A recent paper by UCLA researchers discusses 2019-20 literature on the relationship between new construction and rents. The article discusses five papers; four of them found that new housing consistently lowers rents in nearby buildings.For example, Kate Pennington wrote a paper on the … [Read more...]
Why Houston Isn’t An Argument for Zoning
Someone just posted a video on Youtube using Houston, Texas as an argument in favor of zoning. The logic of the video is: Houston is horrible; Houston has no zoning; therefore every city should have conventional zoning.This video and its logic are impressively wrong, for several reasons. … [Read more...]
What’s Wrong With Hong Kong?
One common argument against new housing is that the laws of supply and demand simply don’t apply to dense cities like New York, San Francisco ands Hong Kong, because new housing or upzoning might raise land prices.* After all (some people argue) Hong Kong is really dense and really … [Read more...]
Are Dollar Stores Wiping Out Grocery Stores?
I had always thought dollar stores were a nice thing to have in an urban neighborhood, but recently they have become controversial. Some cities have tried to limit their growth, based on the theory that "they impede opportunities for grocery stores and other businesses to take root and grow." … [Read more...]
Even NIMBYs should be YIMBYs
Jeremiah Moss, a New York blogger, just wrote a long article complaining about the bad habits of his new neighbors in the East Village. I suspect many, if not most readers, of his article would think: maybe we need to zone out new housing to keep out the yuppies!But it seems to me that this … [Read more...]
For once I agree with the NIMBYs: please don’t turn my neighborhood into Dubai- because Dubai isn’t dense enough!
One common argument against new housing is that it will turn "[neighborhood at issue] into Dubai." Evidently, some people think Dubai is a hellscape of super-dense skyscapers.In fact, Many Dubai neighborhoods aren't very dense at all.There is one Dubai neighborhood that is more dense than … [Read more...]
More evidence that sunlight is no crisis
In my email box today, I received a message from an anti-housing group, touting a study from the localize.city website* on sunlight on New York neighborhoods. The purpose of the study is to show which neighborhoods have the least sunlight.The study found that 27 of the city's allegedly … [Read more...]
The Paper of Record Gets Yorkville Wrong
Even the most supposedly reputable mainstream media is often less than careful in its coverage of housing issues. For example, a few weeks ago the New York Times ran an article on the Upper East Side's Yorkville neighborhood, implying that high-rises are "erasing their community's … [Read more...]