Economist Nick Rowe at Worthwhile Canadian Initiative has a provocative piece asking whether housing demand curves might actually slope up. He puts his argument in abstract mathematical terms (again, he’s an economist), but the germ of the idea is that “everybody wants to live near everyone else, … [Read more...]
Archives for August 2016
The Answer to Expensive Housing: Build More
If you restrict the supply of housing, other things equal, what will happen to the price? That’s not a trick question. Any competent Econ 101 student would answer correctly that the price will rise.One reporter for the Washington Post gets it. In a hopeful sign of spreading economic literacy, … [Read more...]
When It Comes to Walkability, Mexico City Is Miles Ahead
This piece was coauthored by Nolan Gray and Katarina Hall.It’s like Los Angeles, but worse. To many, that’s the mental image of Mexico City: a city of unending traffic, unbearable smog, and unrestrained horizontal expansion. Yet when one walks the streets of Mexico City, a distinct … [Read more...]
Palo Alto: The Land of Too Many Jobs
Co-authored by Tony Albert and Jeff Fong SF Curbed recently sat down with Patrick Burt, Mayor of Palo Alto, to get his response to the high profile resignation of Kate Vershov Downing. Downing, of course, was the Palo Alto Planning Commissioner who publicly announced that she will move her family … [Read more...]
Market Urbanism MUsings August 26, 2016
1. This week at Market Urbanism Episode 1 of the Market Urbanism podcast came out this week. Nolan Gray plans to release new episodes bi-weekly. The RSS feed is http://feeds.soundcloud.com/users/soundcloud:users:236686274/sounds.rssYou can currently find the podcast on … [Read more...]
Episode 01: Announcing the Market Urbanism Podcast!
Phew! It's finally here. After spending a good chunk of my summer researching podcasting, reaching out to potential guests, and recording my first few episodes, I am excited to announce the launch of the Market Urbanism Podcast.You can currently find the podcast on Soundcloud and PlayerFM. It … [Read more...]
How The Housing Market Works
[Editors note: Sandy Ikeda was an original Market Urbanism writer and is now a regular columnist for the Foundation for Economic Education, or FEE.org. FEE has offered republishing rights, so Sandy's past work will be appearing here every Tuesday at 10am eastern time]People sometimes argue that … [Read more...]
Cities And The Growth Of Our Collective Brain
In his famous 2010 Ted Talk Matt Ridley points out that a growing human population has facilitated increasing standards of living because more people means a faster growth rate of innovation. He explains that humans' propensity to exchange means that as a society we all benefit from each other's … [Read more...]