With the referendum approaching, the debate over rent control is heating up in California. This video is pretty balanced in showing both sides. There are some memorable quotes, like "social security and pension plan would not pay the market rent, so I just wouldn't eat." I guess this guy values … [Read more...]
Rent Control Part 1: Microeconomics Lesson & Hoarding
This post has been released as the first in a four part series: Rent Control Part One: Microeconomics Lesson and Hoarding Rent Control Part Two: Black Market, Deterioration, and Discrimination Rent Control Part Three: Mobility, Regional Growth, Development, and Class Conflict Rent Control Part … [Read more...]
Markets for Parking
Matthew Yglesias: Parking How much will they pay? Well, it's hard to know in advance which is why you need markets. But that's what you should have -- as much parking as the market will bear. Not government-mandated parking, and not government-provided free or discount parking. Let people build … [Read more...]