Why is Housing so Expensive?

Welcome back to Notes from the Front -

This episode is for anyone who's ever wondered why housing costs so much.

I sat down with Judge Glock, Director of Research at the Manhattan Institute, to go through policies driving the crisis: zoning, rent control, ghost apartments, and what New York's new rent freeze is likely to do.

It's one of the clearest conversations I've had. Hope you enjoy!

~ Michelle

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🔗 Links: Spotify | Apple | YouTube

📍 Chapters:

* 00:00 Introduction

* 01:00 The #1 barrier to housing: zoning

* 05:30 Why cities welcome data centers but fight housing

* 08:00 Environmental regulations and the sprawl problem

* 12:00 Rent control: what economists actually agree on

* 18:00 The difference between rent control and rent stabilization

* 24:00 The 1970s Bronx fires — what really happened

* 32:00 New York’s new mayor and the rent freeze

* 38:00 The case against public housing

* 46:00 Ghost apartments and landlord bankruptcies

* 56:00 Who gets hurt most by rent control

* 1:06:00 The case for renting over owning

* 1:10:00 Judge’s 3-point plan if he were Mayor of NYC

* 1:17:00 Housing as a national political issue

📚 Books:

* The Fires: How a Computer Formula, Big Ideas, and the Best of Intentions Burned Down New York City by Joe Flood – http://bit.ly/48wSHc7

* Public Housing That Worked by Nicholas Dagen Bloom — https://bit.ly/47FvWma

📰 Judge’s Articles:

* “Two Cheers for Zoning” — https://bit.ly/4tnEVk6

* Is There a Dumber Housing Policy Than Rent Control? — https://bit.ly/4viNoXQ

* Laws Protecting Renters Hurt Renters — https://bit.ly/4sTVJzh

* The Asian-American Landlord Movement — https://bit.ly/3On2D12

📍 Find Judge Glock: https://manhattan.institute/person/judge-glock

📧 Contact Michelle: michelle@notesfromthefront.com

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