If you restrict the supply of housing, other things equal, what will happen to the price? That’s not a trick question. Any competent Econ 101 student would answer correctly that the price will rise. One reporter for the Washington Post gets it. In a hopeful sign of spreading economic literacy, … [Read more...]
Cities And The Growth Of Our Collective Brain
In his famous 2010 Ted Talk Matt Ridley points out that a growing human population has facilitated increasing standards of living because more people means a faster growth rate of innovation. He explains that humans' propensity to exchange means that as a society we all benefit from each other's … [Read more...]
Tech for Housing: An Experiment in YIMBY Activism
Tech for Housing was founded to organize Bay Area tech workers around supply friendly land use reform. Tony Albert, Joey Hiller and myself, all saw an unmet need for tech-centric political outreach and decided to try our luck. And as tech workers ourselves, we had certain ideas around the best ways … [Read more...]
Quantifying the effects of California zoning rules
Yet another study in a long line of others provides evidence that land-use regulations restrict housing supply. A new paper identifies a correlation between land-use regulations in California cities and the growth rate for housing units. Kip Jackson finds that California zoning rules and other … [Read more...]
How Realistic Are the Cities of Fallout?
Even by the bizarre standard set by other fandoms, the fandom surrounding the Fallout video game series is weird. Where your typical human would rather spend a Friday night doing strange things like “hang out with friends” and “go out,” your average Fallout fan is likely spending his … [Read more...]
Houston’s Beautiful (Yet Partial) Embrace of Market Urbanism
A metropolitan economy, if it is working well, is constantly transforming many poor people into middle-class people, many illiterates into skilled people, many greenhorns into competent citizens. … Cities don’t lure the middle class. They create it. – Jane Jacobs, The Death and Life of Great … [Read more...]
Exclusionary Zoning and “Inclusionary Zoning” Don’t Mix
Inclusionary Zoning is an Oxymoron The term “Inclusionary Zoning” gives a nod to the fact that zoning is inherently exclusionary, but pretends to be somehow different. Given that, by definition, zoning is exclusionary, Inclusionary Zoning completely within the exclusionary paradigm is synonymous … [Read more...]
Are Billionaires To Blame?
One common argument I have read in various places is that the high rent of New York and other large cities is a result of globalization and inequality (English translation: rich foreigners). According to this theory, rich people have created a surge of demand so overwhelming that no amount of … [Read more...]
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