๐๏ธ Signs of slowing development | Morning Newsletter
And World Cup excitement โฝ.

The Morning Newsletter
Start your day with the Philly news you need and the stories you want all in one easy-to-read newsletter
Expect another rainy day and a high of 60.
Phillyโs housing market is cooling, mirroring national trends. Thereโs less competition, but prices are still high and buyers now have the hurdle of high mortgage rates.
And now, the city is on track to see the lowest number of housing units permitted for construction in nearly a decade. Our lead story details how we got here.
If you see this ๐ in todayโs newsletter, that means weโre highlighting our exclusive journalism. You need to be a subscriber to read these stories.
โ Taylor Allen (@TayImanAllen, morningnewsletter@inquirer.com)
The housing permitting slump comes after last yearโs surge of more than 25,000 units of new housing approved for construction. Thatโs equivalent to several decades worth of new construction projects.
What happened: The answer is a mix of local policy changes and a rough economic climate.
Federal reserve interest rate hikes hit home builders, and construction costs rose due to supply chain and workforce troubles.
Developers raced to get permits by the end of 2021 to take advantage of the cityโs 10-year tax abatement before a reduction took effect this year.
The result: Monthly permitting averages in Philly are off by about a third when compared to 2019 or 2020. The total unit count is projected to be the lowest since 2013.
Housing experts say itโs hard to disentangle any one factor from the others and note that while permitting is slower than last year, itโs still close to pre-pandemic norms.
Keep reading to learn more about whatโs behind the slowdown.
What you should know today
The loved ones of a young woman slain in a domestic shooting say the police didnโt do enough to protect her.๐
The Pennridge school board voted to scale back high school social studies requirements despite widespread opposition from teachers, students, and community members.
Phillyโs Rep. Brendan Boyle will become the top Democrat on the House Budget Committee.
The Frankford High School baseball coach who was diagnosed with breast cancer and underwent a double mastectomy is now cancer-free.
South Jersey figure skater Isabeau Levito is the only American to qualify for the womenโs event of the Grand Pix Final.
Local coronavirus numbers: Hereโs your daily look at the latest COVID-19 data.
A room full of Morocco fans at a banquet hall in Northeast Philly broke out screaming and jumping up and down as they celebrated Moroccoโs victory against Spain on Tuesday.
Arab teams have been performing better than ever at this yearโs World Cup, defeating teams that are stronger on paper.
The victories are the source of immense pride and unity for Arabs of different nationalities scattered across the world and Philadelphia.
Notable quote: โWhen you play the World Cup in an Arab country, you have to show the world that yes, we are here and weโre going to do something special,โ said Mustafa Laouine, who came to Philly from Morocco in 2019.
Keep reading for more reactions to Moroccoโs victories at the World Cup.
๐ง Philly Trivia Time ๐ง
Who will replace Jim Gardner on Action News at 6 pm?
A) Brian Taff
B) Rick Williams
C) Cecily Tynan
D) Tamala Edwards
Find out if you know the answer.
What weโre ...
๐ตConsidering: Whatโs next after the Philly Popsโ death. ๐
๐ฅ Drinking: Craig LaBanโs picks for the best whiskeys of the holidays.
๐ Watching: The Trump Organizationโs conviction of tax fraud.
๐งฉ Unscramble the Anagram ๐งฉ
Hint: Thrift store
APHID SILLY
Think you know? Send your guess our way at morningnewsletter@inquirer.com. Weโll give a shout-out to a reader at random who answers correctly. Todayโs shout-out goes to Lesley Czochor, who correctly guessed Doug Whitmore as Mondayโs answer.
Photo of the Day
Thatโs it from me. Iโm starting my day with a hot chocolate โ. Thanks for starting yours with The Inquirer.

























