A new study of gentrification sheds light on how neighborhoods change. Here are the takeaways: The population of urban neighborhoods is always changing because moving is so common, especially for renters. There’s little evidence that gentrification causes overall rates of…
As we pointed out yesterday, there’s some initial visual evidence–from peak hour traffic cameras–suggesting that Louisville’s decision to toll its downtown freeway bridges but leave a parallel four-lane bridge un-tolled has produced a significant diversion of traffic away from the freeway.…
Louisville is in the transportation world spotlight just now. It has formally opened two big new freeway bridges across the Ohio River, and also rebuilt its famous (or infamous) “spaghetti junction” interchange in downtown Louisville. A story at Vox excoriated…
Requiring inclusionary housing seems free, but could mean less money for schools and local services Last month, the Portland City Council voted 5-0 to adopt a sweeping new inclusionary housing requirement for new apartment buildings. The unanimous decision came with…
As Noah Smith observed, economists invariably encounter monumental resistance to the proposition that increasing housing supply will do anything meaningful to address the problem of rising rents–especially because new units are so costly. One of the frustrations that we (and…