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...]
A Recipe to Destroy Affordability in Any City.
Austin Contrarian discusses an article that describes how Seattle has become less affordable in recent years. He prescribes a recipe for Austin to become what he calls a "Superstar City" such as New York, Boston, San Francisco, or Seattle. By "Superstar City", I assume he means an ultra-hip place … [Read more...]
Carroll Gardens: Sign the Pro-Development Petition
Whoever is putting together this petition, please let Market Urbanism readers know how to sign the petition.Gowanus Lounge: Carroll Gardens Rumor Mill: "Pro-Development" Petition? … [Read more...]
NIMBYs sue to force developer to “protect character”
Nearby residents want to stall Columbus Village from being their Upper West Side neighbor.The myth that dense development is bad for the environment continues... Maybe high-priced attorneys help propagate these myths at the expense of the environment and supply of housing for the sake of their … [Read more...]