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The U.S. is Running Short of Land for Housing

Improbably, America is running out of land. Developable land, that is.

“Land-use restrictions and a lack of public investment in roads, rail and other infrastructure have made it harder than ever for developers to find sites near big population centers to build homes,” writes Konrad Putzier in The Wall Street Journal. “As people keep moving to cities such as Austin, Phoenix and Tampa, they are pushing up the price of dirt and making the housing shortages in these fast-growing areas even worse.”

Vacant land prices in the Sun Belt have more than doubled in the last two years, even as Austin and Phoenix are becoming markedly hotter and Tampa lies squarely in the path of #HurricaneIan — potentially the worst storm to strike the city in a century.

Torn between the need for land in fast-growing regions and valuations that don’t take climate change into account, developers risk paying a premium today for discounted locations tomorrow. Fortunately, Climate Alpha combines climate, demographic, and economic data for a 360-degree view of the most desirable locations in 2040 and every year in between. Visit Climate Alpha’s Products Page to learn more before it’s gone.

#resilientcommunities #extremeheat #megadrought #climateadaptation #zoomtowns #climatemigration

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The “Zoom Revolution” enriched Jackson Hole. But What About Buffalo?

The Washington Post’s opinion article on Zoom towns contrasts the diverging fortunes of Jackson Hole, WY and Buffalo, NY in an era of “Zoomtowns” and remote work. While the former has seen an influx of workers trading urban life for majestic terrain (and soaring home prices), the aspiring “climate haven” on Lake Erie awaits its Renaissance.

But that could change, McArdle argues: “The Mountain West and the Sun Belt could probably do with less competition for scarce water, and the prosperous coastal cities would be better off with fewer people to house since they refuse to allow enough building to let supply meet demand.”

Any number of small cities have been touted as Zoomtowns. But which will offer the essential combination of affordability, job creation, and climate resilience? Don’t just speculate. We can tell you. Visit our Website at www.climatealpha.ai to learn more.

#zoomtowns #remotework #climatemigration #climateadaptation #realestate

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