Opponents of Blackstone and other finance firms that have been buying up housing are quick to blame them for the housing crisis. But it's the other way around: the failure to plan for and develop enough housing has attracted the firms.

"The 80,000 or so homes in Blackstone’s nationwide portfolio and the few thousand homes in its California portfolio do not drive the 3.5 million-unit Los Angeles market. Blackstone did not create a shortage of 3 million units statewide (give or take). Blackstone did not impose restrictive zoning laws. Blackstone did not kill California’s redevelopment system. Blackstone did not drive up rents in the 2010s when recession-stricken millennials emerged out of their parents’ basements."
"Many homeowners are their own little Blackstones. Many of the same people who decry the purchase of thousands of homes by Wall Street are the same people who protest the development of new homes in their neighborhoods. Why? Sure, some of them care — a little — about “neighborhood character.” But California’s NIMBY movement has not endured the decades, beginning with its Prop. 13 temper tantrum in 1978, because of neighborhood character. It’s because they don’t want to endanger their property values."
FULL STORY: The Phony Debate Over Wall Street and the Housing Crisis

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

USGS Water Science Centers Targeted for Closure
If their work is suspended, states could lose a valuable resource for monitoring, understanding, and managing water resources.

End Human Sacrifices to the Demanding Gods of Automobile Dependency and Sprawl
The U.S. has much higher traffic fatality rates than peer countries due to automobile dependency and sprawl. Better planning can reduce these human sacrifices.

Trump: Federal Government Won’t Pay for California HSR
The President has targeted federal funding for the California bullet train project since his first administration.

San Francisco Enhances Urban Planning Initiatives with Green Infrastructure
San Francisco incorporates green infrastructure in its city development initiatives, elevating the importance of sustainability in urban planning.

Chicago Approves Green Affordable Housing Plan
The Mayor’s plan calls for creating a nonprofit housing corporation tasked with building affordable housing that meets Green Building standards.
Urban Design for Planners 1: Software Tools
This six-course series explores essential urban design concepts using open source software and equips planners with the tools they need to participate fully in the urban design process.
Planning for Universal Design
Learn the tools for implementing Universal Design in planning regulations.
Tyler Technologies
New York City School Construction Authority
Village of Glen Ellyn
Transportation Research & Education Center (TREC) at Portland State University
Chaddick Institute at DePaul University
Institute for Housing and Urban Development Studies (IHS)
Regional Transportation Commission of Southern Nevada
Toledo-Lucas County Plan Commissions