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Brandon Donnelly — Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly. — Page 1093

Cover image for Less is more

Less is more

  • Chicago
  • Cities
  • Development

The Wall Street Journal recently asked:  Venice Beach Is a Hot Place to Live, So Why Is Its Housing Supply Shrinking?  

According to Issi Romem, chief economist at BuildZoom, it’s because Venice Beach is the toughest place in America to build housing.

Here are some numbers from the WSJ:

“The Venice Beach population is shrinking even as the local economy has boomed. The neighborhood had about 27,000 residents in 2015, about 3,800 fewer than in 2000, according to U.S. Census data. At the same time, the ZIP Code has added 4,000 new jobs, according to Jed Kolko, chief economist at employment website Indeed.”

And here is a chart that speaks to the relationship between housing prices and housing supply:

Housing supply, alone, isn’t going to solve all of our problems. But it certainly matters. Also, what’s up with Chicago?

Contentment as vice

  • Being-busy
  • Brad-feld
  • Business

“Contentment used to be a virtue. Now it’s a vice.”

I came across this line on Brad Feld’s blog

For those of you who aren’t familiar with Brad , he is a successful entrepreneur and early stage VC investor. He cofounded the Foundry Group , Mobius Venture Capital, Intensity Ventures and Techstars, and sold his first company back in 1993. 

But Brad has also struggled with depression over the years and so you’ll find that a number of his blog posts are also quite contemplative.

This particular post – where the above line comes from – is about a societal norm that I am sure many of you can relate to. I know I can. Here’s another snippet from the post:

“We talked for a few minutes about the overall, dominant American culture of achievement. The endless striving. The need to feel busy, important, and successful. The deep cultural norms around ambition.”

Whether it’s because we’re all deeply insecure or because we just need to fulfill our egos, this has become our modus operandi. It has become all about “ the hustle ” and about “crushing it 24/7.”

Just this evening I was at a friend’s birthday party and I couldn’t tell you how many times I said “busy.”

“Hey Brandon, how are things?”

“Busy!”

This is an absolutely terrible response. I know that. And I’ve started introducing other responses into my small talk repertoire. But busy is so ingrained in our culture. Being busy makes us feel important. It means we are in demand. We do things. We create value.

But is the reverse – not being busy – now a vice?

Regardless of your position on the appropriate balance between contentment (being ok with what you’ve got) and work (striving for more than what you’ve got), I think the first line of this post is an incredibly poignant commentary on the life that many of us live today.

Where'd the night go?

  • Cities
  • Culture
  • Development

I’m a few months behind on this one, but back in April the CBC published a documentary called: Where’d the night go?  

It’s about Toronto’s grassroots music community and “DIY venues”, all of which are under pressure as a result of rising real estate values and an overall crackdown on illegal venues. This is a perfect example of what Jane Jacobs was getting at when she said that new ideas require old buildings. 

If you can’t see the video below, click here . When I watched it, I got stuck watching 3 pre-roll ads. Sorry if that happens to you as well.

//www.cbc.ca/i/caffeine/syndicate/?mediaId=924601923901

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Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly.