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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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The “Empty House” Theory

May 26, 2017 By Michael Lewyn

The “Empty House” Theory

One common argument against new urban housing runs as follows: "If we build new housing, it will all be bought up by rich investors who will sit on it.  So new supply doesn't restrain housing costs."  This argument (at least as I have phrased it) strikes me as absurd.  Here's why: for the argument … [Read more...]

Filed Under: housing, Michael Lewyn, NIMBYism, Urban[ism] Legends Tagged With: housing crisis, housing market

YIMBYism: Its Not Just For Conservatives

May 23, 2017 By Michael Lewyn

YIMBYism: Its Not Just For Conservatives

Last week, I posted about an attack on YIMBYs (activists who favor less zoning and more housing) that used the term "alt-right"; the authors of that blog post recently doubled down with a slightly more moderate op-ed that still tarred YIMBYs as  "aligned with conservative right-wing … [Read more...]

Filed Under: housing, NIMBYism

What makes Philadelphia so affordable?

May 18, 2017 By Emily Hamilton

What makes Philadelphia so affordable?

In 2005, Joseph Gyourko published an economic history of Philadelphia. He explored the economic and policy factors that contributed to its population and job loss during the twentieth century. Gyourko's outlook for Philadelphia was pessimistic. He argued that the city lacked the supply of skilled … [Read more...]

Filed Under: Economics, housing

How Governments Outlaw Affordable Housing

May 17, 2017 By Ryan McMaken

How Governments Outlaw Affordable Housing

This post was originally published at mises.org and reposted under a creative commons license.It's no secret that in coastal cities — plus some interior cities like Denver — rents and home prices are up significantly since 2009. In many areas, prices are above what they were at the peak of the … [Read more...]

Filed Under: Economics, history, housing, zoning Tagged With: affordable housing, Free-market, history, housing, inclusionary zoning, regulation, zoning

An Attack on Market Urbanism

May 15, 2017 By Michael Lewyn

An Attack on Market Urbanism

The far-left "TruthOut" web page recently published an attack on YIMBYs,* describing them as an "Alt-Right" group (despite the fact that the Obama Administration is pro-YIMBY).  I was surprised how little substance there was to the article; most of it was various ad-hominem attacks on YIMBY … [Read more...]

Filed Under: Gentrification, housing, Michael Lewyn, NIMBYism, Policy Tagged With: alt-right, San Francisco, truthout, yimby

A Guide to Urban Development [Guia de Gestão Urbana]

May 10, 2017 By Jeff Fong

A Guide to Urban Development [Guia de Gestão Urbana]

Caos Planejado, in conjunction with Editora BEI/ArqFuturo, recently published A Guide to Urban Development (Guia de Gestão Urbana) by Anthony Ling. The book offers best practices for urban design and although it was written for a Brazilian audience, many of its recommendations have universal … [Read more...]

Filed Under: Book Review, Development, Economics, housing, infrastructure, planning, Policy, privatization, Transportation, Uncategorized, zoning Tagged With: Brazil, infrastructure, mobility, policy, zoning

Where The Permits Are

March 16, 2017 By Michael Lewyn

Thanks to Stephen Smith, I recently ran across an interesting database: HUD data on building permits by municipality.   So I decided to find the number of permits per 1,000 for a wide variety of cities, focusing on (1) multifamily permits (because rising rent is a bigger problem in most places than … [Read more...]

Filed Under: housing Tagged With: housing, permits

The “Foreign Buyers” Argument

March 8, 2017 By Michael Lewyn

A common argument against new housing supply is that in high-cost cities such as New York, demand from foreign buyers is so overwhelming as to make new supply irrelevant.  A recent study (available here) by two business school professors suggests otherwise.  The study does show more foreign … [Read more...]

Filed Under: housing, Michael Lewyn, Policy Tagged With: new york, prices

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