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Ending rent control may not lower prices for non-regulated units


That’s one takeaway from a paper sent to me by one of its co-authors, Andy Garin, at MIT, on the effects of the end of rent control in Massachusetts in 1995 on property values in Cambridge. Fascinating topic, and much thanks to Andy for sending it to me – it’s always nice when other people write [...]

Trying to make a bad policy worse in NYC


In New York, lawmakers are currently debating a compromise between New York City and upstate interests to change the policies that shape residents’ housing costs. New York City lawmakers are fighting for an extension and expansion of current rent control laws, while Governor Cuomo wants to tie this extension to a two percent cap [...]

“The Joys of Staying Put,” or “The Joys of Rent Control”?


The New York Times is unusually good at ignoring economic forces at play in land use and transport markets, but I think this piece called “The Joys of Staying Put” by Constance Rosenblum takes the cake. Here’s a quote:

New Yorkers typically move a lot. Prompted by the arrival of a partner or a [...]

Links


1. A shameless story of rent control in NYC. Glad to see that the city is forcing developers to subsidize wealthy Manhattanites’ Eat, Pray, Love-like dreams of moving to Paris.

2. The travails of getting a bus lane on a busy LA street where “[m]ore people already travel by bus than by car along the [...]

Links


1. Systemic Failure praises Gov. (again) Jerry Brown’s efforts to do away with California’s redevelopment agencies and “enterprise zones” (there’s a euphemism if I’ve ever heard one), which the author claims promote autocentric development with public funds. He then cites a few examples of redevelopment agencies pushing such plans in San Jose. If he [...]

New Years link list


Behold, your first link list of 2011!

1. The automobile may officially in decline (very good article!).

2. Interesting parallels between China and its HSR intellectual property disputes and post-WWII Japan and Korea. More here.

3. Fred Barnes writes a stupid article for the Weekly Standard (“The road to hell is paved with bike [...]

Weekend links


1. Lydia DePillis responds. I’m all for upzoning only(/mostly) poor neighborhoods if that’s all the extra density we can get (though here at Market Urbanism we’re kind of utopians – we don’t care much about political feasibility), but I’m not nearly as optimistic about inclusionary zoning as she is. At its worst it’s a [...]

Enlightened blogspam


I’ve always said that some day spammers are going to become so creative in their filler content that it actually becomes better than the median good-faith commenter. Well, that day has finally arrived!

From some Romanians spamming for a Bucharest car rental service on two articles on rent control from a few years back:

[...]