housing costs

Don't Blame the Rich for High Rents

One common explanation for the high housing costs of New York and San Francisco is that the wealthy are pricing everyone else out of the market.  According to this narrative, there are so many obscenely wealthy people in such cities that developers are only building housing for the rich, thus m... read more »

walkable regions and real estate values

Pundit Matt Yglesias has dug up some interesting Federal Reserve-compiled data on regional housing prices.  He compares today's housing prices not to those of the mid-2000s real estate boom, but to 1998 pre-boom housing prices.  The Fed's data shows that some regions have experienced ... read more »

Housing costs and centralization

In my limited experience, commentators who oppose regional land use regulations like urban growth boundaries (or at least worry about the impact of such regulations on housing costs) tend to favor keeping cities constrained within their 1950 boundaries, while people who favor such regulations t... read more »