Tuesday, April 22, 2025

Homelessness

Inflation is the most destructive disease known to modern societies —Milton Friedman

Here’s how. 1 Shoe leather The resources and energy people use to convert deteriorating currency into stable assets are costly. Economists call this shoe leather costs, alluding to how people destroy their shoes in the metaphorical...
Interest rates slow apartment development

INFOGRAPHIC: Interest rates slow apartment development

Rising interest rates, tighter lending and flattening rents in parts of the country have left property companies from California to Florida waiting for financing that may not come soon. +500 days (up 45% from 2019)...
Rent control still the wrong solution to housing woes

Rent control still the wrong solution to housing woes

Restricting the price of housing kills incentives to supply places to live. Rent control is having something of a moment: In Los Angeles, tenants are invoking a law that imposes limits on apartments built on...
Why Johnny can’t build

Why Johnny can’t build

We were once a nation of builders—from the toll roads and canals of the early nineteenth century and the railroads of the second half of that busy century, to the construction of power, energy,...
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