The Closer

Providers of single-family rental homes are an important part of America’s housing ecosystem

President Biden’s release in May of a “Housing Supply Action Plan” represents a commendable effort to bring much needed quality, affordably-priced housing to communities throughout the country. In taking steps to “ease the burden...
Pruitt-Igoe

The time the federal government built a flawed housing project and tore it down...

On the 50th anniversary of the demolition of  Pruitt-Igoe, it’s nearly impossible to understate the failure of the St. Louis public housing project. Famed architect Minoro Yamasaki, who would go on to design the World...

Corporate greed isn’t driving inflation

Inflation has reached its highest level in nearly 40 years, and everyone is looking for answers. Before fiscal and monetary authorities can muster a policy response, we need to understand what is causing inflation....

The urgency of protecting the electric grid from cyberattacks

Multifamily owners and operators are the single largest dispenser of utilities in the nation. An electric grid failure would be catastrophic for operations and to residents, many of whom currently work from home. The clock...

A small landlord’s cry: Why is the government violating my property rights?

I am a small landlord, and the government has put me and millions of other small landlords through hell for the past 18 months. Politicians always say they support small business, but they rarely...

When Washington bureaucrats hold the reins of power

The Biden administration was in a box in late July. They desperately wanted to extend the Centers for Disease Control and Prevention’s controversial eviction moratorium. But the judicial writing was on the wall. They...

Property rights versus labor unions in the Supreme Court

As the Supreme Court’s recent Obamacare case illustrates, the justices no longer enforce most of the Constitution’s limits on the federal government. But a new property rights decision demonstrates how they are super-enforcing the...

How deregulating real estate markets can solve America’s shortage of affordable housing

The deregulation of real estate markets doesn’t just make economic sense. It is also a moral imperative. In the early twentieth century, known as the “progressive era,” the United States embarked on a spree of...

What goes wrong when the government interferes with prices

Prices are a fact of life, and so is complaining about them. You probably prefer lower prices on just about everything, but especially when buying a house or paying for college, and you wish...

Why Biden’s plan to help make housing affordable will make it more expensive

Because the 2020 election was largely a referendum on President Donald Trump, many of Joe Biden’s policy proposals have been overlooked until now. The recent announcement of some of his cabinet picks shows that...

Pre-pandemic economy was reaching unprecedented heights for Black and Hispanic Americans, new data show

The grim and isolated life many Americans have adopted during the ongoing COVID-19 crisis is often referred to as the “new normal.” But when it comes to the economic side of the pandemic, we...

Canceling rent won’t solve housing woes

As Americans stagger through a bewildering pandemic summer, buffeted by shutdowns and job losses, millions face each coming month with an additional dread: making their rent payments. In response to the crisis, numerous states and...

Politicians seek relief for renters, but landlords have rights too

State and local governments have closed businesses across the country in response to COVID-19, putting millions of Americans out of work. Right now, those Americans’ biggest concerns are keeping a roof over their heads...

Nation in lockdown

I live in California, whose governor, Gavin Newsom, in March issued Executive Order N-33-20. The order requires Californians to shelter at home unless they are involved in any of 16 different infrastructure sectors—or seeking...

Rent control is illegal

New York City recently implemented its far-reaching Housing Stability and Tenant Protection Act of 2019. That law enacted extensive amendments, all plaintiff protective, to New York’s 1969 Rent Stabilization Law (RSL). The Act imposes...
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