Yesterday the Cato Institute hosted an event featuring William Fischel's discussion of his new book Zoning Rules! with commentary by Mark Calabria, Matt Yglesias, and Robert Dietz. Fischel explained his theory that zoning was an effective tool for minimizing nuisances between land uses through the … [Read more...]
San Francisco Turned Sisyphus: Why the City Can’t Fix the Housing Crisis On its Own
Housing prices in San Francisco are obscene. And, in large part, that’s because the city hasn’t permitted enough new construction. But that’s not the entire story. For as hard as San Francisco has resisted development, the Peninsula cities have resisted it even more. And in so doing they’ve pushed … [Read more...]
Urban[ism] Legend: The Free Market Can’t Provide Affordable Housing
Over at Greater Greater Washington, Ms. Cheryl Cort attempts to temper expectations of what she calls the “libertarian view (a more right-leaning view in our region)” on affordable housing. It is certainly reassuring to see the cosmopolitan left and the pro-market right begin to warm to the … [Read more...]
Only 2 Ways to Fight Gentrification (you’re not going to like one of them)
Gentrification is the result of powerful economic forces. Those who misunderstand the nature of the economic forces at play, risk misdirecting those forces. Misdirection can exasperate city-wide displacement. Before discussing solutions to fighting gentrification, it is important to accept that … [Read more...]
How to Fix San Francisco’s Housing Market
Want to live in San Francisco? No problem, that’ll be $3,000 (a month)--but only if you act fast.In the last two years, the the cost of housing in San Francisco has increased 47% and shows no signs of stopping. Longtime residents find themselves priced out of town, the most vulnerable of whom … [Read more...]
On the Mixing of Incompatible Uses and Incumbency
I noticed an interestingly ironic thing today.The usual argument for the necessity of use-based zoning is that it protects homeowners in residential area from uses that would potentially create negative externalities - ie: smelting factory, garbage dump, or Sriracha factory.Urban Economics … [Read more...]
Planned Manufacturing Districts: Planning the Life Out of Districts
They are called different things in different cities, but they are similar in form and intent among the cities where they are found. For simplicity's sake, a Planned Manufacturing District (PMD), as they are called in Chicago, is an area of land, defined by zoning, that prohibits residential … [Read more...]
How Land Prices Obviate the Need for Euclidean Zoning
https://www.youtube.com/watch?v=n-zESacteu4Yesterday, Reason TV released a video comparing Houston with more heavily regulated East Coast cities, explaining that Houston's relatively lax land use regulations contribute to its housing costs that are much lower than in other large cities. While the … [Read more...]