William Henderson and B. McGraw talk about housing costs and zoning. Why is the cost of housing continuing to rise? Is it because of investors buying up all the housing? Or are there bigger issues involved? What policies would help fix the problem? This is Part 3 of 3 episodes.
We discuss how zoning affects crime rates, the role of public hearings in housing, and why there are’t more coops and condos in the country. Then, we discuss the principle of incremental rezoning, discuss the fiscal burden of suburban sprawl, and talk about the benefits of a land value tax compared to property tax. Additionally, we discuss whether a vacancy tax would work, the effects of remote work on real estate, technological solutions to the problem, and the effects of banning investor ownership. Finally, we discuss public housing, conversions of office buildings into apartments, and the impacts of rent control.
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0:57 jabde.com armadillo article
2:07 rezoning to fix the homelessness problem
2:27 crime and zoning
3:58 public hearings
5:53 condos and coops
7;51 incremental rezoning
10:24 land value tax
12:30 vacancy tax
13:01 remote work (2nd link)
15:01 technology solutions
18:44 effect of banning investor ownership (2nd link)
20:17 public housing (2nd link) (3rd link)
21:06 converting office buildings to apartments
23:55 rent control
26:28 rent control and mobility
29:29 rent control increases price of non-controlled apartments
31:59 DIW paper on rent control effects
34:16 frankensteining