaming Drivers for the Mistakes of Traffic Engineers
Wednesday Feb 23, 2022
Wednesday Feb 23, 2022
Since the COVID-19 pandemic began, pedestrian fatalities have grown to record levels. In 2020, they were up roughly 5% from the previous year, and pedestrian deaths per vehicle miles traveled was up 21% in that same year. Preliminary data from 2021 suggests that this trend is only continuing.
Originally, experts believed that the opposite would happen: they asserted that pedestrian deaths were going to decrease due to reduced driving during lockdown and stay-at-home orders, and increased numbers of people working from home. Instead the emptier roads are permitting people to drive faster, so the official narrative has pivoted to blame accidents on increased anxiety levels, increased alcohol consumption, and the general fraying of social norms.
This narrative was repeated recently in The New York Times, in a piece titled “Pedestrian Deaths Spike in U.S. as Reckless Driving Surges.” So, today on Upzoned, host Abby Kinney and cohost Chuck Marohn take this piece and “upzone” it, analyzing it through the Strong Towns lens. Here’s a hint: The problem has a lot less to do with driver error and a lot more to do with bad street design.