Inglewood had fallen on hard times, but then plans for a massive sports and entertainment complex came along. While the city’s future is poised to change dramatically, the development is also displacing residents.
Current Texas law grants state representatives significant power over whether affordable developments receive federal tax credits. Controversially, several representatives have proposed the reduction of their own authority in that regard.
Research published last year, and explained recently in the Harvard Business Review, measures the effect of Airbnb in the housing market, and goes a step further to explain the economics of that effect.