Asset income across American counties, from Teton County to South Dakota

A new report finds gaps in asset income across locations in the United States:

Photo by Andrew Jensen on Pexels.com

Wyoming’s Teton County, home to Jackson Hole, has the nation’s highest per-capita income from assets, according to a study by the Economic Innovation Group. The analysis found a sharp increase in geographic concentration of asset ownership over the past decades…

It’s soared in places like New York City and the San Francisco Bay Area. Meanwhile, across Appalachia, the Deep South and much of the Midwest, it stagnated, representing a negligible source of income…

Nationwide, the county with the lowest asset income per capita is in South Dakota, home to the Pine Ridge Indian Reservation. At $2,800 per person, it’s one-third of the national average. Among the largest U.S. counties, the ones with the five lowest incomes from assets per capita are all mostly Hispanic or Black.

Only a minority of Americans holds assets beyond homes, cars and retirement savings. About 15% of households own stocks and 13% hold business equity or other residential property, according to Fed data.

First, the emphasis here on asset income is helpful compared to the more common analysis of incomes. While income may be related to assets, assets gets more at wealth or how income is converted into more long-lasting economic resources.

Second, that assets are concentrated in particular locations is not surprising but with the relatively limited number of Americans who have certain assets, this concentration is even more notable. The truly wealthy Americans have assets and utilize them in certain places, like New York City, San Francisco/Silicon Valley, and Jackson Hole, Wyoming.

With this said, how much does increasing incomes reduce the gap in wealth and assets? Or, how might efforts at local and national levels affect this gap both locally and nationally? The most exclusive locations are going to be difficult for many Americans to afford at any point, regardless of their income. While much sociological research has studied the concentration of poverty, wealth also concentrates with positive feedback loops for those who can participate.

If mathematicians addressed traffic problems

How would mathematicians solve traffic? Here are the suggestions from a 2020 book:

Photo by Life Of Pix on Pexels.com

All drivers need to be on the same navigation system. Cars can only be efficiently rerouted if instructions come from one center hub. One navigation system rerouting some drivers does not solve traffic jams.

Parking bans. Many urban roads are too narrow and cannot be physically widened. Traffic-flow models can indicate where parking spots should be turned into lanes.

Green lanes. For cities that want to increase electric car use, special lanes should be created for electric cars, providing an incentive for their use.

Digital twins. Traffic demands and available infrastructure can only be balanced with digital modeling that creates an entire “twin” of existing roadways. The software will be “an extremely useful thought tool in the hands of transport engineers.”

I have not read the book and this description is not long but it seems to depend on both understanding current and possible traffic flows through modeling. Often, Americans typically get more lanes added to roads – which then tend to fill up because there is more capacity and/or populations continue to grow.

I wonder how modeling would fit with other values underlying road and traffic decisions. A few examples:

  1. It might be better to have a centralized traffic and navigation hub. Is this technically feasible, would all car makers want to participate, and would there be privacy concerns?
  2. The politics of providing special lanes, whether for electric cars or high occupancy vehicles or bicycles, can get interesting. Americans often think the roadway should be for all users as opposed to particular users.
  3. The road system we have is the result of not just prioritizing efficiency but a whole host of actors and forces that includes privileging single-family homes (and generally keeping them away from busy roads) and highways in and out of major cities.

Is the world worse off now or do we just know more about what happens every day?

The bad news seems to keep rolling in. A pandemic. The earthquake in Haiti. Afghanistan. Tropical storms. Tyranny. And so on. This raises a question I have asked myself many times in recent years: is the world actually worse off or do we just know more about global affairs and smaller events?

Photo by Ono Kosuki on Pexels.com

Here are just some of the ways this question could be answered:

-In some macro trends, this is a great time to be alive. I’m thinking of Steven Pinker’s The Better Angels of Our Nature or Hans Rosling’s Factfulness where they argue that by multiple measures, whether the percent of deaths by warfare or indicators of public health, we are better off.

-The scale of both mass media and social media means we can know more about the world and daily occurrences than ever before. With relatively little effort, we can see the bad in the world on a small and grand scale every minute (and find commentary on it). We are flooded with information.

