In these days of economists constantly debating the right way to revive the economy, it seems like there is no way to find consensus among economists. Economists don’t spend much time debating the issues they agree on, and to them, rent control is about as dead an issue as the earth revolving … [Read more...]
My Article at FreePo on the Resurrection of Rent Control
The Orange County Register’s new site, Freedom Politics just posted an article I wrote for them on rent control. Here’s a snippet: In these days of economists constantly debating the right way to revive the economy, it seems like there is no way to find consensus among economists. … [Read more...]
NY Rent Control Revival
In an act of pure legislative idiocy in the face of overwhelming consensus among economists against rent control, the New York State Assembly started the ball rolling to strengthen rent regulation. NY Times: The Democratic-led Assembly passed a broad package of legislation designed to restrain … [Read more...]
Redistribution
Discussing Ithaca, New York's plan to increase permitted density and reduce parking minimums, I can dig what Matthew Yglesias says : The distributive impact of parking minimums is to redistribute income from people who don’t own cars to people who do own cars—not to shift income from poor to rich. … [Read more...]
The Story of I’On: Struggles of a New Urbanist Project
I recently googled upon a post at a blog called "Rub-a-Dub" that mentioned a land development project in Mount Pleasant, SC called I'On. I imagine the developers of the I'On "Traditional Neighborhood Development" (TND) community are sympathetic with Market Urbanism, as they named … [Read more...]
Talking points on the housing bubble
By Sandy Ikeda Last week I spoke to a standing-room-only crowd of students and faculty about the current economic and financial turmoil. I shared the podium with three of my colleagues, who range all the way from far to the left of Barack Obama to very, very far to the left of Barack Obama. … [Read more...]
Market Meltdown and Bailout Videos
Wow! This market is a mess. As a great follow up to his posts at CafeHayek on government's intervention in the housing market, Russell Roberts discusses the situation and bailout with reason.tv: Also... Here's the video from an Economics forum discussion at MIT (my Alma mater) on … [Read more...]
Cook County (Chicago) Sheriff Won’t Evict in Foreclosures
Cook Co. sheriff won't evict in foreclosures from Associated Press Cook County Sheriff Tom Dart says he's ordered his deputies to stop taking part in evictions of properties that have been foreclosed upon. Dart says the change goes into effect Thursday. He says the decision comes because … [Read more...]