Ever since zoning was invented in the 1920s, homeowners have argued that limits on density and on multifamily housing are necessary to protect property values. But today, urban NIMBYs seek to prevent new housing on the ground that new housing will lead to gentrification, which will in turn lead to … [Read more...]
Congressional Housing Subsidies Won’t Lower DC Housing Prices, But Liberalizing Zoning Will
During his last days in office, former Representative Jason Chaffetz must have forgotten he is supposed to be a fiscal conservative. His recent comments that members of Congress need $2,500 stipends to afford housing in DC reflect a complete ignorance of both the reasons for high housing prices and … [Read more...]
(Not So) Infinite Demand
In a recent blog post, Julia Galef has generated a fairly comprehensive list of pro-housing arguments and counterarguments to those arguments.She gives the most detailed consideration to the "infinite demand" argument- in her words,“So even if SF adds a lot of additional housing, prices will … [Read more...]
More on “Empty Houses”
I recently saw a Facebook post asserting that San Francisco has 30,000 vacant units, so therefore no market-rate housing should be built. So I looked up Census data on these allegedly empty units.It is true, according to the Census Factfinder website, that there are 30,000 or so unoccupied … [Read more...]
The Color of Law: A Forgotten History of How Our Government Segregated America
Richard Rothstein’s “The Color of Law: A Forgotten History of How Our Government Segregated America” should be required reading for YIMBYs and urbanists of any ideological stripe. Rothstein argues that housing segregation in the US has been the intentional outcome of policy decisions made at every … [Read more...]
People Over Process: Why Democracy Doesn’t Justify Exclusion
Some people accept the idea that restrictive land use policy is just as bad as all the research suggests, but persist in supporting the status quo. They argue that if a community chooses to regulate its built environment, that choice should be respected as having moral weight because it’s the … [Read more...]
Is inclusionary zoning legal?
Market Urbanism may soon have a hearing in the Supreme Court. Two of my colleagues at the Mercatus Center, Sandy Ikeda, half a dozen other professors, and I argue that the Court should take up the case 616 Croft Ave., LLC, v. City of West Hollywood. The case is an opportunity for the Court … [Read more...]
Empty Houses, part 2
The most interesting comment to my last post focused on one narrow issue: to what extent are vacant housing units second homes (and thus presumably less likely to be rented out) as opposed to units for rent/sale or held for other unknown reasons?Why does this matter? Because one might argue … [Read more...]