Category MUsings

Market Urbanism MUsings October 14, 2016

1. This week at Market Urbansim: Markets As Cities by Sandy Ikeda There is a deep affinity between cities and markets, and indeed between cities and liberty. (As the old saying goes, “City air makes you free.”) Cities aren’t merely convenient locations for markets; a living city (which I’ll define in a moment) is a market. MU Podcast Episode 04: Anthony Ling on Brazilian Cities and the Future of Transportation Anthony is founder and editor of Caos Planejado, a Brazilian website on cities and urban planning. He also founded Bora, a transportation technology startup and is currently an MBA candidate at Stanford University. He graduated Architecture and Urban Planning at Universidade Federal do Rio Grande do Sul. 2. Where’s Scott? Scott Beyer spent his second week in San Diego, and this weekend is visiting Corona Del Mar in Orange County, where he’ll get a driving tour from some MU enthusiasts. His Forbes articles this week were America’s 20 Largest Metros Have Higher GDPs Than Most Foreign Nations and Austin’s Rail Transit Boondoggle, Further Explained Agencies like Austin’s CapMetro are dogmatic and unimaginative. They observe a top-down solution, such as rail transit, that may work in a few U.S. cities; they take the plan off the shelf and plop it into their own city, regardless of whether or not it fits; then, when the project fails miserably–as it has in many cities–they send out their press team to justify it, using every crackpot methodology. Scott will be returning November 9 to San Antonio to give a speech on the city’s economic emergence. Here’s a write-up about the event by the San Antonio Business Journal. 3. At the Market Urbanism Facebook Group: Louise Ortensia asks “Capitalism for urbanists? Pretty redundant, isn’t it?” An interesting dialogue ensues… David Welton asks “has anyone here contacted local politicians in […]

Market Urbanism MUsings October 7, 2016

1. This week at Market Urbanism: 4 Things Austin’s City Council Could Do Today To Fight The Housing Shortage by Dan Keshet Central Austin needs more housing. Prices have been rising, more and more people want to live where they have short commutes, but are only able to afford homes near the periphery. We have a long-term plan to alter our land development code in a way that would help…but our need is now. What options are available today? Spillovers: Knowledge, Beer, and Technology by Sandy Ikeda I don’t think anyone could reasonably contest that technology has reduced the need for some kinds of proximity. It’s the tired hyperbole that “science obliterates distance” and the like that gets my goat. The gulf between “reducing” and “eliminating” is too vast. Where Do Upzonings Happen? by Chris Bradford What NIMBYs are really after is limiting access to neighborhood amenities, mostly by limiting the quantity of housing. Neighborhoods (at least the ones empowered politically) do their best to hold housing below the market-clearing quantity. Book Review: The Well-Tempered City by Emily Hamilton a review of a book by Jonathan F. P. Rose In the vein of Jane Jacobs and F.A. Hayek, Rose identifies that cities are “wicked” problems rather than engineering problems that policymakers can solve through tinkering. In spite of this recognition of the complexity of cities’ interrelated systems, Rose asserts that cities need visionaries to address problems from obesity to climate change from the top down. 2. Where’s Scott? Scott Beyer has changed his schedule. He thought San Diego would be a pass-through stop this week on the way to Los Angeles. But he found “America’s Finest City” surprisingly dense, and decided to stay all of October. His two Forbes articles this week were about The Millennials Transforming San Antonio and […]

