The Impact of New Housing Supply on the Distribution of Rent I estimate the impact of market-rate new housing supply on the local rent distribution. As an exogenous shifter of new housing supply, I exploit local weather shocks during the construction phase that

Best paper on city wide impacts: ideas.repec.org/p/zbw/vfsc20...

Screenshot from a tweet. In the first tweet, a transcript of the Hannity Musk interview is played. Hannity says “you’re going to help rescue two astronauts” and Musk says “they were left up there for political reasons” Astronaut Andreas Mogensen says “What a lie. And from someone who complains about lack of honesty from the mainstream media.”

Elon replies “You are fully retarded. SpaceX could have brought them back several months ago. I OFFERED THIS DIRECTLY to the Biden administration and they refused. Return WAS pushed back for political reasons. Idiot.” Andreas Mogensen replies “Elon, I have long admired you and what you have accomplished, especially at SpaceX and Tesla. You know as well as I do, that Butch and Suni are returning with Crew-9, as has been the plan since last September. Even now, you are not sending up a rescue ship to bring them home. They are returning on the Dragon capsule that has been on ISS since last September.”

A tweet from Elon Musk. It reads “It is time to begin preparations for deorbiting the @Space_Station. It has served its purpose. There is very little incremental utility. Let’s go to Mars.”

Elon’s busy schedule today is claiming astronauts were left in the ISS for political reasons, getting corrected by an ISS astronaut, throwing a fit where he calls the astronaut a slur, then complaining that we should deorbit the ISS

If you think the only thing that is keeping some area from being far more densely developed is zoning code; this implies you think the zoning is denying those oodles of people the ability to live in that area.
NIMBYs would be better served arguing it wouldn't make any difference anyway.

2) There are specific industries you want to develop (national security, high value added, etc) that you want to learn by doing and current capacity is small relative to national demand.

Putting tariffs on those industries will shift resources to those industries, taking away from others

Mostly what you are missing here is that the reason prices go up is because the size of the pie got smaller. No amount of moving money around changes that fact.

Tarrifs are useful if:
1) You are undeveloped country that can't raise income taxes and need revenue, or

Question on this graph: what percent of worker are non-managerial? Does that big gap between non-managerial and all workers, plus that all workers is below trend, imply that managerial worker were *very* substantially below trend?

I'm curious why Trump supporters think Harris as Senate President won't present state vote certificates that says she won instead of the official ones?

Personally, I think she will cause to do otherwise is obviously illegal, treason, and a scumbag thing; but why do Trump supporters think she will?

The demand effect (which you could increase without immigrants) doesn't seem as important to me as agglomeration effects and immigrant labor being more or a complement than a substitute to native labor. Immigration allows specialization -> increase prod -> increase real W.

My intuition would be in-migration *if there are not other barriers to construction* would lower prices/rents in long run but rise them in short run.

Searching for Immigration, rents, shift-share instruments I find most papers find increased rents from in migration. Will need to read to see if deportation instead of in-migration is why this paper different.

This is the one I was thinking of: papers.ssrn.com/sol3/papers....

Any body have a link to the study that net effect is negative on prices?

Really want one. Hoping the keep getting cheaper. Might have to limit ourselves to the Kona EV.

The first sentence doesn't come from Smith, it comes from Say. It's not incredibly far from what he actually thought though.

Marx quoted the two in that order, some one just removed the first reference.

Housing prices in England were good in the 1960s-1970s? Why could that be:

"number or homes is increasing faster than households!" No - duh, household is defined as people living together as a home. It is impossible to for households to increase faster than home.

Lack of housing is preventing young adults from creating their household www.theguardian.com/society/2023....

Since you are talking about race and car dependent suburbs... any chance you can help me remember title of book came out past year or two that basic argument was suburbs infrastructure costs become insolvent, but in the mean time white population moves on selling to minority population

Rent control effects through the lens of empirical research: An almost complete review of the literature Rent control is a highly debated social policy that has been omnipresent since World War I. Since the 2010s, it is experiencing a true renaissance, fo…

👀 Big meta-analysis of rent control policies in JHE

TLDR; rent control is pretty effective in freezing rents! But it also has a range of side effects on the wider city.

So, cities shld work out benefits/costs, including costs of mitigating the side effects.

www.sciencedirect.com/science/arti...

Woman drives into indoor swimming pool at Niagara Falls hotel BUFFALO, N.Y. (WIVB) — The Courtyard Marriott on Buffalo Avenue in Niagara Falls was significantly damaged when a woman drove a car through the building and into the indoor swimming pool on Tuesday…

Remember:

When swimming indoors, always wear bright colors and a helmet. Be sure to look both ways and make eye contact with drivers.

Undercut competition

"Undercompetition" is the exact opposite of "keep off market to raise prices"

Step one: buy or build housing and refuse to rent it.

Step two:???

Step three: profit!

Who cares what step two is, three is profit.

I think the women entering workforce is basically right, but more broadly it’s the formalization of work that this is picking up.

I have been eyeing WorkCycles for years - how do you like it?

Me yesterday, watching Season two of Fargo...

Portland rent hikes have finally leveled off west of 82nd Avenue, PSU report says Rapid new construction has driven up vacancy rates.

In 2017, I wrote that this trend had begun and got a lot of pushback. Surely this couldn't be, folks said. Rents never flatten, they only rise catastrophically

no, not correct. building more homes worked. today, it's not even something many people think to track

openhousing.net/portland-ren...

Is there any natural experiment research on this?

This, but unironically.

In a new report @urbaninstitute.bsky.social, we investigate how the Seattle region will be able to add thousands of new units to meet demand—particularly for affordable housing.

What's needed?

High-density upzoning + big state affordable housing investment. www.urban.org/research/pub...