I’ve been meaning to address the public education system’s complex role in land use patterns, and found that Murray Rothbard does a better job in his 1973 manifesto, For a New Libertythan I ever could. In summary, locally-funded public education is an engine of geographical segregation, which encourages flight from urban areas, and was a [...]
Ed Glaeser gives three compelling reasons why the government should end their infatuation with high housing prices. (Nonetheless, some of the same politicians speak through the other side of their mouths about promoting housing affordability):
Why We Should Let Housing Prices Keep Falling
There is a superficial attractiveness to policies that seem to promise an end [...]
affordability in the LA area
affordability in New York City
Play with the HUD-Brookings Institution’s new index maps here:
The Housing + Transportation Affordability Index, developed by CNT and its collaborative partners, the Center for Transit Oriented Development (CTOD), is an innovative tool that measures the true affordability of housing. Planners, lenders, and most consumers traditionally [...]
Harvard Economist Ed Glaeser wrote an opinion piece in the New York Sun about the differences in housing affordability and other costs of living between Houston and New York.
New York is naturally more expensive than Houston because the geographical constraints force higher density development, which is more expensive to build. New York’s highly regulated [...]
Welcome to the final post in the series discussing the consequences of rent control. Thank you to the subscribers who have patiently awaited each new post. I hope everyone found it enlightening.
If you haven’t read the entire series, you can catch up with these links: Rent Control Part One: Microeconomics Lesson and [...]
Austin Contrarian discusses an article that describes how Seattle has become less affordable in recent years. He prescribes a recipe for Austin to become what he calls a “Superstar City” such as New York, Boston, San Francisco, or Seattle. By “Superstar City”, I assume he means an ultra-hip place where housing prices rise rapidly, NIMBY [...]