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Ilya Somin at Volokh: Why California’s Proposition 99 is a Lot Worse than Nothing Yesterday’s California returns show that Proposition 98 – the referendum initiative that would have imposed real restrictions on eminent domain and also phased out rent control – has been overwhelmingly defeated by a 61% to 39% margin. The rival [...] June 4th, 2008 | Tags: California, eminent domain, Ilya Somin, property rights, proposition 98, proposition 99, rent control | Category: rent control | 3 comments |
 printable viewWelcome 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 [...] June 1st, 2008 | Tags: affordability, affordable housing, California, Chicago, Decontrol, development, Economics, evict, exclusionary zoning, FAR, Free-market, government, homeowners, housing, housing market, industrial, landlord, LIHTC, politics, property rights, property taxes, proposition 98, redistribution of wealth, rent control, rent regulation, rent stabilization, solutions, taxes, tenant, Vacancy, vacancy decontrol, vouchers, zoning | Category: rent control, zoning | One comment |
printable viewWith 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 his $375/mo [...] May 28th, 2008 | Tags: affordable housing, California, Economics, housing, microeconomics, property rights, proposition 98, rent control, San Francisco, video | Category: rent control, video | One comment |
printable viewNBC5 has an update listing the people involved and video here: New Corruption Charges Hit Building, Zoning Departments Chicago 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 15 people, including seven City of Chicago [...] May 22nd, 2008 | Tags: Chicago, corruption, development, downzoning, NIMBY, politics, property rights, Tony Rezko, zoning | Category: corruption, zoning | 14 comments |
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