-The world has changed so rapidly in the last few centuries that we collectively are still trying to catch up to the new challenges and/or the new ways that challenges manifest themselves. For example, pandemics are not new in human history but the way people respond to them in the particular conditions of 2020 and 2021 is.

-We now see the world differently or expect different things compared to people of the past. The social changes of recent centuries mean more individualism and agency, the rise of the self and the diminishing of some traditional forms of authority, and expectations about standards of living.

-Certain groups might lean in to the distressing news. For example, American evangelicals for decades have played up the connection between the apocalypse and current events. Or, political actors might use negative news to criticize others or promote particular policies.

-Humans can feel losses more than equal wins. It is hard to know whether we take in more positive or negative news overall but we might feel the negative news more.

-There really is more bad than good happening in the world.

Slow housing construction in Chicago area, matching slow population growth

The release of data showing a small population increase in Chicago and the region also included data on housing construction in the Chicago region:

Photo by Pixabay on Pexels.com

The number of homes in the Chicago metro area grew by 3.9% between 2010 and 2020, census data made public Thursday shows. That was a slower growth rate than the nation overall, where the number of homes grew by 6.7%.

The slow housing growth was not surprising, as the region recovered from the 2008 housing and financial crisis…

Among Cook and the collar counties, only Kendall County added homes at a higher rate than the nation: 11.6%. It added more homes than any county in the state, likely reflecting the county’s explosive growth in population over the past decade…

The Chicago area’s population growth could be good news for the housing market, inspiring investors and developers to take a deeper interest in the city, Smith said.

Presumably, builders and developers are going to be a bit hesitant to build a lot of units when the population is not growing as quickly. If new demand is limited, why build too many units and risk having lower selling prices? Add this corollary to the growth is good idea in American communities: higher rates of housing construction is a sign of a bright future and a higher status.

I do wonder what percent of homes or residential units need to be replaced each decade. Populations in metropolitan regions expand out – as noted above in Kendall County with double-digit growth – and occupy existing homes and units that may or may not meet their needs. Teardowns are one option, usually limited to wealthier communities where a new home in place of an older one can get a hefty price, but so are denser housing developments, in-fill development, or a change of use for properties (think vacant shopping malls or office parks converted to housing).

Additionally, does this small increase in homes also help address the need for affordable housing? At what price points are these new homes going for? I would guess that at least a sizable percentage of the new homes are out of reach of many in the region.

Paint a mural over windows to obscure sizable suburban development going up next door

A restaurant in downtown Glen Ellyn found itself next to a large new building that obscured the view from some its windows. The solution? Paint a mural:

The Apex 400 development, a new apartment building, is rising next door to the Santa Fe Mexican Restaurant along Main Street. A parking garage that’s still under construction stands almost right up against the exterior wall of the popular dining spot, blocking its southern-facing windows.

Stuck staring out at concrete, the family owners of the restaurant — serving Glen Ellyn for nearly 40 years — sought to give their customers new views…

The mural project became a collaboration between Cudworth and the second-generation owners of Santa Fe, siblings Reyna and Olga Jiménez. Their parents, Irineo and Teresa Jimenez, opened the restaurant and raised six children…

He first expanded an existing hacienda mural in the back of the restaurant to 22 feet wide. In the front, he stretched canvas over the two boarded-up, framed windows and painted from photographs that he was given and researched of San Miguel, Mexico.

This is the fear some property owners have when a nearby property is redeveloped: the new structure will significantly alter access to sun, light, and/or loom over their existing property. Where once diners could look out the window, now sits a large wall. This may be the price to be paid for denser suburban downtowns where there is interest in denser, mixed-use properties near restaurants, cultural opportunities, and train lines to provide more “surban” spaces.

This solution of painting a mural is a clever one given the options. While this is not public art since it is inside a property, it has similar functions: to complement what the business provides, to enhance the aesthetics of the space, and involve other members of the community/area. It can be difficult to move on from the loss of natural light yet this art may obscure for future diners that windows were once here.

