Matt Griffin: How Did We Get Here?
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Matt Griffin: How Did We Get Here?

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Matt Griffin: How Did We Get Here? Matt Griffin: How Did We Get Here? Presentation Transcript

  • How Did We Get Here? Matt Griffin Pine Street Group
  • Via6
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  • Mix of Inputs • Personal experiences • Assessment of the world 5-6 years ago
  • Bike Trip Around the World 1986-87
  • Interlaken Home 1977-2001
  • Seaboard 2001
  • Seaboard 2001
  • Manhattan 2006
  • NYC – Place to Hang Out
  • Community – Making Friends
  • 5-6 Years Ago • U.S running deficits – two wars • Americans spending more than we make • House appreciation taken as a given
  • World • • • • • Migration to cities Jobs from intellectual capital World is flat Traffic Energy costs
  • Financial Crisis • Spend more than we make • Pile up of debt
  • Financial Crisis • Spend more than we make • Pile up of debt Mortgage availability • Spend less than we make • Lower cost/standard of living • Use less resources
  • US Household Debt as % of Disposable Income
  • Environmental • • • • • • Green Global warming Energy efficiency Density Traffic Tolls, carbon tax, MVET, gas tax
  • Work Force • • • • Intellectual capital Creative class Shortage of talent High tech talent is younger and more mobile
  • Work Force • • • • Intellectual capital Creative class Shortage of talent High tech talent is younger and more mobile Younger, college educated is more urban
  • Urban Centers Draw More Young-Educated Adults In 2000, young adults with a four-year degree were about 61% more likely to live in close-in urban neighborhoods than their less-educated counterparts. In 2011, they are about 94% more likely. USA Today
  • Seattle • Green • Traffic (+ 520 & 99) • Mass transit
  • Commute Seattle
  • Seattle • Green • Traffic (+ 520 & 99) • Mass transit Advance degrees
  • Education U.S. Bachelor’s degree or higher Seattle 28% 56% (persons age 25+, 2007-2011) U.S. Census Bureau
  • Seattle • Green • Traffic (+ 520 & 99) • Mass transit • Advanced degrees Higher Ed • Shrinking families, more singles
  • U.S. Seattle People Living Alone 27% 41% Age 18-64 (2011) 63% 74% U.S. Census Bureau
  • Seattle • Green • Traffic (+ 520 & 99) • Mass transit • Advanced • degrees • Shrinking families, more singles Pets
  • One Sea Change
  • What’s this mean for urban living? • 25-40 • older
  • What’s this mean? • • • • Own less Live in less space Walkability Avoid that stinking, polluting, expensive bummer • Rent vs. buy
  • Economist 10/18/13 issue, US Driving
  • AAA ‘Your Driving Costs’ 2012 Cost to own and operate a vehicle in the U.S. Based on Driving 15,000 miles annually Sedan Average SUV Minivan 4WD Cost Per Mile 59.6 cents 75.7 cents 63.4 cents Cost Per Year $8,946 $11,360 $9,504
  • WORLD ENVIRONMENTAL FINANCIAL WORK FORCE
  • Result • • • • • • • Walkability Borrow it or rent it If not in my own place, nearby City streets and hood as living room Social – maybe greater Trade – parking for Wi-Fi and cell Internet pipes – cable, cat X, etc.
  • Social • • • • • Golf course for a café and pub Third place Ways to build community Cul-de-sac and kids Dog wash or nursery
  • Older • Is it much different? • Flexibility • Think younger
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  • What could screw it up? • • • • • • City doing stupid stuff with zoning Cutting Metro funding Not caring for infrastructure K-12 Higher Ed Etc.