Market Urbanism MUsings September 30, 2016

  1. This week at Market Urbanism: Joel Kotkin’s New Book Lays Out His Sprawling Vision For America by Michael Lewyn So if I interpret his book correctly, it seems that there is nothing libertarian about Kotkin’s views: he wants strong local governments that keep new housing out of cities but allows it in undeveloped exurbs where it belongs. NIMBYism As An Argument Against Urbanism by Michael Lewyn [Kotkin] cites numerous examples of NIMBYism in wealthy city neighborhoods, and suggests that these examples rebut “the largely unsupported notion that ever more people want to move ‘back to the city’.” This argument is nonsense for two reasons. The Demand Curve For Sprawl Slopes Downward by Sandy Ikeda There has been a lot of Internet chatter lately about what libertarians ought to think about urban sprawl and its causes, including pieces by Kevin Carson, Austin Bramwell, Randal O’Toole, and Matthew Yglesias. The title of Ben Adler’s post basically sums it up: “If You Love the Free Market, You Should Hate Mandated Suburban Sprawl.” Econ 101 And The Missing Middle by Chris Bradford Some cities build more single-family than multi-family. Some build more multi-family than single-family. But the fourplex is dead. We build very little small-scale multi-family these days, which is why the “missing middle” is a focus of zoning code rewrites and a meme among the New Urbanist crowd. You’re an Urbanist? Excellent. Why Aren’t You a Developer Yet? by R John Anderson This question becomes a bit more pointed when you recognize that many conventional developers are doing work in urban settings under duress or without much of a clue about how to make their efforts fit an urban context. I think the typical generalist/urbanist will do a better job than whatever big development outfits are working in their city. 2. […]

Market Urbanism MUsings September 23, 2016

  1. This week at Market Urbanism: How Houston Regulates Land Use by Nolan Gray Since there seems to be a lot of confusion about land-use regulation and planning in Houston, here’s a quick explainer on what Houston does regulate, doesn’t regulate, and how private covenants shape the city. Urban Design and Social Complexity by Sandy Ikeda A planner can’t build an entire city (or neighborhood even) because she can’t begin to design and construct the necessary diversity and social intricacy that happens spontaneously in a living city. And I don’t think she should even try to because it can irreparably damage, even kill, the living flesh of a city. Episode 3 of the Market Urbanism podcast with Nolan Gray:  Sanford Ikeda on Jane Jacobs My guest this week is Sanford Ikeda, a professor of economics at SUNY Purchase and a visiting scholar at New York University. He has written extensively on urban economics, policy, and planning. Parking In A DC Bike Lane Is Extremely Cost-effective For Drivers by Jim Pagels This extreme lack of parking enforcement jives with my biking experience, during which I routinely have to dangerously swerve, often abruptly, out of the bike lane into car lane traffic due to a car or truck in the bike lane. 2. Where’s Scott? Scott Beyer spent his 3rd week in Phoenix. His Forbes article this week is about how San Francisco’s Bureaucracy, Unions Stifle Modular Housing For Homeless [Unions] oppose Kennedy’s lego housing project because the container units wouldn’t get built in America, and because his simplified construction process doesn’t conform to the local building code. This code…is favored by unions because it increases the time and costs involved in construction, meaning more work for them. 3. At the Market Urbanism Facebook Group: Laura Foote Clark invites us to the YIMBY […]

Market Urbanism MUsings September 16, 2016

  1. This week at Market Urbanism: The “Global Buyers” Argument by Michael Lewyn The argument makes sense only when you add the following premise: housing prices can only be high in the presence of huge numbers of rich foreigners. I really don’t see any reason to take this premise seriously. Home-Sharing and Housing Supply by Michael Lewyn And if turning long-term rentals into short-term rentals is socially harmful, isn’t it even more harmful to prevent those long-term rentals from being built in the first place? Yet government does exactly that through zoning codes- often at the behest of neighborhood homeowners. Visions of Progress: Henry George vs. Jane Jacobs by Sandy Ikeda Much has been written, pro and con, on George’s single tax and also on Jacobs’s battles with planners the likes of Robert Moses, and if you’re interested in those issues you can start with the links provided in this article. Here I would like to contrast their views on the nature of economic progress and the significance of cities in that progress. Urban[ism] Legend: A Home Is A Good Investment by Emily Hamilton pursuing policies that encourage homeownership at the expense of other investment vehicles leaves people of all income levels worse off. Often, home ownership simply leads to higher levels of housing consumption rather than wealth-building. The consequences of buying a home may be dire for low-income families, and for the middle-class the decision should be based on rational calculations rather than the homeownership cheerleading that both parties offer. Airbnb Crowding Out Is A Symptom, Not A Cause Of Housing Shortages by Jim Pagels That Airbnbs may in fact take some small portion** of houses from the optionally relatively fixed full-time housing stock is a symptom, not a cause, of housing shortages and high prices. Asking if […]