Getting more suburban churches to develop affordable housing

As churches in cities develop affordable housing, how about more suburban churches doing the same? First, what some Atlanta churches are doing:

Photo by Pixabay on Pexels.com

The project is one of several in Atlanta where faith leaders are investing in affordable housing for the sake of their communities. Across the country, churches with property in prime locations are turning over one block, one building, one lot at a time through movements like “Yes in God’s Backyard” in California. Atlanta-area pastor Rev. David Lewicki discusses the calling of affordable housing as a ministry.

“We are increasingly convinced that affordable housing is the foundation of beloved community,” the Presbyterian minister wrote at Faith & Leadership. “Housing is a profound and even holy good.”…

Lewicki’s church got involved in lobbying for more inclusionary zoning policies to allow for lower-priced options in their area and began to create a land trust so they could get involved in addressing the legacy of racial and economic segregation in the city…

Affordable housing and community development can seem like just business ventures—which they are—but pastors know how much these issues directly affect their congregants and stem from biblical calls for community.

Here are a few compelling reasons why suburban churches should follow this course:

  1. Affordable housing is needed throughout metropolitan regions. For example, in the Chicago region, experts suggests there is a need for tens of thousands of units. And the need is not limited to Chicago or just specific communities; it is needed in many locations.
  2. Welcoming people goes beyond Sunday morning and indicating to people that they are wanted in the community all week round. It is one thing to be part of a church community; it is another to be fully welcomed into all of the community.
  3. Housing is critical in a suburban environment as it helps in access to jobs, schools, parks, and other amenities that lead to a higher quality of life. Plus, homeownership is highly valued in suburbs so if there are opportunities for congregations to provide affordable single-family homes, this helps attendees match suburban aspirations with reality.
  4. Suburban churches have funds and local power to make this happen. It takes money to buy, develop, and maintain properties. It takes expertise and influence to work with municipalities and concerned neighbors. Congregations are often viewed as assets in communities and they often have built up goodwill over the years.

While this may not be an easy task in many suburban locations as neighbors and communities resist providing housing for residents with fewer resources, religious congregations could help lead the way.

Chicago’s population grew in the 2010s!

Census 2020 data shows Chicago’s population increased in the last decade:

Photo by Chait Goli on Pexels.com

The decennial population count put Chicago’s total at 2,746,388 residents — a 1.9% increase over the 2010 census. The six-county region grew to 8,445,866 people — a 1.6% increase over a decade ago.

But perhaps the most stark statistic was Chicago’s plummeting Black population, which decreased by 84,738, a drop of nearly 10%. The number of Black Chicagoans now stands at 787,551 down from more than 1 million 20 years ago…

Chicago’s overall population gain is in striking contrast to the previous decade, when the city lost 200,000 residents, a 6.9% decrease. Just as eye-catching are the stagnant suburban numbers, as population growth in suburban Cook and the five collar counties stalled to what is easily the slowest rate since 1950, the data showed…

“Today’s census info shows Chicago’s resilience in the face of unprecedented challenges: privacy concerns, the Trump Admin’s fear-inducing policies targeting immigrants and a global pandemic,” Mayor Lori Lightfoot said in a statement. “We’re digging into the data, but today we celebrate the growth of our incredible city.”

As Mayor Lightfoot notes, growth is good. Population growth implies thriving, more business, an attractive location. Chicago has faced a declining population since the start of the postwar era. From the second most populous city to third and now with Houston growing quickly…but for now Chicago’s status has improved.

The rest of the article includes interesting hints of other related population changes including a lower percentage increase in the Chicago suburbs, a shrinking Black population in Chicago, and a declining population in Illinois. There will be more to find out, discuss, and formulate plans in response to with more specific data.

Cities as “a bulwark against disaster”

A review of a new book of essays about cities includes this discussion of how cities can hold up against disasters:

Photo by Nextvoyage on Pexels.com

Mattern’s deft dissection of metaphors for cities shows that when they’re misguided, they point to a failure not only of imagination but of a city’s ability to carry out its chief function—as a bulwark against disaster. Humans build cities as fortresses against failure: economic collapse, natural catastrophe, human venality and cowardice. The city walls keep those things out, when they work. If houses are, as the architect Mies van de Rohe said, “machines for living,” then cities are places where those machines get daisy-chained into a society. Cities are machines for cooperation, and survival.

