Last year’s hit film The Big Short depicted various investors who, realizing that there was a housing bubble in the years before the 2000s crash, found ways to “short” housing, betting against the market and ultimately making a killing when…
Today, we spend a few minutes reviewing the recent history of housing markets in rural North Dakota. In a microcosm, we can see how the interplay of demand and supply drive housing market cycles. The speed and scale of changes…
What City Observatory did this week 1. Finding nuance in the housing supply arguments. A new article from Rick Jacobus at Shelterforce helps resolve some of the tensions in the growing debate about whether and how housing supply is behind…
At City Observatory, we’ve long been critical of some seemingly scientific studies and ideas that shape our thinking about the nature of our transportation system, and its performance and operation. We’ve pointed out the limitations of the flawed and out-dated…
In a January 2015 paper, the Yale Law professor David Schleicher and Yale Law student Daniel Rauch published a paper on how local governments might regulate “sharing economy” companies, such as Uber, in the future. Among their more startling predictions,…