A headline in the Boston Globe screams: "Boston's new luxury towers appear to house few local residents." The headline is based on a report by the leftist Institute for Policy Studies, which claims that in twelve Boston condo buildings, "64 percent do not claim a residential exemption, a clear … [Read more...]
No, this study does NOT support refusal to build housing
A recent headline in the Forbes blog screams: "Additional Housing Won't Make City More Affordable, Says Fed Study." This blog post cites a Federal Reserve Study showing that adding 5 percent more housing in the most desirable urban neighborhoods would lower rents by only 0.5 percent.But if you … [Read more...]
Two cheers for subsidized housing
A pure libertarian might argue that in an ideal world, there'd be no need for government-subsidized housing for low- and moderate-income households. Nevertheless, it seems to me that in the world we actually live in, even people generally opposed to the welfare state should favor more such … [Read more...]
does gentrification cause eviction?
I found an interesting new website: EvictionLab. This website contains eviction data by city for a large number of American communities.One might think that gentrifying cities and/or high cost cities have more evictions. But interestingly, low-cost, poor cities tend to have more evictions. … [Read more...]
Morton’s Fork and land use issues
I recently discovered a new logical fallacy: the "Morton's Fork" fallacy. This argument is one in which contradictory observations lead to the same conclusion. For example, if I argue that new housing near public transit is bad because it (1) spurs gentrification by bringing rich people into the … [Read more...]
The “Old People Need Cars” Argument- Myth or Fact?
The needs of the aged are often a political football in disputes over transportation policy. On the one hand, defenders of low-cost parking and other car-oriented policies argue that older people all need cars because they can’t be bothered to walk. On the other hand, smart growth types argue that … [Read more...]
Loving the Stranger- Not!
The Bible says again and again and again to “love the stranger”. Although this phrase has been interpreted in a variety of different ways, one highly plausible interpretation of this maxim is that we should be at least somewhat hospitable to newcomers and temporary sojourners in our … [Read more...]
The Attack on Airbnb
New York politicians' attacks on Airbnb are now getting national press; they argue that because Airbnb units could be used for long-term rentals, Airbnb reduces the housing supply and thus raises rents.But just as a matter of principle, this claim leads to absurd results. The logic underlying … [Read more...]