Barcelona Finds a Way to Control Its Airbnb Market

Raton, a town once surrounded by eight coal mines, now has a main street of boarded-up buildings. There is reason for optimism as the town diversifies its local economy, betting on "a mix of small manufacturing businesses, health care and specialty services, and hospitality for travelers" to endure the sudden decline in mining revenue. Its calculated revitalization may hold lessons for other towns.

An increasingly popular way to attract foreign direct investment is to let the world’s wealthiest trade cash and property investments for citizenship. The $2 billion-a-year industry allows the ultra-rich to buy passports that permit visa-free travel to nearly the entire world, often with no residency requirements. Highly controversial, the industry is marked by a lack of transparency and concerns about what happens to civic ties when citizenship can be bought and sold.

In Jackson, Mississippi, a series of community-led cooperatives are creating opportunities for affordable home ownership. This is part of a trend across the country to create community land trusts. They are financed through donations, other community businesses, or commissions. Though each land trust faces hurdles, they are collectively allowing more access to wealth and ownership in historically low-income neighborhoods.

Bozeman, Montana, a city grappling with how to plan for growth in a smart and strategic way, is looking to learn from Fort Collins, Colorado. The two cities are similar in terms of the features that make them appealing: once low-cost, small college towns with beautiful scenery and lots of space. Now, Fort Collins’ population has soared, and critics say development could have been smarter. Bozeman is learning lessons about planning and inclusivity, hoping not to make the same mistakes.

Redeveloping and repurposing unused real estate provides a path toward economic revitalization. With a combination of public and private grants, the nonprofit group, International Sonoran Desert Alliance (ISDA), has purchased and redeveloped real estate in the town of Ajo, Arizona. The renovated town plaza and Curley School complex contain retail spaces, artist studios, and even house community gardens of the Ajo Center for Sustainable Agriculture.

In Indonesia, transferring land management rights to local residents is slow-going, but one community is setting an example for what can happen when the residents are in charge. Mandiri farmers formed a cooperative and began replacing hillsides; now, tourism to the area has increased and attitudes towards the land and community have changed.

Mobile home owners in Colorado are beginning to own their own communities due in part to legislation that is making it easier to do so. Resident-owned communities preserve the affordable housing stock, which manufactured home communities make up a large percentage of.

Incremental investment is gaining momentum in South Bend as an alternative to big developers. Residents are given the network and knowledge to become micro-developers so that ownership and money stay within the local economy. The project aims to cultivate community and strengthen the local economy.

As building developers in Kenya design new structures that are more environmentally friendly and sustainable, they can look to the Garden City Mall in Nairobi as a successful example. This mixed-use development with shopping, residential, and office spaces uses solar energy, which helps cut energy costs by over 30 million shillings each year. The mall also was the first in the region to receive an international green building certification.

Two insurance companies, Discovery and Dialdirect, implemented a smartphone app for drivers to report potholes in their city. The companies then fill the potholes and brand them with their logos.