Letter to Senator Fain: The High Cost of Affordable Housing
I’ve been writing a bit more at Forbes this last couple weeks. But I thought I’d spark some interest here too on the same theme I’ve been pushing lately on Forbes, the high costs of affordable housing. I’m not sure it’ll get very far, but I’d like to see the legislature take on this issue […]
Hide and Seek: City’s Consultant Warns Don’t Interpret Residual Land Value “Literally”
The City has stubbornly resisted telling anyone how they intend to implement their version of Mandatory Inclusionary Zoning (MIZ), something they call Mandatory Housing Affordability – Residential (MHA). Some of the furtiveness comes from the fact that City staff are truly making stuff up as they go using guesses and back of the envelope assessments. […]
Rent Control: Large Corporate Land Lords Win
I’ve already covered the folly of rent control and really all price controls in other posts. When government tries to control prices because of inflation, prices simply go up and supply disappears. Without any motivation to produce more housing it becomes even more scarce. Furthermore, housing becomes more difficult to maintain and operate because mosts costs […]