Commentary

Last week, going off a recent book by William Fischel, we published a parable that explained the evolution of American zoning over the 20th century, from non-zoning land use in the early years to the introduction of true zoning in the 1910s and 20s, and the “land use revolution” of the 1970s that helped create […]

What City Observatory did this week 1. The high price of cheap gas. While many economists emphasize the positive effects of low gas prices—more disposable income in consumers’ pockets, which can act as a stimulus—it’s also important to acknowledge the costs. Reducing the price of driving, shockingly enough, makes people drive more—leading to more traffic

Yesterday, we published a “zoning parable,” based on William Fischel’s arguments for why and how zoning regulations developed in American cities over the 20th century. Today, we’ll expand a bit on one of the book’s major arguments in non-parable form. The 70s: What happened? For people who care a lot about housing but aren’t ready

This year, William Fischel, a professor at Dartmouth and one of the country’s leading scholars of land use policy, published a new opus on zoning: Zoning Rules! There’s far too much in the book to do a comprehensive review, but we’re going to pick out some of the most interesting and important arguments for posts

At least on the surface, the big declines in gas prices we’ve seen over the past year seem like an unalloyed good. We save money at the pump, and we have more to spend on other things, But the cheap gas has serious hidden costs—more pollution, more energy consumption, more crashes and greater traffic congestion.

What City Observatory did this week 1. What filtering can and can’t do. In most cities, the majority of homes that are affordable to people of modest or low incomes don’t receive special affordability subsidies—they’re just cheap market-rate housing. But since very little housing is built for people of below-average income, how does it get

Trying to measure average housing costs for neighborhoods across an entire city—let alone the whole country—is an incredibly ambitious task. Not only does it require a massive database of real estate listings, it requires making those listings somehow representative at the level of each neighborhood and city. For a number of reasons, just taking the

The House of Representatives has hit on a clever new strategy for funding the bankrupt Highway Trust Fund: raid the Federal Reserve. Their plan calls for transferring nearly $60 billion from the profits earned on the Federal Reserve’s operations—basically fees paid by member banks—to bail out the Highway Trust Fund. For years, many macro economists

“Affordable housing” can seem like a hopelessly vague term. First of all, affordable to whom? (Follow the link to a description of an “affordable” program targeting people making 40 percent more than the median income in San Francisco.) And even assuming we know who’s paying, what is a reasonable amount for them to pay? But

What City Observatory did this week 1. More doubt cast on food deserts. The concept of a “food desert”—typically low-income urban neighborhoods where a lack of nearby grocery stores leads to poor nutrition—is widely accepted. But a new study adds to the evidence that in most cases, poor nutrition isn’t a result of food deserts;