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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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Where sale prices are going up

September 23, 2024 By Michael Lewyn

The conventional wisdom (based on Census estimates) seems to me that urban cores have lost population since COVID began, but are beginning to recover. But mid-decade Census estimates are often quite flawed. These estimates are basically just guesses based on complicated mathetmatical formulas, and … [Read more...]

Filed Under: housing, MUsings, Uncategorized

Toward an Erdmann synthesis

September 6, 2024 By Salim Furth

Kevin Erdmann has a good op-ed in the Washington Post today, arguing one of the two core points that have defined his work for the past several years: Fannie and Freddie have set credit standards too high since 2007. (His other core point, that "closed access" superstar cities have made it too hard … [Read more...]

Filed Under: Economics, housing Tagged With: Fannie Mae, Freddie Mac, mortgage, mortgage interest deduction, subsidization

Harris’ housing target: Compared to what?

August 19, 2024 By Salim Furth

Democratic nominee Kamala Harris has pledged to work towards the construction of 3 million new housing units during her term. Setting aside the methods, what does that mean? And, as she said in a speech last week, would it "end America's housing shortage"?First, it's pretty obvious that Harris … [Read more...]

Filed Under: Economics, housing Tagged With: Democrats, Growth, politics

Lessons from Cities and the Wealth of Nations: a manual for urban policymakers

July 12, 2024 By Adam Louis Sebastian Lehodey

Jacobs' adopted city of Toronto; source: Unsplash.Continuing this series of book reviews on Jane Jacobs’ works, I now turn to Cities and the Wealth of Nations. But there is already a fantastic piece on the Market Urbanism website, by Matthew Robare, who reviews this book and outlines what Jacobs … [Read more...]

Filed Under: Book Review, Culture & Books, Development, Economics, housing, Jane Jacobs, Zoning Tagged With: Jane Jacobs, Mayors, Urban Economics, Urban Governance

Swimming against the tide

July 3, 2024 By Michael Lewyn

One common anti-urbanist argument is that families simply don't want to live in cities. But analysis by New York's Department of City Planning (DCP) also shows that prosperous parts of New York City generally added children, at least in the decade before the rise of the COVID-19 virus.DCP … [Read more...]

Filed Under: housing

The Death and Life of Great American Cities, Revisited

June 13, 2024 By Adam Louis Sebastian Lehodey

Jane Jacobs’ The Death and Life of Great American Cities, published in 1961, revolutionised urban theory. This essay kicks off a series exploring Jacobs’ influential ideas and their potential to address today’s urban challenges and enhance city living.Adam Louis Sebastian Lehodey, the author of … [Read more...]

Filed Under: Book Review, Culture & Books, Development, housing, Jane Jacobs Tagged With: density, Jane Jacobs, urban renewal

The benefit-cost ratio of U.S. social housing

May 30, 2024 By Salim Furth

Via The Excellent Kevin Lewis, here's a paper that tries - at least - to estimate the benefit-cost ratio of the most common types of social housing in the U.S.Edgar Olsen and Dirk Early estimate that Housing Choice Vouchers - aka Section 8 - have a respectable benefit to taxpayer cost of 77%. … [Read more...]

Filed Under: housing Tagged With: housing vouchers, LIHTC, public housing, subsidization, vouchers

Review: Escaping the Housing Trap: The Strong Towns Response to the Housing Crisis

May 27, 2024 By Michael Lewyn

In Escaping the Housing Trap, Charles Marohn and Daniel Herriges address the role of zoning in creating the housing crisis. Like some other recent books (most notably by Nolan Gray and Bryan Caplan) this book shows how zoning limits housing supply and thus has led to our current housing crisis. … [Read more...]

Filed Under: Book Review, housing, Zoning Tagged With: Strong Towns

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