Last summer, the disasters of climate change and disease pointed at the ways those machines could fail. The past year has made it clearer than ever that economic and racial inequities around the world, and especially in the United States, have imminent, deadly consequences. The warning lights are all flashing red: A conversation about cities can no longer be about the invisible data of surveillance cameras and stock trades. It has to be about the visible, more human-scaled construction of something better. The built environment can’t be an accident anymore, because that leads to catastrophe. We don’t live in a metaphor. “The built environment is the product of so many agencies and institutions, often working in the background,” Mattern says. “It’s hard to localize responsibility for that.” As she writes, cities aren’t mere computers. but I might still deploy a facile idea from that metaphor: Justice and survival now depend on cities getting a serious upgrade to their firmware.

Cities are often celebrated for what they bring or expand. Think of the wealth generated, the culture produced, the diversity experienced, the large population nurtured. Cities can be places of opportunities and change.

The quoted section above presents the flip side of this. The bringing together of people, activity, and resources helps ensure that difficult times do not wipe out human activity. People can work together to make things happen, even in the face of problems. In a more spread out landscape or with lower densities, humans might not be able to overcome these issues.

It is good to keep both of these features of cities – what they enable and what they limit – in mind. In the United States, conversation can often turn to the unique issues that cities face. Indeed, there might be societal and environmental issues that arise because of cities and then it remains to be seen how cities can address them. However, focusing on urban crises of the time can prevent us from seeing cities in a broader perspective.

Is Visa a network more than a credit card?

Visa has a new campaign where they say they are a network. Here is what it looks like on their front page yesterday:

What is a social network? Here is how one sociology source talks about social network analysis:

Social network analysis is a way of conceptualizing, describing, and modeling society as sets of people or groups linked to one another by specific relationships, whether these relationships are as tangible as exchange networks or as intangible as perceptions of each other.

Visa argues that they connect people. Because people can use Visa at a wide range of stores, restaurants, and other settings, this brings people together. Imagine all of these organizations as different nodes in a network and Visa provides the connecting link. Without Visa, they would not connect.

Yet, is the social network sustained by Visa or used by Visa? Now that the network exists, Visa claims they are the network but similar things could be said for Mastercard or paper money. Without Visa, would many of these actors still connect, perhaps through other economic means?

It would be interesting to know whether and/or this economic network facilitates other kinds of network interactions. Does Visa use lead to new social networks? Is this not just about economic exchange but also exchange of information, experiences, and culture? This gets at larger processes, like globalization, that depend on familiar economic means across places.

Solving the shipping logistics of tiny houses

This particular tiny house might be notable because Elon Musk was an early recipient but it has another claim to fame: better ways to ship the tiny house.

Photo by Pixabay on Pexels.com

Well, he reportedly lives in the Casita, a $49,500 375-square-foot unit created by Las Vegas-based Boxabl…

According to Tiramani, other prefab home makers struggle with one glaring issue: shipping logistics.

But unlike other prefab homes, the Casitas can be folded down from 20 feet to about 8.5 feet while it’s being transported on a truck or towed by a pickup truck…

So when the Casita arrives at its final destination, the home just needs to be unfolded (which takes a few hours) and then attached to its foundation and utilities, before it’s totally move-in ready.

This sounds like an Ikea like solution to furniture: get the house down to a smaller package so that it can be easily transported. Then, at the location, you assemble the product. All of this cuts down on costs. Do not underestimate the importance of shipping and logistics; for example, companies like Sears, Walmart, and Amazon mastered shipping and logistics in ways that helped them sell a lot of goods.

More broadly, the mass production, easier shipping, and modular capabilities of such homes offers lots of opportunities. Mass produced housing as we know it – think Levittowns and large builders constructing subdivisions of suburban homes over months – has endured much criticism. At the same time, this mass produced tiny house comes in a more reasonable price point, could be available to more people, and could be customized. There is still an issue of having people to put these homes together and having land; this might tie this mass production to tiny house subdivisions or clusters.