A recent paper explains why the average profit for landlords is significantly higher in low-income neighborhoods than it is in middle- and high-income ones.
News and Commentary
The Center on Budget and Policy Priorities is out with a new analysis on housing vouchers. They argue vouchers are a useful tool for fighting poverty and should be expanded.
Whitney Rearick, writing for the Seattle Times, explains why upzoning can have a positive affect on climate change. Increasing urban density reduces car use, thus lowering carbon emissions.
Michael Hendrix advocates for federalism and local governance when deciding issues that affect the communities. Specifically, housing policy should be dealt with on a local and state level, as they are more tuned in to the specific needs of the locality. On the other hand, Miriam Axel-Lute looked at some of the downsides to local control, specifically NIMBYism as an example of bad policy executed on the local level.
On Point spent a recent episode debating the benefits of owning a home compared to renting. Find the episode here.
The Seattle City Council unanimously approved huge zoning changes recently. The changes would allow for more dense construction in popular neighborhoods while also requiring developers to offer affordable housing apartments.
Oscar Perry Abello looks at recent New York zoning reforms as an example of changes cities need to make to ensure jobs remain in urban areas. As hotels moved into historically manufacturing-heavy neighborhoods, jobs began to disappear, but the New York city council recently began requiring hotels to receive special waivers to build in these areas.
The National Low Income Housing Coalition is out with a new report that quantifies the housing crisis. Almost a third of low-income households, many of them elderly or disabled, are severely cost-burdened by their housing situation.
Should Gentrification be pursued? The NCRC argues that the displacement of minorities that comes with gentrification prevents many low-income families from reaping the economic growth that accompanies it.