Prices And Location
Do government housing projects undermine economic development efforts?
Walter Block, writing in the academic journal, Planning and Markets, chargs that: "Government housing projects, not being part of the profit and loss private sector, are able to transcend the market's tendency to locate people according to income or wealth. This increases transactions costs, reduces social cooperation, creates inefficiency, undermines incentives to amass wealth (and thus dis-enhances economic development)."
Thanks to Chris Steins
Published on Monday, October 27, 2003 in
- Report: No City or State in the U.S. Has Enough Housing for Low-Income Residents
- Review: The Hudson Yards Mega-Development, Open to the Public Today
- Proposed Mega-Development Would Expand Chicago's Skyline
- 3D Printing Affordable Housing at Scale
- Home Builders Aren't Building the Smaller Homes the Market Wants
- Study: Density Can Impede Growth
- It Takes a Fatality to Remove On-Street Parking
- 'Urban Luxury' Housing Skyrockets in Texas and Beyond
- Many Norms, Few Plans: Urban Rubble Clearance in the Cities of the Global South
- Concrete’s Contribution to the Rise and Decline of Civilization
- 2018 Survey: Housing Production is Up Around the U.S.
- Transit Ridership Up in San Diego
- Dallas DOT Brings New Mobility Vision to the Region
- More States Look to Expand Tenant Protections
- Santa Monica Pedestrian Mall Wants People to Hang Out
- The Case for Fourplexes in Portland
- Survey Reveals the Market Footprint of Online Grocery Services
- New Approach for the Housing Authority of New Orleans Apparent in 600 New Units
- Scrutiny of HUD Secretary Ben Carson's Schedule
- Zoning Reform Gets Another Try as Massachusetts Wrestles With Housing Crunch
