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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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Video: Both Sides of Proposition 98

May 28, 2008 By Adam Hengels

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...]

Filed Under: rent control, video Tagged With: affordable housing, California, Economics, housing, microeconomics, property rights, proposition 98, rent control, San Francisco, video

Rent Control Part 3: Mobility, Regional Growth, Development and Class Conflict

May 28, 2008 By Adam Hengels

Part One of this series was a refresher on the Microeconomics of Rent Control and touched on how it encourages hoarding Part Two discussed rent controls influence on the black market for apartments, rental property deterioration and housing discrimination. Here in Part Three, we will discuss how … [Read more...]

Filed Under: rent control Tagged With: affordable housing, class conflict, development, discrimination, Economics, employment, Free-market, gentrification, housing, landlord, mobility, nyc, peter cooper village, regional growth, rent, rent control, rent stabilization, rent-regulated, segregation, stuyvesant town, taxes, tenant, Walter Block

Rent Control Part 2: Black Market, Deterioration and Discrimination

May 23, 2008 By Adam Hengels

With New York's new Governor's rent subsidized by his landlord and California debating the best ways to end rent control through Proposition 98, I thought it was a good opportunity to discuss the negative aspects of rent control.This post is the second in a four part series on the rent control. … [Read more...]

Filed Under: rent control Tagged With: black market, bronx, bronx is burning, California, discrimination, Economics, Free-market, housing, Ilya Somin, microeconomics, nyc, proposition 98, rent, rent control, rent stabilization, rent-regulated, segregation

Bribery for Property Rights: Federal Charges in Chicago

May 22, 2008 By Adam Hengels

NBC5 has an update listing the people involved and video here: New Corruption Charges Hit Building, Zoning DepartmentsChicago Tribune: U.S. to announce charges against 15 in city bribe-taking probe (thanks to Dan M. for the tip) Federal authorities are set to announce charges Thursday against … [Read more...]

Filed Under: corruption, zoning Tagged With: Chicago, corruption, development, downzoning, NIMBY, politics, property rights, Tony Rezko, zoning

“Green” Parking Garage in Chicago. Oxymoron?

May 22, 2008 By Adam Hengels

Developer, Al Friedman plans to build a "green" parking garage in Chicago's Streeterville neighborhood, where development has replaced many surface lots. (Crain's)Environmentally speaking, it's probably better than a surface lot and frees up more space for productive development. But, can the … [Read more...]

Filed Under: Transportation Tagged With: Chicago, green buildings, parking, parking structures

Lower East Side Now “Endangered”?

May 21, 2008 By Adam Hengels

photo by flickr user paytoncThe National Trust for Historic Preservation announced that New York City's Lower East Side, famous for it's history of tenements and slums, is one of 11 architectural, cultural, and natural heritage sites that are most at risk "for destruction or irreparable damage." … [Read more...]

Filed Under: zoning Tagged With: downzoning, gentrification, Historic, historic landmark, landmark, lower east side, national trust for historic preservation, neighborhood, nyc, slums, tenements, zoning

Rent Control Part 1: Microeconomics Lesson & Hoarding

May 21, 2008 By Adam Hengels

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...]

Filed Under: Economics, rent control, video Tagged With: Alex Tabarrok, Assar Lindbeck, bombing, California, Economics, Free-market, housing, landlord, microeconomics, nyc, Professor Richard McKenzie, proposition 98, rent, rent control, rent stabilization, rent-regulated, San Francisco, tenant, video

$12.8b Bid for PA Turnpike

May 20, 2008 By Adam Hengels

From Toll Road News: With a bid of $12.8 billion an Abertis/Citi team has been selected as the concessionaire in a 75 year lease of the Pennsylvania Turnpike. The bids were received in a second round of best-&-final offer bids last Friday (May 16). #2 bidder was Transurban/Goldman Sachs at … [Read more...]

Filed Under: privatization, Transportation Tagged With: highways, pa turnpike, patronage, privatization

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