By Matt Ray Local zoning is not likely to garner much national attention, and in an ideal world, this is the way it should be. However, with state governments taking aim at local zoning restrictions, the issue has taken on greater importance. In recent years, the movement to limit single-family zoning restrictions has been championed by left liberals and libertarians alike. … [Read more...] about US States Are Seizing More Power in the Name of “Deregulating” Housing
Housing
One Weird Sign of Trouble in the Banking Sector
By Simon Black, Sovereign Man It was only a few generations ago that most people spent their entire lives within a few miles of where they were born. They grew up, lived, worked, and retired, all in the same place. And that was normal. Travel and relocation didn’t really become commonplace until after World War II. But even then, the most common reason people moved was … [Read more...] about One Weird Sign of Trouble in the Banking Sector
The Economics and Politics of Zoning
By Ash Navabi Both economic decisions and political decisions involve choices and tradeoffs. The difference is that economic decisions are ultimately informed and rely upon monetary prices, revenues and costs. Political decisions, meanwhile, do not depend on market outcomes—they can be based on love, legacy, favors, or establishing power relations. Zoning is the practice … [Read more...] about The Economics and Politics of Zoning
Manhattan Luxury-Apartment Sales Plunge After New Transfer Tax
By Tyler Durden A new report from The Wall Street Journal shows how a new transfer tax in Manhattan has led to a slump in sales of luxury properties this summer. The new tax, basically a one-time payment on homes valued above $2 million, was enacted on July 01. The new policy led to a massive surge in June sales of luxury residential properties. But when it came time … [Read more...] about Manhattan Luxury-Apartment Sales Plunge After New Transfer Tax
The Way Not to Fix Education, Housing, and Health Care
By Daniel J. Boudreaux As long as the reality of human existence remains on the imperfect side of paradise — mired in scarcity, often unpredictable, and always carrying at least a small risk of calamity for each individual as well as for groups — some people will complain about the state of reality. Indeed, as human welfare improves, such complaints grow more frequent and … [Read more...] about The Way Not to Fix Education, Housing, and Health Care