Checks and Balance: Space race
Checks and Balance from The Economist
The Economist
4.5 • 1.8K Ratings
🗓️ 9 April 2021
⏱️ 42 minutes
🧾️ Download transcript
Summary
American house prices have risen more steeply during the pandemic than at any time in the last 15 years. Buyers are swapping big cities for suburbs and smaller, sunnier cities in the South and Mountain West. How might this reshuffle change America's politics?
The Economist’s data journalist James Fransham and Denver correspondent Aryn Braun join, along with John Suthers, mayor of Colorado Springs.
John Prideaux hosts with Charlotte Howard and Jon Fasman.
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Transcript
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| 0:00.0 | Imagine you, you in a nice comfy seat with your hands behind your head, taking in the views, |
| 0:09.6 | instead of taking on the road, maybe even taking a nap. That's the bliss of getting where you |
| 0:15.5 | need to go without worrying about driving. Book your train journey via avantiwascoast.co.uk |
| 0:23.0 | and we'll take you there. Avantiwascoast, feel good travel. |
| 0:30.4 | In 1945, Sam and Anna Mary Shone set out to make a new life in the new era by moving to a |
| 0:40.5 | smaller, more affordable city. This charged from the Navy that summer, Sam tried to rent a trailer |
| 0:46.1 | to move their possessions from Los Angeles to Portland, Oregon. But nobody would let them have one |
| 0:51.8 | for a one-way trip. Realising that many more young families would be relocating, |
| 0:57.1 | the Shone set up a company to fill the gap in the market. They called it Yew Hall. |
| 1:02.3 | The first trailers cost two dollars a day to rent a small price for a better life. |
| 1:07.7 | Self-drive trucks came in 1959 and their bright orange and white livery is still a feature |
| 1:13.3 | on America's highways, the utilitarian color scheme and neat contrast to the romance of a new start. |
| 1:20.6 | In 2020, Tennessee was the state with the largest net number of incoming Yew Halls. |
| 1:26.2 | Texas and Florida were close behind. The pandemic has pushed Americans out on the road again. |
| 1:33.2 | This is Chex and Balance. |
| 1:39.6 | I'm John Prado, the economist's US editor. Each week we take one big theme shaping American politics |
| 1:45.5 | and explore it in depth. |
| 1:46.9 | Today, could remote working redraw America's political map? |
| 2:05.9 | Working from home has ended the five-day commute for a cohort of mostly well-off Americans. |
| 2:11.2 | Last year, house prices rose more steeply than they have in 15 years. |
| 2:15.7 | People are leaving the great coastal conurbations for smaller, |
| 2:19.1 | sunnier cities in the south and mountain west. |
... |
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