As part of the proposed budget, President Obama is again saying that now is the time to invest in U.S. infrastructure, calling for $478 billion in additional spending. But the development of alternative financing has recently gained some momentum.
A study of 24 California cities with an array of street design characteristics found that living in cities with high intersection density—a measure of compactness—significantly reduces the risk of obesity, diabetes, high blood pressure, and heart disease.
The latest forecast from the Urban Land Institute and EY shows that expectations across the real estate capital markets are moderating after several years of strong growth. A survey of 43 economists and analysts from 32 leading real estate organizations shows that real estate capital markets are expected to continue strengthening, though at a slower pace compared with that witnessed in recent years.
Researchers found that residents of coastal Virginia appear to be some of the happiest people in the country, with Richmond-Petersburg, Norfolk-Virginia Beach-Newport News, and Washington, D.C., ranking as the top three happiest large cities (metropolitan areas of at least 1 million residents). Charlottesville, Virginia, ranks as the overall happiest metropolitan area.
According to a recent National Bureau of Economic Research paper, the U.S. Environmental Protection Agency’s Brownfields Program has largely paid for itself by boosting property values since it was launched in 1995.
