New from The Atlantic: TheAtlanticCities.com. Because place matters.

The Future of the City

A Tale of Two Townhouses

Comparing housing prices in Los Angeles and Dallas, the author finds that Angelenos pay a premium for the right to build on their land -- that is to say, on "bureaucratic delays, density restrictions, fees, political contributions." The result: houses that cost roughly $300,000 more than their equivalent in Texas. 

"The unintended consequence of these land-use policies is that Americans are sorting themselves geographically by income and lifestyle--not across neighborhoods, as they used to, but across regions," Ms. Postrel writes. "People are more likely to live surrounded by others like themselves, creating a more-polarized cultural map." In this way, real estate may be as important as religion in explaining the infamous gap between red and blue states.

Continue to story >>

Elsewhere on the web

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus
The Florida Report - An 8-part video series with Richard Florida The Burden of Home Ownership

The Burden of Home Ownership

Part 8: Richard Florida argues that Americans need to get over their obsession with real estate More in the series »

The Path to Recovery

The Path to Recovery

The rise of megaregions, the decline of home ownership, the shift away from a car culture - these are among the nation's responses to today's economic turmoil. Adapted from Richard Florida's new book, The Great Reset. More »

High Speed Rail All Aboard!

The future of train travel, with The Atlantic's Derek Thompson