Saturday, December 21, 2024

Tag: July August 2024

bootstrap: Pulling oneself up by the bootstraps is the idea that a person can succeed “without help from others and as a result of one’s own hard work.” Ironically, this metaphor is widely used to represent the American dream of social and economic mobility through self-reliance. When first coined it described an absurd, impossible feat. How did bootstrap-pulling go from a ridiculous idea to an American ideal? Bootstraps are a loop attached to the back of a boot to help the wearer pull it on. The idiom dates back to 1834 when Mr. Murphee satirically described being “enabled to hand himself over a barn yard fence by the straps of his boots.” It appears throughout the 19th century, often in the company of other metaphors for ludicrous impossibilities such as “sitting in a wheelbarrow and trying to wheel yourself” and “getting rich by taking money from one pocket and putting it in another.”

Has capitalism come at the expense of the poor?

Article
Perhaps the most amazing fact in all economic history is the unprecedented rise in wealth per person that has taken place in the last...
The council just approved a ban on websites that offer data about local rental markets and help landlords set their rents. The council blames these tools for exploding housing costs.

San Francisco city council targets free speech to cover up its own housing failures

Article
The San Francisco city council is smashing the mirror because it doesn’t like the face staring back at it. The council just approved a ban...
If this debate eventually does come to a boil, the Supreme Court may need to further clarify its position on Skidmore jurisprudence. But for now, appellate litigators would be wise to steer clear of deference-based argumentation.

New game post-Chevron

Article
For decades, the judicial doctrine called “Chevron deference” dominated American administrative law. In the aftermath of Chevron’s demise in Loper Bright v. Raimondo, however, a...
According to a 2021 study by the University of California, Los Angeles and U.C. Berkeley, over one-third of public school employees are “rent-burdened,” meaning housing costs consume more than 30 percent of their income. The issue is particularly severe for food service workers, more than half of whom are affected.

California to turn unused school land into millions of housing units

Article
In an effort to address a lack of housing that officials say has contributed to a shrinking teaching workforce, the California Department of Education...
Absorption rates have notably risen from 118,000 units in the first quarter to 166,000 in the second, fostering optimism among industry experts about a potential shift from decelerating fundamentals to a growth phase.

Market set for recovery

Article
The multifamily housing market is showing promising signs of recovery, with recent data from CoStar Group revealing a significant increase in demand and stabilization...
Would a YIMBY building boom rejuvenate urban family life or produce sterile, megacity hellscapes?

The housing theory of childless cat ladies

Article
Would a YIMBY building boom rejuvenate urban family life or produce sterile, megacity hellscapes? Housing Boom = Baby Bust? America’s low birth rate is in the...
Insider fraud in this game could negatively affect investment funds, pension accounts, 401Ks, employee livelihoods, access to capital and even personal safety for residents.

Insider fraud in multifamily leasing: Is it happening under your nose?

Article
A few years ago, the reputations of some of the world’s most prestigious universities came under serious question when the U.S. Department of Justice...
Stricter land-use regulations force builders to spread their efforts over a large number of relatively small projects, limiting the number of homes they’re able to build. This, in turn, limits their ability to invest in better homebuilding technology or otherwise take advantage of economies of scale.

Is land-use regulation holding back construction productivity?

Article
Ed Glaeser is perhaps the pre-eminent urban economist working today, and I’ve cited his work repeatedly when looking at land-use restrictions and burdens on...

“Sitting empty:” Vast expanse of federal land eyed for new housing

Article
The White House and the Republican National Committee agree on one thing at least: The sale of surplus federal land could help alleviate a...
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