California is not short on people, but many have a tough time finding an affordable place to live. The state’s housing crisis is particularly acute in cities such as San Francisco, so state senator Scott Weiner thought he would do something about it. He teamed with fellow senator Nancy Skinner to write SB 827,…
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As anybody looking for a house or apartment can easily verify, California is in the throes of a housing crisis. In Oroville, for example, many low-income residents live in 1960s-vintage housing built for dam construction workers. Across the state, home ownership rates are the lowest since the 1940s and according to California’s Housing Future:…
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Today, the Independent Institute is launching a fun, five-part, satirical, YouTube web series called Love Gov! Here’s more information on what the series is about: “Love Gov is a way to help anyone, especially Millennials, understand the federal government’s ever-expanding reach into personal lives,” says David J. Theroux, Founder and President of Independent Institute….
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Over at Economix, Casey Mulligan has a nice illustration of Austan Goolsbee’s approach to economic planning. In essence, targeted means of stimulating investment (say, with New Homebuyer tax credits) don’t work to increase investment, and thereby employment, in the short-run. Rather these types of subsidies have drive up prices for current asset owners—constituting windfall…
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In a great post over at Economix, Ed Glaeser makes the point that the absence of disastrous housing regulation explains why states like Arizona and Texas have the highest growth rates in population. “The future shape of America is being driven not by quality of life or economic success but by the obscure rules…
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