World’s two fastest growing economies China and India will continue to witness boom in the real estate segments in smaller cities as both countries are expected to record strong growth in residential demand in the coming years, says a report.
SOURCE: The Economic Times – Real estate boom to continue in smaller cities
“Throughout our history, we have grown on the assumption that energy costs would be low,” said Michael Woo, a former Los Angeles city councilman and a current member of the city Planning Commission. “Now that those assumptions are shifting, it changes assumptions about housing, cars and how cities grow.”
Push prices up fast enough, he said, and “it would be the urban-planning equivalent of an earthquake.”
SOURCE: Los Angeles Times – Envisioning a world of $200-a-barrel oil
Leslie Giles was frustrated with the beachside sprawl while Luke and Susan Wilburding were bored living in quiet suburbia in the Venetian Bay neighborhood of New Smyrna Beach.
So, they recently did what Americans used to do and moved downtown. They are part of a growing national movement of increased interest in urban living, driven mainly by rising gas prices.
“This is a slice of that urban area. It’s more home for us. The restaurants, the Cubs and night life,” said Luke Wilburding. The 30-something couple, originally from Chicago, put their 4-year-old Venetian Bay home up for rent in January and moved into a rented unit at the 2-year-old Wall Street Lofts at Magnolia Avenue and Wall Street, half a block off Beach Street and within sight of Jackie Robinson Ballpark.
SOURCE: newsjournalonline.com – East Volusia News –
Eco-towns should be built in urban areas and not in the countryside to stop them becoming “dormitory towns” where people have to drive somewhere else to work, town hall chiefs say.
Eco-towns should be built in urban areas, council chiefs claim
Eco-towns ‘should be built in urban areas’
A new report from the Local Government Association also warned that plans to create 10 eco-towns across the country were “significantly flawed” and risked creating “eco-slums” without proper urban planning.
SOURCE: Telegraph.co.uk – Build eco-towns in urban areas, not the countryside, say council chiefs
Macau’s urban planning should not only focus on gaming as it solely will not contribute a healthy and sustainable development in the region, said mainland experts at a conference in Macau yesterday.
The Research Centre for Sustainable Development Strategies organised the third expert conference yesterday at Wynn Macau where professional bodies and individuals from the mainland, Hong Kong and Macau were invited to discuss the “Macau Urban Planning Conceptual Framework”.
SOURCE: Macau Daily Times – Gaming should not be sole focus: urban planners.