Clik here to view.
The Future Role of REITs in Real Estate Finance
Introduction Major and somewhat conflicting changes in the roles of real estate investment trusts (REITs) in commercial real estate finance have occurred in the past few years. Before 1990, REITs...
View ArticleClik here to view.
Housing Policies in the New Millennium
My daunting assignment is to present an overview of what our housing policies ought to be for the New Millennium. I cannot cover all policies, but only those I feel are most crucial. I will begin with...
View ArticleClik here to view.
Dealing Effectively With Fast Growth
Resentment against rapid population growth, aggravated by nine years of prosperity, has attained such a groundswell of support that citizens in two fast-growing states—Arizona and Colorado—are being...
View ArticleClik here to view.
Traffic Congestion: Might as Well Enjoy It
Traffic congestion provokes spirited discussions at Washington area dinner parties. According to 1997 data, the average Washington area driver lost 76 hours in traffic jams that year. Resentment...
View ArticleClik here to view.
The Future of U.S. Ground Transportation from 2000 to 2020
I have been asked to take a brief look at the future of ground transportation in the United States. Given the rapid speed of social change in our world, I will focus upon the period up to about 2020,...
View ArticleClik here to view.
Can Transit Tame Sprawl?
Housing and transportation costs are inversely related. In outlying settlements, households with more than one worker usually need two or more vehicles to get everyone to their jobs. That increases...
View ArticleClik here to view.
When Will Real Estate Recover?
When I wrote this column in January, the U.S. economy still was in a recession, but many observers were predicting a rapid recovery, perhaps beginning in the second quarter of this year. This optimism...
View ArticleClik here to view.
How Real Are Transit Gains?
A new day has dawned in American travel: Transit is gaining sway over highway travel.That's what some public transit advocates have been claiming, based on a Surface Transportation Policy Project...
View ArticleClik here to view.
Peak-Hour Traffic Congestion
My name is Anthony Downs, and I am a Senior Fellow at the Brookings Institution. I am the author of the 1992 book Stuck In Traffic, which deals with the causes of and possible remedies for peak-hour...
View ArticleClik here to view.
Some Like It HOT: High-occupancy toll lanes work best on high-traffic roads.
Economists advocate using tolls to ration space on congested roads. Their theory goes like this: Since drivers during peak hours do not have to bear the costs of the delay their presence on highways...
View ArticleClik here to view.
Growth Management, Smart Growth, And Affordable Housing
My tasks are to create an overall perspective on the relationships between smart growth, growth management, and affordable housing, and to advocate more emphasis upon affordable housing in future...
View ArticleClik here to view.
Traffic: Why It's Getting Worse, What Government Can Do
Rising traffic congestion is an inescapable condition in large and growing metropolitan areas across the world, from Los Angeles to Tokyo, from Cairo to Sao Paolo. Peak-hour traffic congestion is an...
View ArticleClik here to view.
The Need for Regional Anti-Congestion Policies
Traffic congestion is essentially a regional phenomenon requiring regional approaches to mitigate its impacts. This brief examines the governance options necessary to act regionally and the conditions...
View ArticleClik here to view.
Still Stuck in Traffic : Coping with Peak-Hour Traffic Congestion
Brookings Institution Press 2004 455pp. A completely revised and expanded edition of the landmark book, Stuck in Traffic. Congested roads waste commuters' time, cost them money, and degrade the...
View ArticleClik here to view.
Growth Management and Affordable Housing : Do They Conflict?
Brookings Institution Press 2004 290pp. Advocates of growth management and smart growth often propose policies that raise housing prices, thereby making housing less affordable to many households...
View ArticleClik here to view.
Traffic Is Here to Stay
"'Summertime, and the drivin' is easy" ought to be the theme song for drivers in our nation's capital region. Traffic is lighter here in the summer for three reasons: School buses are off the roads,...
View ArticleClik here to view.
Can Traffic Congestion Be Cured?
The Bush Administration recently launched a new "National Strategy to Reduce Congestion on America's Transportation Network." This new policy deals with both air and ground travel, but focuses mainly...
View ArticleClik here to view.
Credit Crisis: The Sky is not Falling
U.S. stock markets are gyrating on news of an apparent credit crunch generated by defaults among subprime home mortgage loans. Such frenzy has spurred Wall Street to cry capital crisis. However, there...
View ArticleClik here to view.
Revisiting Rental Housing : Policies, Programs, and Priorities
Brookings Institution Press and Joint Center For Housing Studies At Harvard University 2008 370pp. Rental housing is increasingly recognized as a vital housing option in the United States. Yet...
View ArticleClik here to view.
What's Wrong With American Housing?
In 2004 and 2005, American homebuilders created over two million new housing units per year, including mobile homes. Then housing construction plummeted to under 600,000 new units per year, a record...
View Article
