Regular reader, Bill forwarded this article from the New York Daily News calling it an "outstanding collection of anti-density and anti-market propaganda presented (as always) as objective journalism." The article is riddled with misconceptions (aka Urbanism Legends) about zoning and development … [Read more...]
Socialist Cities
So, you think the planners in your area are taking something a little too far? Be glad you aren't in Venezuela...I wish I could link to the article by Michael Mehaffy in The Urban Land Institute's May edition of Urban Land titled "Venezuela's New Socialist Cities", but ULI doesn't provide the … [Read more...]
Want Density? Turn the Free Market Loose
Matthew Yglesias - What Price Density The solution, as Ryan Avent says, is to build denser communities. We ought to build more transit infrastructure, of course, but it's cheaper to use what we already have more intensively. And, of course, it's more practical to build new infrastructure if there's … [Read more...]
California’s Water Resources vs Development
There are some good articles out there this morning, I want to share them with you...Rationalitate - California developments halted over waterWhile the knee-jerk libertarian reaction might be disgust, I think the markets are probably ruined by the government, and current pricing isn't what … [Read more...]
Over 200 Illegal Hotel Buildings in NYC
From AMNY: Report: 200 illegal hotels exist in the cityThere are more than 200 apartment buildings in the city that have been illegally converted to hotels, according to a report released Sunday, significantly reducing the number of rent-stabilized units available. ... Illegal hotel operators … [Read more...]
Rent Control Part 4: Conclusion and Solutions
Welcome to the final post in the series discussing the consequences of rent control. Thank you to the subscribers who have patiently awaited each new post. I hope everyone found it enlightening. If you haven't read the entire series, you can catch up with these links: Rent Control Part One: … [Read more...]
Rent Control Part 3: Mobility, Regional Growth, Development and Class Conflict
Part One of this series was a refresher on the Microeconomics of Rent Control and touched on how it encourages hoarding Part Two discussed rent controls influence on the black market for apartments, rental property deterioration and housing discrimination. Here in Part Three, we will discuss how … [Read more...]
Bribery for Property Rights: Federal Charges in Chicago
NBC5 has an update listing the people involved and video here: New Corruption Charges Hit Building, Zoning DepartmentsChicago Tribune: U.S. to announce charges against 15 in city bribe-taking probe (thanks to Dan M. for the tip) Federal authorities are set to announce charges Thursday against … [Read more...]