I recently spoke with George Mason University Law Professor David Schleicher about his research on land use law and economics. Here is our conversation including links to some of his academic articles that have earned a lot of attention in the land use blogosphere. Emily: What are some the costs … [Read more...]
Why do condos even exist?
It sounds like a dumb question – they exist because people like the security of owning a home combined with the services and lower costs that apartments offer, duh! But upon further reflection, condominium-style tenure can be a bit problematic. The main problem, as I see it, is that a building … [Read more...]
An Early Defense of Zoning
At Discovering Urbanism, Daniel Nairn offers an interesting summary of Edward Murray Bassett's 1922 defense of zoning (available as a free e-book). Bassett faced opponents who were against a new type of land use regulation, many arguing that zoning was unconstitutional. In retrospect, some of his … [Read more...]
Street art: violation of property rights or positive emergent order?
Among Egypt's pro-democracy protesters, graffiti has played an important role in the communication, providing a platform for free speech under military rule. The Associated Press reports: Graffiti has turned into perhaps the most fertile artistic expression of Egypt's uprising, shifting rapidly to … [Read more...]
New York’s Funny Definition Of ‘Moderate- and Middle-Income’ Housing
Pretty interesting article in the NYT today about the Gotham West development that recently broke ground on Manhattan‘s far west side. But I think the part about affordable housing could use some context: But the bulk of the project will be affordable units, 682 of them, or more than half the … [Read more...]
Italy’s Austerity Plan Spurs Transport Deregulation
There’s been a lot of handwringing by American lefties over the austerity plans that Germany is asking indebted eurozone governments like Italy and Greece to implement in exchange for bailouts, but many aspects of the plans – especially labor market deregulation – are long overdue no matter … [Read more...]
The Coase Theorem in Land Use
On a recent post about property rights in the land market, commenter David Sucher brought up the issue of transaction costs. He commented here and at his blog City Comforts: The "least intrusive means" should be always kept in mind. The only issue for me is the huge transaction costs which, I … [Read more...]
The Central Park Caper And Transit NIMBYism
It has often been suggested that one of the reasons that American subway construction is so expensive is that our laws are too friendly to NIMBYs. That is to say, contractors will be paid to engineer expensive, long-term solutions to avoid short-term disruptions to neighbors during construction. The … [Read more...]