Jane Jacobs’ The Death and Life of Great American Cities, published in 1961, revolutionised urban theory. This essay kicks off a series exploring Jacobs’ influential ideas and their potential to address today’s urban challenges and enhance city living. Adam Louis Sebastian Lehodey, the author of … [Read more...]
The benefit-cost ratio of U.S. social housing
Via The Excellent Kevin Lewis, here's a paper that tries - at least - to estimate the benefit-cost ratio of the most common types of social housing in the U.S. Edgar Olsen and Dirk Early estimate that Housing Choice Vouchers - aka Section 8 - have a respectable benefit to taxpayer cost of 77%. … [Read more...]
Review: Escaping the Housing Trap: The Strong Towns Response to the Housing Crisis
In Escaping the Housing Trap, Charles Marohn and Daniel Herriges address the role of zoning in creating the housing crisis. Like some other recent books (most notably by Nolan Gray and Bryan Caplan) this book shows how zoning limits housing supply and thus has led to our current housing crisis. … [Read more...]
Market Affordable
Check out my new post at Metropolitan Abundance Project: How “inclusionary” are market-rate rentals? In metropolitan Baltimore, a family of four making $73,000 in 2024 qualifies for 60% AMI affordable housing, where it would pay $1,825 per month for rent, utilities included. A third of new … [Read more...]
The sudden death of the American condo
Condos are disappearing. They persist now mainly in pre-2010 buildings. Among multifamily homes built in the 2020s, just 1 in 25 is owner-occupied. What happened? I pulled American Community Survey data via IPUMS to get a better grasp of the numbers and the geography. Nationally, the rate of … [Read more...]
Apples to apples housing cost comparisons
I recently ran across an interesting discussion on Twitter about housing costs. Someone praised Chicago's low housing costs, and someone else responded that because Chicago's most troubled neighborhoods are so unusually dangerous and disinvested (compared to the most troubled parts of a safer city … [Read more...]
Resources for Reformers: Houston’s minimum lot sizes
Updated 1/11/24 to add 3 new papers, Wegmann, Baqai, and Conrad (2023), Dobbels & Tavakalov (2023), and Hamilton (2024). The original post was published 3/14/23. A concerted research effort has brought minimum lot sizes into focus as a key element in city zoning reform. Boise is looking at … [Read more...]
Is there really a building boom? Not as much as you might think
I've noticed numerous stories and tweets about a building boom: for example, a recent CNBC story asserts that the number of new apartments is "at a 50-year high." Various twitterati have used this claim to support their own points of view: some claim that rents are stabilizing because of this new … [Read more...]
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