Cities

2020 Saw Unprecedented Murder Spike In Major U.S. Cities

In late December the Associated Press reported that 2020 was on track to become the deadliest year in U.S. history with the total number of deaths forecast to rise 15 percent compared to 2019, primarily due to the coronavirus pandemic. There were also several other smaller contributory factors, however, including higher death tolls from heart & circulatory…

More American Cities Stop Recycling Programs Because They Can’t Afford Them

By B.N. Frank It’s not only toxic E-Waste being dumped in landfills instead of being recycled.  Plastics and other hazardous materials often end up there as well.  Unfortunately, this is a problem that’s only going to get worse since more American cities are cancelling their recycling programs due to cost. From The Denver Channel: AKRON,…

Mapping The World's Most-Surveilled Cities (London Leads The West)

Since the world’s first CCTV camera was installed in Germany in 1942, the number of surveillance cameras around the world has grown immensely. In fact, as Visual Capitalist’s Avery Koop notes, it only took us 79 years to go from one camera to nearly one billion of these devices. In the above interactive graphic, Surfshark…

Home Prices Soar At 3 Times The Fed's Inflation Target Across All US Cities

The Fed’s most frequent lament is that no matter how many trillions in bonds (and stocks and ETFs) it buys or how much liquidity it forehoses into the market, it just can’t push broader inflation higher. Well, here’s an idea: maybe all the central-planning megabrains at the Marriner Eccles building and 33 Liberty Street can…

People Were Pouring Out Of US Cities Like LA And New York Even Before COVID Started

The pandemic hasn’t just brought with it economic turmoil; it has also highlighted a trend of people fleeing U.S. cities in favor of the suburbs. The exodus has been helped along by liberal politicians embracing a “defund the police” message in the cities where policing is needed the most – like Chicago, which we have documented…

New Study Reveals The Most Heavily Surveilled Cities on Earth

2021 is a big moment for CCTV: the world’s one-billionth surveillance camera is likely to be installed by the end of the year. A single CCTV camera per every eight humans on Earth. But of course, it doesn’t quite work like that. Each camera doesn’t follow a set group of people around, creating a neatly…

This Is How Much Space $300,000 Buys In Cities Around The World

By Tyler Durden The bull market in hot urban retail and commercial real estate markets lasted for pretty much the entire post-crisis recovery period. But COVID has turned things around; and as people flee to the suburbs, it’s worth taking a look at how valuations have declined. While urban real estate markets have taken a…

“Down From London” Crowd Flee Cities, Send British Country Estate Sales Soaring

By Tyler Durden Following trends in New York City, San Francisco, Los Angeles, and Chicago, wealthy so-called ‘Down-from-London’ers have reassessed their living situation in urban areas and moved to the countryside due to the virus pandemic. Bloomberg reports Londoners who generally have a large house in the London metro area and a cottage in the…

Clashes With Police, Cities Empty Out As Greece Plunged Into 2nd Lockdown

By Tyler Durden Within the past weeks a number of countries across the globe, including France, Israel, and most recently the United Kingdom have been plunged into a second lockdown as coronavirus cases rise just ahead of the winter months. Greece is the latest to announce a nationwide strict lockdown which took effect Saturday. Police…

Companies Join Exodus To Suburbs As Cities Transform Into “Ghost Towns”

By Tyler Durden People and companies are leaving American cities in droves. An urban exodus could persist for a couple of years as the virus pandemic and resulting socio-economic implosion has exacerbated quality of life problems – violent crime, homelessness, rising taxes, and high cost of living – those were some of the reasons, even before the…

These Are The Cities Where People Spend The Highest (Or Lowest) Share Of Their Income On Rent

Even as apartment rents in Manhattan and San Francisco plunge for the first time in more than 10 years, millions of American millennials, burdened by debt, blinded by poor financial literacy and preoccupied with booking that first post-pandemic vacation still can’t ever imagine owning a home. As for what the future holds, many would greet…

Companies Join Exodus To Suburbs As Cities Transform Into “Ghost Towns” 

People and companies are leaving American cities in droves. An urban exodus could persist for a couple of years as the virus pandemic and resulting socio-economic implosion has exacerbated quality of life problems – violent crime, homelessness, rising taxes, and high cost of living – those were some of the reasons, even before the pandemic, forcing city…

Private Jet Traffic Soars As Elites Panic Exit Cities Amid Virus, Elections 

With US new coronavirus cases steadily rising  since mid-September, ushering in what some call the second wave of the virus pandemic, private jet traffic has soared as wealthy folks are leaving metro areas for rural communities, according to CNBC.  Data from Tivoli, an online payments platform for jets, collected by Private Jet Card Comparisons, showed private…

Watch: National Guard Troops Arrive In Multiple US Cities Ahead Of Election Night Chaos 

In preparation for any emergencies, including widespread social unrest following election results on Tuesday night, the National Guard has been deployed in several states. Fears of election night chaos have gripped state governments for the last month, forcing Gov. Charlie Baker of Massachusetts on Monday to “activate” 1,000 Massachusetts National Guard members.  And in Oregon, Gov. Kate…