Market Urbanism

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.

Demographics + Transportation Costs + Lower Crime = More Urbanization

By

WSJ: Suburbs a Mile Too Far for Some
Demographic Changes, High Gasoline Prices May Hasten Demand for Urban Living

Messrs. Boseman and Wells embody trends that are dovetailing to potentially reshape a half-century-long pattern of how and where Americans live: The drivable suburb — that bedrock of post-World War II society — is for many a mile too far.

In recent years, a generation of young people, called the millennials, born between the late 1970s and mid-1990s, has combined with baby boomers to rekindle demand for urban living. Today, the subprime-mortgage crisis and $4-a-gallon gasoline are delivering further gut punches by blighting remote subdivisions nationwide and rendering long commutes untenable for middle-class Americans.

Peter Gordon contends that urbanism correlate less with gas prices than crime rates:

Harry Richardson and Soojung Kim and I presented a conference paper earlier this year where we looked at the cycles of suburbanization-exurbanization since 1969. Our Figures 2a-2g and Tables 3-4 and 3-5 show the “rural renaissance” of the early 70s and how that reversed as the price of gasoline spiked in the early 1980s. But the following cycles of reversal of reversal and so forth did not track gasoline prices. The largest metros came back again in the late 1990s when gas prices were very low. The suburbanization-exurbanization-ruralization cycles that we found tracked the ebb and flow of crime rates better than gasoline prices.

It makes sense to me. Those who prefer urban living had possibly been discouraged by higher urban crime rates of the past.

Nonetheless, gas prices will have some long-term effect on where rational people choose to live. If crime continues to subside, could this be the perfect storm? Demographics + higher transportation costs + low crime –> high degrees of urbanization over the next decade.

Let’s hope cities welcome the newcomers by liberalizing their zoning restrictions. Or, better yet, eliminate density and height restrictions, and phase out rent control.

  • Bill Nelson

    Here’san article from the latest issue of The Atlantic that discusses why crime declined in the center of Memphis: Because they demolished the inner-city public housing and dispersed the criminals throughout the city in Section 8 housing. Sounds like a plan! No?

    Also, another way that governments ruin downtowns is to build ghastly convention centers, empty baseball stadiums (except for a few hours, 81 times a year), and other “urban renewal” schemes that make the city centers appear even more foreboding — and permanently ruin any chance at recovering street activity.

    (And that’s to say nothing of the taxpayer subsidies involved — and the illegitimate confiscation of private property, by eminent domain, to accomplish all this.)

  • Bill Nelson

    Here’san article from the latest issue of The Atlantic that discusses why crime declined in the center of Memphis: Because they demolished the inner-city public housing and dispersed the criminals throughout the city in Section 8 housing. Sounds like a plan! No?

    Also, another way that governments ruin downtowns is to build ghastly convention centers, empty baseball stadiums (except for a few hours, 81 times a year), and other “urban renewal” schemes that make the city centers appear even more foreboding — and permanently ruin any chance at recovering street activity.

    (And that’s to say nothing of the taxpayer subsidies involved — and the illegitimate confiscation of private property, by eminent domain, to accomplish all this.)

  • Very interesting article.

    These people think they can help poor people by stripping away their dignity and making them dependent on policy decisions of what’s right for them. And they wonder why generations of poverty and crime persist.

  • Very interesting article.

    These people think they can help poor people by stripping away their dignity and making them dependent on policy decisions of what’s right for them. And they wonder why generations of poverty and crime persist.

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