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Urban[ism] Legend: Greedy Developers


This post is part of an ongoing series featured on Market Urbanism called Urbanism Legends. The Urbanism Legends series is intended to expose many of the myths about development and Urban Economics. (it’s a play on the term: “Urban Legends” in case you didn’t catch that)

We’ve all heard it said by [...]

$5 Gas and Commuting Costs


Environmental and Urban Economics – Commuting Cost Arithmetic

When people work in the suburbs, will they save many gallons of gasoline if they move to the center city? Yes, they will be closer to their center city friends and stores but they will still need to reverse commute by car to their [...]

Urban[ism] Legend: Zoning Creates Density


This post will be the first of many of an ongoing feature at Market Urbanism entitled Urbanism Legends. (a play on the term: “Urban Legends” in case you didn’t catch that) In many public forums and in the blogosphere, I consistently encounter myths about land development and Urban Economics. These myths typically look [...]

NYC 20-Somethings’ Stagnant Wages and Higher Cost of Living


I need help with this one. Is this a phenomenon of statistical cherry-picking or a true trend that should worry us?

New York Observer – A Yoke for the White Collar New York’s college grads now hustle for jobs paying 1970s wages. Meet their coping mechanism—massive debt!

A younger New Yorker could be [...]

Subsidies and Taxes Favor Owning Over Renting


Paul Krugman asks a question that has been addressed at Market Urbansim:

But here’s a question rarely asked, at least in Washington: Why should ever-increasing homeownership be a policy goal? How many people should own homes, anyway?

Listening to politicians, you’d think that every family should own its home — in fact, that [...]

Bush’s “Ownership Society” and Subprime


From Rationalitate – The WaPo finally realizes the root cause of the subprime crisis

Agencies like FHA and HUD, and pseudo-private agencies like Fannie Mae and Freddie Mac, were the government’s tool to manipulate the market for mortgages, and manipulate it they did: 40% of all mortgages are financed by lending companies Fannie [...]

California’s Water Resources vs Development


There are some good articles out there this morning, I want to share them with you…

Rationalitate – California developments halted over water

While the knee-jerk libertarian reaction might be disgust, I think the markets are probably ruined by the government, and current pricing isn’t what it would be in a market setting. [...]

Thank you Lynne Kiesling


Yesterday, Lynne Kiesling of Northwestern University encouraged readers of her popular economics blog, Knowledge Problem to visit Market Urbanism.

The link generated the highest day of traffic to date. I hope visitors find Market Urbanism interesting and return often. Thank you for visiting Market Urbanism.

Adam