On Marginal Revolution, Tyler Cowen linked to a new paper in Real Estate Economics by Anthony W. Orlando and Christian L. Redfearn. It's a simple, empirical paper using data from 8 metro areas in California and Texas. It finds that net new housing creating appears to become more expensive and more … [Read more...]
The Duplex: Gateway Drug to Urban Density
After over a century, Berkeley, California may be about to legalize missing middle housing - and it’s not alone. Bids to re-legalize gradual densification in the form of duplexes, triplexes, fourplexes, and the like have begun to pick up steam over the last several years. In 2019, Oregon legalized … [Read more...]
California Housing Reform: 2021 Edition
Current events being what they are, I’m happy to be writing about something positive. Once again, we’re getting an ambitious housing reform package in the California legislature. The various bills focus on removing obstacles to new housing and are a sign of the growing momentum Yimby activists have … [Read more...]