HUD has released 2015 building permit tallies. Austin’s tallies for 2015: Single Family Units: 2,846 Duplex units: 326 Units in 3-4 unit buildings: 30 Units in 5+ unit buildings: 6,890 This bipolar split is typical of American cities. Some cities build more single-family than … [Read more...]
NIMBYism as an Argument Against Urbanism
In his new book The Human City, Joel Kotkin tries to use NIMBYism as an argument against urbanism. He 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'." … [Read more...]
Airbnb Crowding Out Is A Symptom, Not A Cause Of Housing Shortages
When journalists, NIMBYs, politicians, and activists make claims about Airbnb taking potential full-time housing stock and converting it to leisure space, they operate under the assumption that the housing supply must be fixed. This assumption is half true: By no means must the housing … [Read more...]
Home-Sharing and Housing Supply
One common argument against Airbnb and other home-sharing companies is that they reduce housing supply by taking housing units off the long-term market.* As I have written elsewhere, I don't think home-sharing affects housing supply enough to matter. But even leaving aside the empirical question of … [Read more...]
Shut Out: How Land-Use Regulations Hurt the Poor
People sometimes support regulations, often with the best of intentions, but these wind up creating outcomes they don’t like. Land-use regulations are a prime example. My colleague Emily Washington and I are reviewing the literature on how land-use regulations disproportionately raise the cost of … [Read more...]
The Answer to Expensive Housing: Build More
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. One reporter for the Washington Post gets it. In a hopeful sign of spreading economic literacy, … [Read more...]
Palo Alto: The Land of Too Many Jobs
Co-authored by Tony Albert and Jeff Fong SF Curbed recently sat down with Patrick Burt, Mayor of Palo Alto, to get his response to the high profile resignation of Kate Vershov Downing. Downing, of course, was the Palo Alto Planning Commissioner who publicly announced that she will move her family … [Read more...]
Cities And The Growth Of Our Collective Brain
In his famous 2010 Ted Talk Matt Ridley points out that a growing human population has facilitated increasing standards of living because more people means a faster growth rate of innovation. He explains that humans' propensity to exchange means that as a society we all benefit from each other's … [Read more...]
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