Want to live in San Francisco? No problem, that’ll be $3,000 (a month)--but only if you act fast. In the last two years, the the cost of housing in San Francisco has increased 47% and shows no signs of stopping. Longtime residents find themselves priced out of town, the most vulnerable of whom … [Read more...]
Cities, Zoning, and Industry
D.C.'s Uline Arena – once a trash transfer station, now an indoor parking lot American cities have been on the rebound for about two decades now, with once moribund residential and commercial neighborhoods springing back to life. … [Read more...]
Does Urban Growth Have to Mean Gentrification?
When libertarians (and liberals) argue that increasing the supply of urban housing will lower the price of urban housing, they’re drawing on some pretty basic and well-established economic concepts. And yet, the coexistence of gentrification and housing supply growth seem to put a lie to that theory … [Read more...]
This is how gentrification happens: Northwest DC and the height restriction
Lydia DePillis wrote the Washington City Paper's cover story on the case for Congress overturning DC's height limit, which should be very familiar to readers of this blog. It's got some interesting history in it (DC's height limit was apparently influenced by George Washington's personal aesthetics, … [Read more...]
Your consolation link list
Apologies to everyone for the light posting – over the next few weeks I may be a bit busy with job and internship applications (any suggestions for work or job offers would be very much appreciated!), but hopefully I'll still be able to put up a few posts a week. But for now, all you get is this … [Read more...]
Undead Ideas: Rent Control
In these days of economists constantly debating the right way to revive the economy, it seems like there is no way to find consensus among economists. Economists don’t spend much time debating the issues they agree on, and to them, rent control is about as dead an issue as the earth revolving … [Read more...]
Friday Humor: White People in Portland
Loyal reader, Bill tipped me off to this blog and I've subscribed to the feed ever since. Today's post was particularly relevant: White People in the News - May 30, 2008 Isn't this photo classic? The comments on the blog are always fun to read too... … [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...]