Briefly, by simply eliminating the rent-seeking laws of zoning density restrictions and also eliminating overuse of historic landmark status, market forces will

Briefly, by simply eliminating the rent-seeking laws of zoning density restrictions and also eliminating overuse of historic landmark status, market forces will take care of the rest. Unfortunately he doesn't make a coherent argument that will actually happen (other than, more or less: "Just close your eyes and pretend it's 1920 again. Or OK, if that doesn't work, pretend that Manhattan is just like Atlanta or Houston.") Completely ignoring the fact that a whole host of fundamental factors have completely changed in the intervening time; and the rather obvious negative side effects of some of the measure he proposes, as well (like "drastically raising building limits" and its actual effect on median rents in surrounding neighborhoods, for example). I mean, sure he's a respected academic, and all. But he's just not making a coherent argument.