You are here'Lost Generation' of Homeowners May Just Be on Hold

'Lost Generation' of Homeowners May Just Be on Hold

By:

Meghan Walsh

Date:

Monday, July 16, 2012

In:

Bloomberg Business Week

“You have to look at it as a life cycle,” says Joel Kotkin, an acclaimed author on economic, real estate, and social trends. “The Millennials are going to grow older and want to settle down. The key thing is, will the economy be so crappy that the Millennials will never be able to afford a house?”

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'Lost Generation' of Homeowners May Be Just on Hold

News Clips

Kansas City promotes itself as good home for tech entrepreneurs and start-up companies

“My gut feel is that the opportunities are going to be in technology connected to something real,” said Joel Kotkin, a California-based expert on economic trends.

“Most social media firms will go out of business, get merged or become oligarchies.… It would seem to me, if you had something embedded in your basic strengths it would be a lot more persuasive.

Joel Talks with California Public Radio About the Tech Economy's New Oligarchs

Joel recently appeared on KPCC's Take Two show to talk about the impact of the concentration of political power and influence in the tech industry and the impact of these companies on the economy and middle class workers.

Visit the KPCC website to listen to the 7 minute segment.

CA vs. The Suburbs: Planners, Smart Growth, and the Manhattan Delusion

Joel was recently featured in this short video piece about central planning in Los Angeles and its impact on local neighborhoods. Watch the video below.

Historic honor: Prominent writer touts Houston as the next wave of great American Cities

Have a problem with Houston's notorious suburban sprawl? Better get used to it — this is type of urban development is the future.

So says demographer Joel Kotkin in a recent piece on The Daily Beast, in which he explains that "low-density, car-dominated, heavily suburbanized areas with small central cores likely represent the next wave of great American cities" — pointing to Houston as a prime example.

'Coolest' is no model

A piece this week by Joel Kotkin, long a critic of the "hip city" phenomenon and a defender of suburbs and blue collar jobs, on the "Daily Beast" web site assembles some of the evidence, anecdotal and factual.

"Investments in 'cool' districts may well appeal to some young professionals, particularly before they get married and have children," he writes. "But overall ... it has done little overall for the urban middle class, much less the working class or the poor."

Interview on Smartplanet.com

"Greenurbia is the suburbs of the future. The suburbs of the 1950s were bedroom communities for people who commuted into the city. Today, there’s much more employment in the suburbs, and the big change is the number of people working full-time or part-time at home. Having people commute from one computer screen to another doesn’t make sense."

Read the full interview...

Praise for The Next Hundred Million

Kotkin has a striking ability to envision how global forces will shape daily family life, and his conclusions can be thought-provoking as well as counterintuitive. It's amazing there isn't more public discussion about the enormous changes ahead, and reassuring to have this talented thinker on the case. — Jennifer Ludden, NPR national desk correspondent

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'Lost Generation' of Homeowners May Just Be on Hold

Now Available in Paperback: The Next Hundred Million

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News Clips

Kansas City promotes itself as good home for tech entrepreneurs and start-up companies

Joel Talks with California Public Radio About the Tech Economy's New Oligarchs

CA vs. The Suburbs: Planners, Smart Growth, and the Manhattan Delusion

Historic honor: Prominent writer touts Houston as the next wave of great American Cities

'Coolest' is no model

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Also by Joel Kotkin: The City: A Global History

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The Next Hundred Million

Interview on Smartplanet.com

Praise for The Next Hundred Million

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