Housing

Issi Romem, buildzoom.com's chief economist has made a valuable contribution to the growing literature on the severe unaffordability of housing in a number of US metropolitan areas.  read more »

The home-buying struggles of Americans, particularly millennials, have been well documented. Yet a recent study by Hunt.com found that the often-proposed “solution” of renting is not much of a panacea. Rents as a percentage of income, according to Zillow, are now at a historic high of 29.1%, compared with the 25.8% rate that prevailed from 1985 to 2000.  read more »

The quirks of software and operating systems that we seem to experience on a daily basis are the result of Kluges – almost all software is written with fixes that work for a particular problem, often without knowing exactly why that fix works. As both a land planner and developer of high level precision design and engineering software, I do not allow kluged fixes – for either business.  read more »

America's most highly regulated housing markets are also reliably the most progressive in their political attitudes. Yet in terms of gaining an opportunity to own a house, the price impacts of the tough regulation mean profound inequality for the most disadvantaged large ethnicities, African-Americans and Hispanics.  read more »

New York City Mayor Bill de Blasio wants to bring the same policies that worked so well in the Soviet Union, and more recently in Venezuela, to New York City. “If I had my druthers, the city government would determine every single plot of land, how development would proceed,” he says. “And there would be very stringent requirements around income levels and rents.”  read more »

In the aftermath of Hurricane Harvey, and the disastrous flooding, Houston has come under extreme scrutiny. Some in the global, national as well as local media assaulted the area's flood control system and its development model, criticisms that were echoed by some in the local area.

Much of the current debate starts from a firm misunderstanding of the region’s realities. This could lead to policies that ultimately undermine the keys that have propelled the region’s success. Below is a primer to inform future discussions of Houston’s future trajectory.

 read more »

For many years, a common complaint has been that the provisions of the Federal Internal Revenue Code, and most state income tax codes, favor homeownership in the form of major tax deductions for mortgage interest and property taxes. With the exception of those who reside in government housing of some type (subsidized apartments, public college dormitories, military housing, jails and penitentiaries), the homeless, almost all U.S. residents either live in a home they, or their family, owns or is paying off the mortgage, or they rent.  read more »

I’ve been asked to submit a proposal for the next Congress for New Urbanism in May of 2018 by one of the organizers in Savannah, Georgia. I declined the first two times I was asked, then reluctantly agreed to offer a tentative outline the third time I was approached. I’m not convinced the committee will have much use for what I have to say.  read more »

California’s political leaders, having ignored and even abetted our housing shortage, now pretend that they will “solve it.” Don’t bet on it.  read more »

August’s tragic events in Charlottesville kickstarted a somber debate about the appropriate way to commemorate the war that gave all Americans their freedom. It also triggered a conversation about whether the south’s legacy of rebellion and independence – with slavery a painful and regretful part of its past – is a legacy worth remembering.  read more »