Loyal reader, Bill tipped me off to this blog and I've subscribed to the feed ever since. Today's post was particularly relevant:White People in the News - May 30, 2008Isn't this photo classic?The comments on the blog are always fun to read too... … [Read more...]
Archives for May 2008
Watch as “Expediters” Become Scapegoats of Corruption and Incompetence
It's easier to look at the symptom: corruption, than treat the disease: government over-regulation:Chicago Tribune: Role of expediters under scrutiny as federal probe targets City Hall corruptionThe unsung and highly specialized role these private individuals play in the workings of city … [Read more...]
Video: Both Sides of Proposition 98
With the referendum approaching, the debate over rent control is heating up in California. This video is pretty balanced in showing both sides. There are some memorable quotes, like "social security and pension plan would not pay the market rent, so I just wouldn't eat." I guess this guy values … [Read more...]
Rent Control Part 3: Mobility, Regional Growth, Development and Class Conflict
Part One of this series was a refresher on the Microeconomics of Rent Control and touched on how it encourages hoarding Part Two discussed rent controls influence on the black market for apartments, rental property deterioration and housing discrimination. Here in Part Three, we will discuss how … [Read more...]
Rent Control Part 2: Black Market, Deterioration and Discrimination
With New York's new Governor's rent subsidized by his landlord and California debating the best ways to end rent control through Proposition 98, I thought it was a good opportunity to discuss the negative aspects of rent control.This post is the second in a four part series on the rent control. … [Read more...]
Bribery for Property Rights: Federal Charges in Chicago
NBC5 has an update listing the people involved and video here: New Corruption Charges Hit Building, Zoning DepartmentsChicago Tribune: U.S. to announce charges against 15 in city bribe-taking probe (thanks to Dan M. for the tip) Federal authorities are set to announce charges Thursday against … [Read more...]
“Green” Parking Garage in Chicago. Oxymoron?
Developer, Al Friedman plans to build a "green" parking garage in Chicago's Streeterville neighborhood, where development has replaced many surface lots. (Crain's)Environmentally speaking, it's probably better than a surface lot and frees up more space for productive development. But, can the … [Read more...]
Lower East Side Now “Endangered”?
photo by flickr user paytoncThe National Trust for Historic Preservation announced that New York City's Lower East Side, famous for it's history of tenements and slums, is one of 11 architectural, cultural, and natural heritage sites that are most at risk "for destruction or irreparable damage." … [Read more...]