Harvard economist Edward Glaeser; author of the book Triumph of the City: How Our Greatest Invention Makes Us Richer, Smarter, Greener, Healthier, and Happier;

Harvard economist Edward Glaeser; author of the book Triumph of the City: How Our Greatest Invention Makes Us Richer, Smarter, Greener, Healthier, and Happier; has written about this as well as many others such as Economics Nobelist Paul Krugman who cites Glaeser). The problems with the high rents in today's cities is through the use of politics to artificially increase the value of land through zoning density restrictions and overuse of historic landmark status. These laws that increase the cost of land serve as a hidden tax on the poorer segments of society to subsidize the wealthy. See: NYPost Build Big Bill (de Blasio -- Mayor of NYC) http://www.nydailynews.com/opinion/build-big-bill-article-1.1913739 http://www.nydailynews.com/opinion/build-big-bill-article-1....