Market Urbanism MUsings September 9, 2016

  1. This week at Market Urbanism Shut Out: How Land-Use Regulations Hurt the Poor by Sandy Ikeda My colleague Emily Washington and I are reviewing the literature on how land-use regulations disproportionately raise the cost of real estate for the poor. I’d like to share a few of our findings with you. Are States Really The Solution To Urban Mismanagement? by Matt Robare Cities would finally have to confront their land use and economic development policies, employee compensation and infrastructure management; while states would have to confront their redistribution of revenue to rural areas. While state emergency managers and receivers have turned financially struggling cities around, it’s not hard to think that they might be needed less if cities were free. Market Urbanism Podcast Episode 02: Emily Hamilton on Land-Use Regulation and the Cost of Housing by Nolan Gray The question I am left pondering: how can we convince homeowners—who have a large vested interest in the current system—to support land-use liberalization? Feel free to share your thoughts on this and other topics in today’s episode in the comment section below or with Emily and I on Twitter. Supply and Demand: A Response to 48hills by Jeff Fong No matter what example we look at or how we cut up the data, there’s nothing out there to contradict the basic YIMBY story about supply, demand, and price. Unless, of course, you don’t actually understand the story, which may be the problem in Ms. Bronstein’s case. 2. Where’s Scott? Scott Beyer left Texas this week for Phoenix, stop #8 on his 30-city writing tour. He has settled in the neighboring suburb of Tempe, which is home to Arizona State University and is perhaps the metro’s most intensive urban area. Scott also started a Twitter account this week, and will post […]

Market Urbanism MUsings September 2, 2016

  1. This week at Market Urbanism Palo Alto: The Land of Too Many Jobs by Jeff Fong The status quo isn’t defensible if you’re concerned with environmental degradation, inequality, poverty, slow growth, or even the decline of property rights. But, for tax protected homeowners, the status quo is exactly what they want and that’s reason enough for them to defend it. If Mayor Burt had simply called it like it is—that those in control of Palo Alto land use like the status quo, aren’t concerned with how it affects others, and will continue blocking incremental change—then we could have at least applauded his honesty. When It Comes to Walkability, Mexico City Is Miles Ahead by Nolan Gray Where in many U.S. cities open space is regulated into every single lot through floor area ratio regulations, Mexico City’s developments are dense and public space is efficiently relegated to the city’s ample parks and public spaces. This density and mixture of uses keeps sidewalks busy and safe at nearly all hours of the day. The Answer to Expensive Housing: Build More by Sanford Ikeda 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. Can Housing Quotas Affect Demand For Housing? by Chris Bradford It’s a provocative argument. It turns the Econ 101 arguments upside down. Not surprisingly, it generated a fair amount of annoyed twitter chatter from market urbanists (including me) and sage head-nodding from those who believe new construction begets high home prices. 2. Where’s Scott? Scott Beyer is halfway through the longest single drive of his trip, the 1,000 miles between Austin and Phoenix. He will be stopping in San Antonio, Del Rio, El […]

Market Urbanism MUsings August 26, 2016

    1. This week at Market Urbanism Episode 1 of the Market Urbanism podcast came out this week.  Nolan Gray plans to release new episodes bi-weekly.  The RSS feed is http://feeds.soundcloud.com/users/soundcloud:users:236686274/sounds.rss You can currently find the podcast on Soundcloud and PlayerFM. It will be available within the next few days on iTunes, Stitcher, and TuneIn. If there are other podcasting services you would like me to plug the RSS feed into, please let me know in the comment section below. Cities And The Growth Of Our Collective Brain by Emily Hamilton Sandy Ikeda describes the entrepreneur’s environment as the “action space.” Today, an action space could be in a suburban home for an entrepreneur who creates a digital product that’s sold online. While action space doesn’t necessarily need to be a place of high density, this face-to-face element remains a key part of the world’s most productive action spaces. Economist Sandy Ikeda, a previous MU contributor, is back. Here’s the first of what will be weekly content, published every Tuesday at 10am eastern standard time–How The Housing Market Works In other words, it’s not the entrepreneurs, developers, architects, and construction companies that build very expensive housing in cities like New York that drives up housing prices! Indeed, those people are responding to what they believe buyers are willing to pay, and if they are prevented from building those units the result will be higher prices for everybody. And if you observe housing prices rise despite increasing supply, that probably indicates demand is currently increasing faster than supply. Prices, however, would have been even higher were the government to undertake policies that restricted supply. 2. Where’s Scott? Scott Beyer is spending his last night tomorrow in Austin.  Then he’ll spend a couple days in San Antonio, before leaving Texas. His Forbes article this week […]

