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
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.
To say that some of America’s neighborhoods—especially in coastal cities with strong economic opportunities and limited space—should be denser is not an argument for infinite density. Nor is it an argument for central planning and coercion. It’s an argument that places ought to grow to the point where the costs of additional density outweigh the be
... See moreCouples featuring one member with a commute of over forty-five minutes are about 40 percent likelier to split up. Vehicle
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
... See moremiles traveled are not just a source of obesity; they have a stronger correlation with being overweight than any other lifestyle factor.
We should, however, worry about whether urban reforms will actually end up benefitting poor people. The only way to ensure that it does is to ensure that if demand for living in a particular neighborhood increases, so does the quantity of available housing units.
More subtly, cities choke density with rules mandating the quantity of parking that must be constructed to go along with any new residence.
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.
Metro areas that preserve green space while curtailing vertical density are really pushing people to other, less ecologically minded cities.