The Rent Is Too Damn High: What To Do About It, And Why It Matters More Than You Think
Matthew Yglesiasamazon.com
The Rent Is Too Damn High: What To Do About It, And Why It Matters More Than You Think
Couples featuring one member with a commute of over forty-five minutes are about 40 percent likelier to split up. Vehicle
Matthew Yglesias • The Rent Is Too Damn High: What To Do About It, And Why It Matters More Than You Think
Denser places support not just more restaurants but a wider range of cuisines. Not just more movie theaters but art-house cinemas alongside mainstream multiplexes. In the first instance, that means opportunities for entrepreneurs and people with the skills to match the niche tastes. But it also means more job opportunities writ large—more demand fo
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Proximity to prosperous people is, itself, prosperity-inducing—especially in an economy where people mostly sell services to one another. High-income people can afford to buy more services and can also afford to pay top dollar for quality. And since service providers with access to high-income individuals will, themselves, have higher incomes, the
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The service economy has made location relevant again. Many people, from dentists to chefs to yoga instructors to security guards to surgeons, are in lines of work where access to other people is a key input of productivity.
Matthew Yglesias • The Rent Is Too Damn High: What To Do About It, And Why It Matters More Than You Think
Where land is expensive, a lot of people occupy a given patch of it. Where density is low, by contrast, land is typically cheap. The ability of real estate developers to ride the currents of supply and demand ensures that land should always be a low portion of overall housing costs.
Matthew Yglesias • The Rent Is Too Damn High: What To Do About It, And Why It Matters More Than You Think
More subtly, cities choke density with rules mandating the quantity of parking that must be constructed to go along with any new residence.
Matthew Yglesias • The Rent Is Too Damn High: What To Do About It, And Why It Matters More Than You Think
Those who do move toward opportunity end up giving back much of their higher productivity in the form of expensive housing and high cost of living.
Matthew Yglesias • The Rent Is Too Damn High: What To Do About It, And Why It Matters More Than You Think
Metro areas that preserve green space while curtailing vertical density are really pushing people to other, less ecologically minded cities.
Matthew Yglesias • The Rent Is Too Damn High: What To Do About It, And Why It Matters More Than You Think
miles traveled are not just a source of obesity; they have a stronger correlation with being overweight than any other lifestyle factor.
Matthew Yglesias • The Rent Is Too Damn High: What To Do About It, And Why It Matters More Than You Think
a huge amount of the value of the land is tied up with the permission to build on it.