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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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Rent Control is How the Rich Outbid Less-Affluent People for Valuable Land

September 12, 2022 By Salim Furth

Several homes in my neighborhood have sold recently, each more expensive than the last. The priciest was a lovely home that drew $1.65 million at the peak of this spring's market. Takoma Park is a great place to live. It's also the only jurisdiction in the region that has rent control. As a … [Read more...]

Filed Under: rent control, Uncategorized, Urban[ism] Legends Tagged With: Maryland, rent control

Rent Control Again

May 24, 2017 By Michael Lewyn

A blog post in Pacific Standard seeks to defend rent control- an idea that, as the author admits, is generally detested by economists. The author writes that "rent regulations give tenants a greater stake in their community and incentivize them to put time, energy, and even money into their … [Read more...]

Filed Under: Gentrification, rent control Tagged With: rent control

Rent Control Is Bad For Both Landlords And Tenants

April 2, 2016 By Caleb Malik

When laypeople hear the phrase “rent control”, they typically conjure up one of a few images. Tenants imagine easy street, a world where housing is ridiculously low cost. Maybe they think of rent control in NYC, where they saw the characters from Friends live in large apartments for far below market … [Read more...]

Filed Under: Economics, housing, rent control Tagged With: housing, rent control, San Diego, seattle

Market Urbanism MUsings March 18, 2016

March 18, 2016 By Adam Hengels

1. This week at Market Urbanism: Nolan Gray's latest post, Liberate the Garage!: Autonomous Cars and the American Dream At present, zoning laws effectively prohibit entrepreneurs from using their garages for business. In many Americans cities, hiring employees, hosting visitors, putting up … [Read more...]

Filed Under: MUsings Tagged With: Aaron Renn, airbnb, driverless cars, Houston, Miami, rent control, San Francisco, uber

Rent Control: A No-Win

March 15, 2016 By Michael Lewyn

In an otherwise excellent article on NIMBYism and luxury housing, affordable housing consultant Rick Jacobus writes: “economist Anthony Downs reviewed the published studies and found that while 'stringent' rent control imposed over a very long time had reduced private apartment construction in the … [Read more...]

Filed Under: Economics, housing, rent control Tagged With: rent control

The Case Against Rent Control

November 12, 2014 By Robert Murphey

case against rent control

To someone ignorant of economic reasoning, rent control seems like a great policy. It appears instantly to provide “affordable housing” to poor tenants, while the only apparent downside is a reduction in the income flowing to the fat-cat landlords, people who literally own buildings in major cities … [Read more...]

Filed Under: rent control Tagged With: rent control

Ending rent control may not lower prices for non-regulated units

June 22, 2012 By Stephen Smith

That's one takeaway from a paper sent to me by one of its co-authors, Andy Garin, at MIT, on the effects of the end of rent control in Massachusetts in 1995 on property values in Cambridge. Fascinating topic, and much thanks to Andy for sending it to me – it's always nice when other people write my … [Read more...]

Filed Under: rent control Tagged With: Boston, rent control

Rent Control: Trying to Make a Bad Policy Worse in NYC

June 17, 2011 By Emily Hamilton

NYC Rent Control

In New York, lawmakers are currently debating a compromise between New York City and upstate interests to change the policies that shape residents' housing costs. New York City lawmakers are fighting for an extension and expansion of current rent control laws, while Governor Cuomo wants to tie this … [Read more...]

Filed Under: housing, rent control Tagged With: nyc, rent control

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