Stephen Smith points to new economic research highlighting the dramatic effect of rent control on the value of nearby properties. Hint: it keeps prices down <em>everywhere</em>.
Jul 3, 2012 Market Urbanism
Affordable housing mandates - "inclusionary zoning" - have been a popular way for cities to deal with high housing costs. But Stephen Smith says there are real market costs, and while the empirical work is in its infancy, it doesn't look promising.
Dec 30, 2010 Market Urbanism
Local property taxes are often levied disproportionately on multifamily developers, resulting in higher taxes for apartment-dwellers, says Stephen Smith.
Nov 30, 2010 Market Urbanism
Preservation laws often ban additions to designated buildings, which can be counterproductive, says Stephen Smith, who argues that incremental add-ons can protect buildings from future redevelopment driven by market forces.
Nov 27, 2010 Market Urbanism
Stephen Smith critiques the new mayor's strategies for fighting congestion in the Russian city.
Nov 18, 2010 Market Urbanism
Stephen Smith questions the reasoning behind this increasingly popular breed of capital project, arguing the real benefits of connectors rarely justify their hefty price tags.
Oct 18, 2010 Market Urbanism
New Jersey wants billions in federal money for its ARC project, but NJ Transit's commuter rail service is too often just a subsidy to the rich and an excuse not to develop North Jersey, says Stephen Smith.
Oct 11, 2010 Market Urbanism
The NYT is reporting that New Jersey is running out of developable land, but with the recent ARC decision, the legacy of the Mount Laurel doctrine, and decades of highway-based suburbanizing policies, is New Jersey actually ready for density?
Oct 8, 2010 Market Urbanism
It's an article of faith among many that GM, Firestone, and Standard Oil destroyed the streetcar networks of the early 20th century. Stephen Smith suggests that Progressive Era and New Deal planners and politicians should shoulder more of the blame.
Sep 23, 2010 Market Urbanism
Small, private bus-like jitneys have taken off in cities across North Jersey, operating more frequently and at lower cost than NJ Transit. Their reckless driving and skirting of regulations, however, present problems for transit planners.
Sep 17, 2010 Market Urbanism