Building code contributes. Finance contributes. Supply chains contribute. Project economics contribute. Consumer preferences contribute. Dozens more factors contribute.
American real estate development is among our most complex endeavors. Anyone who claims it's One Thing doesn't know enough.
No.
Single-Family is much more concentrated. The Top 15 account for over half of closings per NAHB.
It was excusable to lend credence to Charles Marohn in 2012 when the field was so barren we had to extrapolate allegories for every urban issue from small town sewer project finance, but there are simply too many people now doing too much thorough, empirical, insightful research to do so today.
The National Multifamily Housing Council (NMHC) reports production by the Top 25 developers every year. Federal Reserve tracks private debt conduits, which banks and industry typically use for their debt market share reporting.
Can urbanists be done with confidently wrong cranks?
Approximately 3% of U.S. multifamily debt is securitized (CMBS)—over 85% of MF debt is agency or held on bank/insurer balance sheets—and the 25 largest developers account for just a quarter of new units delivered.
Bogotá's cultural heritage office created a superb report on self-constructed districts and their social, architectural, construction, and political aspects.
Bogotá Hecha a Mano: idpc.gov.co/publicacione...
I had Claude Code make an English-translated HTML version: drive.google.com/file/d/12XbE...
If I ever get a fuck-around year, I'll spend it in Bogotá making a picture book of these houses. This neighborhood is fun:
maps.app.goo.gl/ixhuxDfYMegE...
In addition to the economic imperatives, these autoconstrucciónes are often built floor-by-floor (desarrollo progresivo) with the slab extended for water runoff. When the next floor goes up, the façade goes flush to slab edge.
Another fave, the pollo asado spot behind my wife's old family conjunto:
Mi favorita
NYT Headline: Artemis II Astronauts Travel Farthest From Earth Than Ever Before This is not grammatically correct.
Bonkers how often NYT headlines and copy have grammatical errors characteristic of the website transcriptions of Sinclair local news hits.
No, Joe, that's just your 'foist' becoming your 'doomscroll'
It's normal to feel disoriented when your 'foist' becomes your 'doomscroll'
Bro had his LLM trained with clips of David Duke on acid.
Hell yeah. It should win 205 Excellence in Development awards. It should win every Excellence in Development award for the next 205 years. Great work, Hannah.
The only thing clean about that Popeyes
swear to god if this is about the popeye's on gallatin
The best way to alliterate is to simply use the same word over and over again. The Dems will get there, give 'em time.
Art.
Sometimes I believe economists are too cute by half with their models and equations.
There are boundary discontinuities everywhere for those with the eyes to see.
Your preference is good and correct, if we accept the premise that that building and others like it are worthy of historic status, but it's not Historic Preservation.
All the drama here goes away if people could stop pretending that these shitty old houses have structural or historical value and just allowed demolition with the constraint that the replacement construction meets Disneyland design guidelines; i.e., the outcome in this case.
But that's not legal.
Right, so the process here should have been to apply for demolition, get denied, take a dilapidated (yes, it was) structure with premodern building science down to the studs, functionally rebuild it all, and come out with a more expensive worse building that serves the same ends.
No but Historic Preservation is and that's an important distinction imo.
It's just a more honest way of doing what Historic Preservation does than forcing people to take a position on the Ship of Theseus.
I love your Pivot-to-Video arc. Damn good looking and eloquent enough.
Correct text: In a Nashville Scene article, Alex Pemberton put it best—quote: "Where most cities have a zoning code, the Belle Meade zoning code has a city."
Folks, we love a shout-out.
Shout-out to @jeguth.bsky.social for turning me on to the pod.
If you have wanted to read my work in the @nashvillescene.com but received insufficient phonics instruction in your early childhood education, this audio artist/mortgage broker fed them into an LLM and will read them for you.
Text-only originals (with source citations) available via link in my bio.
My HPR paper with @charlescgardner.bsky.social has been free to read for a year and a half.
But reading is hard. Footnotes are confusing. Citations are boring.
Fortunately, someone took the paper and pivoted to audio for us.
Audio appetizer tasty? Full meal here:
www.mercatus.org/research/res...
There are practical reasons for a US Senator to frame this proposed provision as a drafting mistake. No one else needs to pretend it is anything other than an effort to uphold a century-old system of segregation.
For a century, Americans with wealth could effectively segregate on housing type alone, enforced by a globally anomalous system of land use regulation.
In the last decade, technology has enabled efficient management of single-family rentals to end that segregation. This regulation seeks to undo it.
Let
America
Cook
Again
