housing
-
•
Can Other States Learn From California’s Property Tax Experiment?
Capping property taxes isn’t all upside, but California’s Proposition 13 shows how tax limits can protect property owners from sudden increases and provide greater predictability.
-
•
Why Apartments in Tokyo Are So Much Cheaper Than in NYC
Tokyo houses millions more people than New York, with a surprisingly simple affordability formula: let people build more housing.
-
•
Good Intentions Paved the Road to the 2008 Financial Crisis
The financial crisis demonstrated how regulations can produce dangerous incentives — and how discretionary intervention can magnify uncertainty. Eighteen years later, policymakers remain tempted by both.
-
•
AIER Everyday Price Index Rises Again, Showing Household Budgets Under Pressure
Inflation has stalled well above the Fed’s target. The last mile may prove the hardest, and affordability feels more distant than ever.
-
•
The Fed’s Mortgage Policy Made Homeownership Cost More
The Fed’s mortgage-market policy rewarded existing homeowners, but raised the price of entry for first-time and future buyers.
-
•
Why CPI Ignores Homes, Stocks, and the Cost of Getting Ahead
Capturing only what households consume, inflation stats miss the assets they hope to own. Recent inflation has rewarded existing owners at the expense of aspiring ones.
-
•
Housing Scapegoats Are Abundant. Starter Homes Are Scarce.
Blackstone offer a convenient target for public frustration. But a local push to “legalize starter homes” is doing the less theatrical work of increasing supply.
-
•
Reality Sends the Bill: How Ignoring Price Signals Ends in Disaster
Sri Lankan fertilizer bans, Argentinian rents, and European power crises all demonstrate that governments can suppress prices, but they cannot escape reality.
-
•
The Unintended Consequences of Vacancy Taxes
Taxing vacant properties may be politically appealing, but they have little effect on rents while creating new economic distortions.
-
•
Why Much of Manhattan Would Be Illegal to Build Today
Zoning laws drive up housing costs and freeze cities in the past. New York City is a clear example.
-
•
Can Other States Learn From California’s Property Tax Experiment?
Capping property taxes isn’t all upside, but California’s Proposition 13 shows how tax limits can protect property owners from sudden increases and provide greater predictability.
-
•
Why Apartments in Tokyo Are So Much Cheaper Than in NYC
Tokyo houses millions more people than New York, with a surprisingly simple affordability formula: let people build more housing.
-
•
Good Intentions Paved the Road to the 2008 Financial Crisis
The financial crisis demonstrated how regulations can produce dangerous incentives — and how discretionary intervention can magnify uncertainty. Eighteen years later, policymakers remain tempted by both.
-
•
AIER Everyday Price Index Rises Again, Showing Household Budgets Under Pressure
Inflation has stalled well above the Fed’s target. The last mile may prove the hardest, and affordability feels more distant than ever.
-
•
The Fed’s Mortgage Policy Made Homeownership Cost More
The Fed’s mortgage-market policy rewarded existing homeowners, but raised the price of entry for first-time and future buyers.
-
•
Why CPI Ignores Homes, Stocks, and the Cost of Getting Ahead
Capturing only what households consume, inflation stats miss the assets they hope to own. Recent inflation has rewarded existing owners at the expense of aspiring ones.
-
•
Housing Scapegoats Are Abundant. Starter Homes Are Scarce.
Blackstone offer a convenient target for public frustration. But a local push to “legalize starter homes” is doing the less theatrical work of increasing supply.
-
•
Reality Sends the Bill: How Ignoring Price Signals Ends in Disaster
Sri Lankan fertilizer bans, Argentinian rents, and European power crises all demonstrate that governments can suppress prices, but they cannot escape reality.
-
•
The Unintended Consequences of Vacancy Taxes
Taxing vacant properties may be politically appealing, but they have little effect on rents while creating new economic distortions.
-
•
Why Much of Manhattan Would Be Illegal to Build Today
Zoning laws drive up housing costs and freeze cities in the past. New York City is a clear example.