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Market Urbanism

Liberalizing cities | From the bottom up

“Market Urbanism” refers to the synthesis of classical liberal economics and ethics (market), with an appreciation of the urban way of life and its benefits to society (urbanism). We advocate for the emergence of bottom up solutions to urban issues, as opposed to ones imposed from the top down.

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Rent Control Again

May 24, 2017 By Michael Lewyn

Rent Control Again

A blog post in Pacific Standard seeks to defend rent control- an idea that, as the author admits, is generally detested by economists.The author writes that "rent regulations give tenants a greater stake in their community and incentivize them to put time, energy, and even money into their … [Read more...]

Filed Under: Gentrification, Michael Lewyn, rent control Tagged With: gentrificiation, rent control

The Sheer Craziness Of New York City’s Rent Stabilization Mandates

January 30, 2017 By Michael Lewyn

Recently, I met someone who was trapped in a terrible apartment.  Why "trapped"?  For months (if not years) she had been in an adversarial relationship with both her landlord and her neighbors, but she can't quite bring herself to leave.  Why not?First, she is in a rent-stabilized apartment, and … [Read more...]

Filed Under: housing, rent control

The Psychological Consequences Of Rent Control

November 15, 2016 By Sandy Ikeda

The Psychological Consequences Of Rent Control

The University of Chicago Press has published a “definitive” edition of F. A. Hayek’s The Constitution of Liberty under the editorial guidance of long-time Hayek scholar Ronald Hamowy. Given my interest in urban issues, it’s a good time for me to focus on chapter 22, “Housing and Town Planning.” It … [Read more...]

Filed Under: Author: Sandy Ikeda, Economics, housing, rent control

Rent Control Is Bad For Both Landlords And Tenants

April 2, 2016 By Caleb Malik

Rent Control Is Bad For Both Landlords And Tenants

When laypeople hear the phrase “rent control”, they typically conjure up one of a few images. Tenants imagine easy street, a world where housing is ridiculously low cost. Maybe they think of rent control in NYC, where they saw the characters from Friends live in large apartments for far below market … [Read more...]

Filed Under: Economics, housing, rent control Tagged With: housing, Phoenix, rent control, Richmond California, San Diego, seattle

Rent Control: A No-Win

March 15, 2016 By Michael Lewyn

Rent Control: A No-Win

In an otherwise excellent article on NIMBYism and luxury housing, affordable housing consultant Rick Jacobus writes: “economist Anthony Downs reviewed the published studies and found that while 'stringent' rent control imposed over a very long time had reduced private apartment construction in the … [Read more...]

Filed Under: Economics, housing, rent control Tagged With: rent control

A response to Interfluidity

December 26, 2015 By Jeff Fong

On Interfluidity, Steve Randy Waldman posted some criticisms of the market urbanist position. The post was interesting, though I took issue with a few specific points. The following are my responses. Regulatory Authority as a Property RightThe customary property rights surrounding homeownership … [Read more...]

Filed Under: Development, Economics, rent control

How to Fix San Francisco’s Housing Market

January 26, 2015 By Jeff Fong

How to Fix San Francisco’s Housing Market

Want to live in San Francisco? No problem, that’ll be $3,000 (a month)--but only if you act fast.In the last two years, the the cost of housing in San Francisco has increased 47% and shows no signs of stopping. Longtime residents find themselves priced out of town, the most vulnerable of whom … [Read more...]

Filed Under: Economics, housing, planning, Policy, rent control, sprawl, zoning Tagged With: affordable housing, Bay Area, gentrification, housing market, housing vouchers, land value tax, San Francisco

The Case Against Rent Control

November 12, 2014 By Robert Murphey

The Case Against Rent Control

To someone ignorant of economic reasoning, rent control seems like a great policy. It appears instantly to provide “affordable housing” to poor tenants, while the only apparent downside is a reduction in the income flowing to the fat-cat landlords, people who literally own buildings in major cities … [Read more...]

Filed Under: rent control Tagged With: rent control

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