In the comments of a previous post, readers discussed the incentives facing different types of landowners whose properties are facing potential upzoning, demonstrating just how complicated the relationship between land use regulations and property values is. As I see it, theory tells us that … [Read more...]
Cities and the Market Process: Part 2
In the first post of this little series, I addressed the problems of top down land use regulation through the lens of Austrian economics. Because cities contain public space and infrastructure that is used by many residents and cannot be bought and sold in the way that many goods can be, Alon Levy … [Read more...]
Cities and the Market Process: Part 1
In a post about the tendency for emergent urbanists to promote the idea of cities having a single equilibrium, Alon Levy recently wrote that collective choice is the best manner for determining urban form. Many urbanists accept that some of the top-down regulations that limit density or use are … [Read more...]
Transit Oriented Development in Chevy Chase
In Chevy Chase, MD county planners have revised plans for the Chevy Chase Lake Sector from high rise, mixed-use development to low-rise, primarily residential buildings. The trigger to allow for higher-density development will be the arrival of the Purple Line, a proposed light rail that would … [Read more...]
Covenants as a substitute for Euclidean zoning
Recently, Adam, Stephen, and I did a podcast with Jake at The Voluntary Life about The Voluntary City. The book is a collection of papers on free market solutions to urban challenges, and we will post a link to the podcast here when it's available. In one chapter of the book, Stephen Davies … [Read more...]
A Tale of Two Densities
I was catching up on posts over at The Old Urbanist, and came across his astute analysis of setbacks that many of you probably saw a while back. Focusing on the requirement for large front lawns in many towns across the country, Charlie Gardner writes: Whether this reflects a continuing … [Read more...]
Clear case of the damages inherent in policy uncertainty
Current policy evolution in Los Gatos, CA demonstrates the power that urban planners have to alter property rights. The Silicon Valley municipality is currently debating whether or not to upzone a parcel where a developer would like to build 550,000 square feet of office space, replacing 250,000 … [Read more...]
The Little-Known History of “Light and Air”
"Light and air" is a very common excuse that people give for why we must have basic zoning laws, and while nowadays a lot of people mean it simply in an aesthetic sense – another way of saying "I like to be able to look out a window and not see another skyscraper 50 feet away" (though for some … [Read more...]
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