Market Urbanism MUsings August 19, 2016

  1. This week at Market Urbanism Buses and Trains: The Turtle and the Hare? by Asher Meyers With buses a relatively safe, cheap and green form of travel, the wisdom of the government favoring trains at great public expense is dubious. This isn’t to say that trains are bad and buses are good—to each his own. But given the trade-offs involved, buses cannot be dismissed as inferior and obsolete—in the real world, budgets are limited and prices matter, so a small sacrifice of time and comfort is worth the savings. Parking Requirements Increase Traffic And Rents. Let’s Abolish Them. by Brent Gaisford Let’s get rid of parking minimums and allow new apartments to be built either without parking, or the reduced amount of parking preferred by developers. People without parking are less likely to drive, and less driving means less traffic. Plus, we’ll be one step closer to reducing our stratospheric rents. 2. Where’s Scott? Scott Beyer is in Austin. His two Forbes articles this week were about how Washington, DC’s Zoning Regulations Target ‘Fast Casual’ Restaurants and Tokyo’s Affordable Housing Strategy: Build, Build, Build The city had 142,417 housing starts in 2014, which was “more than the 83,657 housing permits issued in the state of California (population 38.7m), or the 137,010 houses started in the entire country of England (population 54.3m).” Compare this with the roughly 20,000 new residential units approved annually in New York City, the 23,500 units started in Los Angeles County, and the measly 5,000 homes constructed in 2015 throughout the entire Bay Area. Scott’s previous article on Austin’s rail transit, already well-cited by local media, got additional coverage in the American Spectator. 3. At the Market Urbanism Facebook Group: Adam Hengels on Stark Truth Radio with Robert Stark Ahmed Shaker posted videos of pedestrian and street traffic in […]

Market Urbanism MUsings August 5, 2016

  1. This week at Market Urbanism Does Home-sharing Create Negative Externalities? by Michael Lewyn Homeowners’ fear of being overrun by “transient” renters is based on an outmoded picture of urban life. In a rural area where most people are born and die in the same town, a fear of “transients” may make sense- but urban life is already highly transient. In renter-dominated blocks, people move in and out every year, so transience is already the norm. 2. Where’s Scott? Scott Beyer has, starting tomorrow, one week left in Austin. Tomorrow he’s visiting the southwestern Texas town of San Angelo. His two Forbes articles were about a Houston builder constructing the nation’s largest micro-unit project and Why Austin Needs to Unleash Sixth Street These noise complaints follow the same rationale as complaints now routinely made about new housing, offices or retail. That is, people move into urban areas thinking they will enjoy the benefits of greater density and culture; but when those qualities prove inconvenient, they try to squelch them. Scott’s work was also splashed all over Austin’s local news this week. He did two TV appearances–to discuss the city’s rail transit line and safety on sixth street–and was cited about these issues in the Austin American-Statesman, the Austin Business Journal, Curbed Austin and Austin.com (among other publications). 3. At the Market Urbanism Facebook Group: Ahmed Shaker reports his experiences of Chuadanga, Bangladesh and finds it dense, bustling, full of mixed-uses, and private transportation options are plentiful. Shanu Athiparambath wrote Why Do People Love Their Cities But Hate Urban Living? Todd Litman wrote: Funding Multi-Modalism at Planetizen via Rocco Fama and Christopher Robotham: Donald Shoup and Aaron Renn on the City Journal podcast via Mark Frazier: Does Elon Musk Understand Urban Geometry? via Matt Robare: City taxes as urban growth policies: choosing the taxes that get you […]