Market Urbanism

Liberalizing cities | From the bottom up

“Market Urbanism” refers to the synthesis of classical liberal economics and ethics (market), with an appreciation of the urban way of life and its benefits to society (urbanism). We advocate for the emergence of bottom up solutions to urban issues, as opposed to ones imposed from the top down.

Does Density Raise Housing Prices?

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My last post, on urban geographic constraints and housing prices, led to an interesting discussion thread.  The most common counter argument was that because dense cities are usually more expensive, density must cause high cost.  But if this was true, cities would become cheaper as they became less … [Read more...]

Exempting Suburbia: How suburban sprawl gets special treatment in our tax code

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This is the third post in a series about government policies that encouraged suburban growth in the US. You can find the first part here and the second one here. Suburban sprawl gets preferential tax treatment in the US. As a result, it is cheaper to spend a dollar on housing than on … [Read more...]

Financing Suburbia: How government mortgage policy determined where you live

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The government exercises tremendous power over residential design in the US. Its influence is nearly invisible, because it works through complex financing programs, insurance incentives, and secondary markets. These mechanisms go unnoticed, but their effect is hard to miss—they remade the United … [Read more...]

Subsidizing Suburbia: A forgotten history of how the government created suburbia

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This is the first article of a five-part series on suburbia in the United States. In primary school, one of my friends lived in a duplex. This fact blew my mind. To my inexperienced 7-year-old mind, a duplex barely registered as a house. Her family shared a driveway with their neighbors, and their … [Read more...]

TILTs for Income Mobility

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Land-use scholars have offered a variety of policy proposals that attempt to identify institutional reforms to reduce the incentive for homeowner NIMBYs to protest development. For example, in a 2013 paper law professor David Schleicher proposed a policy called Tax Increment Local Transfers (TILTs). … [Read more...]

What makes Philadelphia so affordable?

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In 2005, Joseph Gyourko published an economic history of Philadelphia. He explored the economic and policy factors that contributed to its population and job loss during the twentieth century. Gyourko's outlook for Philadelphia was pessimistic. He argued that the city lacked the supply of skilled … [Read more...]

How Governments Outlaw Affordable Housing

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This post was originally published at mises.org and reposted under a creative commons license. It's no secret that in coastal cities — plus some interior cities like Denver — rents and home prices are up significantly since 2009. In many areas, prices are above what they were at the peak of the … [Read more...]

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