Joe Cortright

Joe Cortright

The market cap of cities

What are cities worth? More than big private companies, as it turns out: The value of housing in the nation’s 50 largest metropolitan areas ($22 trillion) is more than double the value of the stock of the nation’s 50 largest…

The Week Observed: January 22, 2016

What City Observatory did this week 1. Which federal agency has a big role to play in housing affordability? The answer might surprise you. The Federal Reserve has announced a plan to increase the interest rates it charges banks, putting…

Are jobs really returning to the city?

At City Observatory, we’ve cataloged a series of indicators that point to the the growing economic strength of city centers—including on the metric of job growth. But in a new blog post, Jed Kolko looks at county-level data for the…