The hottest Local Economy Substack posts right now

And their main takeaways
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Top Business Topics

2nd Look at Local Housing Markets in October

CalculatedRisk Newsletter • 33 implied HN points • 12 Nov 24
💰 Finance Housing Market Trends Sales Data Local Economy Real Estate
  1. Local housing markets in October showed the first year-over-year sales gain since August 2021. This is a positive sign for home sales.
  2. The analysis includes over 40 local markets, comparing current data to October 2019. This helps understand how the market has changed over time.
  3. Active listings, new listings, and closed sales are being tracked, giving a clearer picture of the housing market's performance.

Moving Past the Old Urban Order

The New Urban Order • 79 implied HN points • 03 Aug 23
🎭️ Culture Urban life City Planning Public Service Local Economy Cultural Institutions
  1. Remote work for federal employees is causing low office occupancy rates and potential negative impacts on regional economies and public services.
  2. The idea of place-based workers and professionals being valuable for cities is highlighted, suggesting they are essential for urban civics and progress.
  3. Transitioning to a new urban order requires downsizing or renovating real estate portfolios, empowering better talent in critical entities, and individual support for the desired urban future.

It's all happening in Nova Scotia

mainstreetjournal • 39 implied HN points • 23 Feb 23
💼 Business Investment Community Development Local Economy Financial Incentives
  1. In Nova Scotia, there are Community Economic Development Investment Funds (CEDIFs) that allow people to invest in community-focused projects.
  2. FarmWorks, a CEDIF in Nova Scotia, has raised over $4.6 million and provided loans to local food businesses, with investors receiving a return on investment and tax credits.
  3. Regional investment funds in the U.S. could learn from Nova Scotia's model by involving local grassroots investors and prioritizing community needs over outside investments.
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