Joel Kotkin Says Urban Living is a Fad

By Eric Richardson
Published: Sunday, August 14, 2005, at 01:09AM

Joel Kotkin writes often about Downtown, and rarely does it seem positive. In today's LA Times is a commentary piece of his entitled 'Hip loftsters will stay lonely, for suburbs still seduce.' Those I doubt he wrote that title, it makes about as little sense as some of the assertions he seems to be making.

His basic point seems to be that though urban living seems trendy right now, more people will keep living in the suburbs. Ok. I can accept that. I don't really understand how it could be any other way, given the ratio of urban land space vs. suburbs, but whatever.

Consider, though, a statement like this one:

To fill reconverted offices as well as new towers, developers and urban planners increasingly look beyond natural urban emigres -- gays, singles, artists, young couples -- to aging baby boomers with suburban bankrolls. There is not much evidence to suggest that these people want to become pioneers.

I've heard no one say the boomers are going to lead an urban movement. The thing, though, is that I don't doubt that a percentage of them will find Downtown life appealing. And by the time they come they certainly won't be pioneers. I would say that Downtown's pioneering days passed a while ago.

In Los Angeles, according to DataQuick Information Systems' most recent numbers, values in some areas have risen steeply, but those in many others have either dropped over the last year or climbed only modestly. Downtown L.A., for the most part, is not performing better than other areas of the Southland.

How can you throw a quote like that out there and not support it? How does this reconsile with the stories that quote Dataquick in saying that Downtown valuations are higher than those in Beverly Hills? If he's looking as performance in terms of valuation increase -- where all of Socal has skyrocketed of late -- I don't see how that's important. I'm sure the people owning units care about that sort of thing but it has very little to do with neighborhood vitality.

The bottom line is that people are moving into every unit that comes on the market Downtown. I'm sure they would other places as well, but most parts of Socal aren't going to be able to support an increase in population the way Downtown is. Joel cites growth in Riverside/San Bernadino, but that growth has largely occured in formerly open space. Not many parts of the region have that in abundance. After it's gone, it'll be only urban areas like Downtown capable of shouldering increased population.



Comments

1
jim winstead writes:

i wonder how the increasing price of oil factors into joel's calculations. the far-flung suburbs like riverside and san bernardino are going to lose some of their sheen as gas prices continue to increase.

i do think bill witte is right that many of the announced residential towers won't be built. i don't think the pace of development downtown is going to be nearly as torrid as the pace of announcements, but i am increasingly convinced that it is not a trend that is about to reverse entirely.

and i don't get the feeling that the condo market in downtown is seeing the level of speculation that joel cites for san diego, but i could be wrong.

overall, it would have been nice to see some actual numbers about los angeles in joel's article, instead of thin comparisons to development elsewhere.

# on Aug.14.2005 AT 07:34 AM
2
Tim Quinn writes:

Kotkin must have thought this up while mowing the lawn. It goes in circles and doesn't get anywhere.

# on Aug.14.2005 AT 12:56 PM
3
eecue writes:

Obviously nobody wants to live in an urban area as evidenced by San Francisco, New York, Boston, Chicago, Tokyo, etc.

# on Aug.14.2005 AT 06:43 PM
4
Hihankara writes:

I had class with Joel Kotkin at Pepperdine. It astounds me that a JOURNALIST who just seems to write based on free association and not on legitimate research or qualifications.

He is an embarassment, and an example of how if a person BSes enough they will eventually gain a following.

# on Aug.15.2005 AT 02:43 PM
5
Nic Cha Kim writes:

When did Downtown ever start comparing themselves to the 'burbs?
Downtown bustles with activity and people. The 'burbs set their tivos to record Desperate Housewives.
I know where I want to be and it isn't Arcadia.

# on Aug.15.2005 AT 02:50 PM
6
Dana Gabbard writes:

Our civic dialogue about the future of our region has been severly constrained by the media tendency to annoint and continually give space to experts who by any rational criteria should have long ago been held accountable for their biases and mis-information. I hold Kotkin as the worse offender in re urbanism. His comments in the recent CityView on light rail being "a failure" casts serious doubt on his value as a commentator.

As a self-taught transportation policy wonk (junior trade) I wince at a lot of what appears in the media. I have tried to educate reporters but it is a slow process (plus the Times has had too much rotation on the MTA beat the past few years).

To end on a positve note, a healthy alternative to Kotkin is William Fulton. His Reluctant Metropolis should be required reading for anyone trying to unravel L.A.

# on Aug.15.2005 AT 03:01 PM
7
Joel C writes:

In any college writing class I ever took, this essay would have received a C, due to it's inability to define and support a thesis. The argument has neither a basis nor a purpose. It seems more like a "those elites vs. us regular folk" tirade, the sort of petty, insinuating rant that seems to work very well with the weak-minded in this country.

# on Aug.16.2005 AT 12:57 AM
8
David Kennedy writes:

Actually, I think Mr. Kotkin offers some useful speculation about downtown L.A. based upon demographic trends and real estate data. I think his article is not trying to run down downtown. Rather, he is trying to deflate the hype about downtown living. I say this as a long-time resident who loves where I live. I think Kotkin is correct: living downtown will appeal to a pretty small demographic. I think that's too bad. But, most people are not interested.

Recently, I saw a real estate agent advertising in Pico- Union. The dreams of these working poor was not some condo in the hood. Rather, the suburbs were the promised land. The perception that suburbs are more family-friendly, safer and offer better quality schools is the primary draw. Until urban areas address these basics, their appeal will be limited. Vancouver is a city which has done an excellent job of creating successful urban residential neighborhoods. The cornerstone of their urban planning for these areas is "How can we make this area appealing for families?" From what I've seen, they have succeeded. And this success has not come at the cost of creating a dull city. As a parent, I only wish downtown L.A. had that kind of ambition.

I suspect the rapid rise in price per square foot downtown is due to demand for limited product. Until a few years ago, there weren't really a lot of places to live downtown. It will be very interesting to see what happens when all of the product in the pipeline finally hits the market. Will demand rise to sustain prices? Will there be a glut of product?

I do think there is a lot of speculation going on. There are buildings which I've considered buying and I think prices are utterly unrealistic and only sustained by speculation. Utterly unrealistic because the quality of the building is terrible. (Yes, I know there are plenty of great buildings downtown, too.) I'd actually welcome a serious decline in housing prices downtown, because I'd jump in right away and buy my piece of downtown.

# on Aug.17.2005 AT 03:33 PM

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