One common leftist argument against new housing is the "Red Vienna" argument: the claim that housing can only be affordable in places where the government dominates the housing market. Supporters of this claim like to mention Vienna, where (according to progressive lore) Big Brother builds lots and … [Read more...]
A Desire for Density
Political controversies over building new homes, shops, and offices have long revolved around an axis of "neighborhood vs developer." Depending on your perspective, the "neighborhood" side was either the feisty underdogs looking to maintain the character of the neighborhood they love or the … [Read more...]
The Storper paper: not exactly a bombshell
Some commentators are slightly agog over an academic paper by Andres Rodrieguz-Pose and Michael Storper; Richard Florida writes that they shows that " the effect of [housing] supply has been blown far out of proportion. "Most of this paper isn't really about the effect of housing supply on … [Read more...]
High-Rises and Street Life
One common argument against tall buildings is that they reduce street life, because the most expensive high-rises have gyms and other amenities that cause people to stay inside the buildings rather than using the street. Because Manhattan has plenty of high-rises and plenty of street life, I have … [Read more...]
Homeownership and the Warren Housing Bill
Elizabeth Warren’s housing bill has received a lot of love from those who favor of land use liberalization. Like Cory Booker’s housing bill, the Warren bill would seek to encourage state and local land use reform using federal grants as an incentive. Warren’s bill would significantly increase … [Read more...]
Big Media Gets Big Buildings Wrong
While reading someone else's work, I recently ran across an article by David Cay Johnston of the New York Times, claiming that overseas oligarchs turning apartments all over the world into unused "ghost apartments". In this article, Johnston writes: "In Paris, for instance, one apartment in four … [Read more...]
Evidence that home-sharing doesn’t raise rents
A common argument against Airbnb and similar home-sharing companies is that they raise rents, because every apartment used for short-term rentals could be used for long-term rentals. A recent paper by a Spanish Ph.D. candidate suggests otherwise.The paper focused on Santa Monica, California … [Read more...]
Yimbyism: The Evolution of an Idea
Five years ago everything in California felt like a giant (land use policy) dumpster fire. Fast forward to today we live in a completely different world. Yimby activists have pushed policy, swayed elections, and dramatically shifted the overton window on California housing policy. And through this … [Read more...]