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Coming to Your City: National Rent Control
In early January, fifty Democrat members of Congress sent a letter to President Biden. The letter urged him to “to pursue all possible strategies to end corporate price gouging in the real estate Sector….” The letter recommends seven actions Biden can take. Among the most significant is directing the Federal Housing Finance Agency to establish…
Another Folly in Austin
In 2018, Austin adopted a “preference policy” to sell homes to families displaced by gentrification. Six months ago, the city finally got around to actually putting a house on the market. It remains unsold, despite the fact that the house is selling for about 40 percent of Austin’s median sales price. The program is just…
Free Market Solutions to the Housing Crisis: Relaxing Zoning
For a century, zoning has been used to segregate “incompatible” land uses. In most cities, each area of the city mandates that land be used for residential, commercial, or industrial purposes. And in most cities, much of the land (often over 60 percent) is zoned for single-family homes. Defenders of segregating land uses have long…
When “Rights” are Wrong, Part 4
In previous posts we have seen how the “right” to choose asserted by housing advocates leads to the destruction of freedom of choice and how the “right” to stay is an assault on voluntary action. In this post we will examine the third “right” asserted by housing advocates: the right to equal treatment. We will…
Exacerbating the Problem
Progressive Regressive “journalist” Patrick Range McDonald informs us that renters paid a total of $512 billion to landlords in 2019. This, he wants us to believe, is evidence of “corporate landlord greed.” Certainly, that’s a lot of money. However, it proves nothing other than McDonald’s inability to consider the full context. In doing so, he…
A Bill to End Single-family Zoning
A North Carolina senator has introduced a bill that would eliminate single-family zoning throughout the state. The bill would require local governments to allow duplexes, triplexes and fourplexes in all areas zoned for residential. Not surprisingly, local governments are objecting. Local government officials argue that the bill interferes with their power to dictate land use….