Category Archives: Housing

Asset Inflation

One of the points I’ve made repeatedly is that we can’t understand the urban housing crisis (why housing is expensive in many urban areas) without accounting for income inequality: you can’t have gentrification without a gentry class. Ian Welsh makes … Continue reading

Posted in Economics, Housing | 1 Comment

We Can’t Understand The Urban Housing Shortage Without Recognizing The Office Surplus

This is something cities are going to have to grapple with (boldface mine): DC has around 14.1 million square feet of vacant office space, and 8.2 million square feet of it is in the downtown area. That’s equivalent to more … Continue reading

Posted in DC, Housing, Urban Planning | 1 Comment

When Public Housing Wasn’t Charity

In an article about public housing in Alexandra, VA, there’s a very important, but forgotten, point about why it was built (boldface mine): Public housing was originally built not as a social safety net program, but rather because the government … Continue reading

Posted in Housing | 3 Comments

So This Is The Guy Who Is Going To Bring Peace To The Middle East?

So Jared Kushner’s family real estate business is on the rocks, in large part, because they bought a Manhattan office building at a ridiculously high price, and now they’re having difficulty making the loan calls (which is to say, in … Continue reading

Posted in Fucking Morons, Housing, Resistance Rebellion And Death | 2 Comments

The Weird Thing About Housing ‘Markets’

They don’t really compete based on price. Here’s what I mean by that. Consider D.C.’s Shaw/U Street neighborhood, a rapidly gentrifying neighborhood. There are still new buildings going up in Shaw, as well as available parcels for new buildings. These … Continue reading

Posted in Housing, Urban Planning

Republicans To Hide Housing Discrimination–GOP Is A White Nationalist Party

Republicans are pushing the “Local Zoning Decisions Protection Act of 2017” (pdf), which among other things has this provision: Notwithstanding any other provision of law, no Federal funds may be used to design, build, maintain, utilize, or provide access to … Continue reading

Posted in Conservatives, Housing, Racism

Stalled Rents And Income Inequality

One of the missing elements in the discussion over rising urban rental costs is the role of income inequality. People will pay high prices to live somewhere–until they can’t (boldface mine): David J. Maundrell III, the executive vice president of … Continue reading

Posted in Economics, Housing