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Liberalizing cities | From the bottom up

“Market Urbanism” refers to the synthesis of classical liberal economics and ethics (market), with an appreciation of the urban way of life and its benefits to society (urbanism). We advocate for the emergence of bottom up solutions to urban issues, as opposed to ones imposed from the top down.

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  • What Should I Read to Understand Zoning?

Financialization and housing costs

August 21, 2021 By Michael Lewyn

One common explanation for high rents is something called "financialization." Literally, this term of course makes no sense: any form of investment, good or bad, involves finances.But I think that the most common non-incoherent use of the term is something like this: rich people and … [Read more...]

Filed Under: Economics, housing, Michael Lewyn, NIMBYism, Policy, zoning Tagged With: financialization, housing

Why rents aren’t keeping up with house prices

March 3, 2021 By Tom Spencer

Global house prices have been out of control for quite some time. This has helped to reduce economic growth, increase unemployment and was even diagnosed as the greatest cause of inequality in the developed world in a 2016 paper by Matthew Rognlie. However, rents have failed to show the same … [Read more...]

Filed Under: Economics, housing, planning, Uncategorized Tagged With: Economics, housing market, YIMBYism

Latest rent research

February 21, 2021 By Michael Lewyn

A recent paper by UCLA researchers discusses 2019-20 literature on the relationship between new construction and rents. The article discusses five papers; four of them found that new housing consistently lowers rents in nearby buildings.For example, Kate Pennington wrote a paper on the … [Read more...]

Filed Under: Economics, Gentrification, housing, Michael Lewyn, Uncategorized Tagged With: housing, rent

Are Dollar Stores Wiping Out Grocery Stores?

January 29, 2020 By Michael Lewyn

I had always thought dollar stores were a nice thing to have in an urban neighborhood, but recently they have become controversial. Some cities have tried to limit their growth, based on the theory that "they impede opportunities for grocery stores and other businesses to take root and grow." … [Read more...]

Filed Under: Development, Economics, Michael Lewyn, Places & Spaces, planning, Policy, Urban[ism] Legends, zoning Tagged With: dollar

A Desire for Density

June 19, 2019 By Dan Keshet

A desire path in Tottenham, England.

Political controversies over building new homes, shops, and offices have long revolved around an axis of "neighborhood vs developer." Depending on your perspective, the "neighborhood" side was either the feisty underdogs looking to maintain the character of the neighborhood they love or the … [Read more...]

Filed Under: Chris Bradford, Dan Keshet, Economics, housing, zoning Tagged With: density, housing, Market, Market Urbanism

The Storper paper: not exactly a bombshell

May 9, 2019 By Michael Lewyn

Some commentators are slightly agog over an academic paper by Andres Rodrieguz-Pose and Michael Storper; Richard Florida writes that they shows that " the effect of [housing] supply has been blown far out of proportion. "Most of this paper isn't really about the effect of housing supply on … [Read more...]

Filed Under: Economics, Gentrification, housing Tagged With: gentrification, housing, zoning

“Order Without Design”, a new guide to urban planning

December 5, 2018 By Anthony Ling

This book is an attack on current city planning and rebuilding. This is how Jane Jacobs opened her 1961 classic “The Death and Life of Great American Cities”. It wouldn’t be an inappropriate opener for Alain Bertaud’s upcoming “Order Without Design”.While Jacobs was an observer of how cities … [Read more...]

Filed Under: Book Review, Economics, housing, planning, Policy, Transportation, zoning Tagged With: alain bertaud, books, order without design

Housing Still Suffers the Same Ills That Caused the Great Recession—Just Not the Ones You Think

September 25, 2018 By Albert Gustafson

If you type “housing crisis” into Google search, “2008” is no longer the first result. The subprime mortgage crisis that toppled the global economy just a decade ago has been supplanted on Google trends by “housing crisis 2018.” This time, the crisis isn’t an overabundance of housing; it’s a chronic … [Read more...]

Filed Under: Economics, housing, NIMBYism Tagged With: affordable housing crisis, California, Fannie Mae, Freddie Mac, great recession, housing bubble, Kevin Erdmann, nimbyism, subprime mortgage crisis

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