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Harvard economist Howard Glaeser, Nobelist Paul Krugmann (citing Glaeser), FT Columnist and book author Tim Harford, and others have spoken for years about how
by davidf18 11y ago
Harvard economist Howard Glaeser, Nobelist Paul Krugmann (citing Glaeser), FT Columnist and book author Tim Harford, and others have spoken for years about how limited land use through zoning density restrictions and overuse of historic landmark status has artificially increased the cost of housing and offices.
Here is a recent column by Glaeser regarding the issue of affordable housing in NYC:
http://www.nydailynews.com/opinion/build-big-bill-article-1.1913739 http://www.nydailynews.com/opinion/build-big-bill-article-1....
- mortehu 11y agoNorway uses an alternative strategy to get housing to the poor called the "housing allowance"[1]. Instead of paying developers to build lower quality housing, money is given directly to poor people for the purpose of paying rent. The prevents having a bimodal price distribution like the one observed in New York. 1. http://www.husbanken.no/english/what-is-housing-allowance/ http://www.husbanken.no/english/what-is-housing-allowance/
- nazgulnarsil 11y agosooo tax dollars go into the pockets of the land owners....and that extra money bids the price of land up more....and the land owners have a further incentive to vote against any zoning changes.
- nerfhammer 11y agoAnd yet somehow still infinitely better than extreme rent control based purely on incumbency
- def_illiterate 11y agoI think it would be better that the landlords were not the beneficiaries of this type of subsidy, though. I'd prefer to see them have to compete, and this doesn't attack the problem from that end.