Author of this paper says it shows there is no “quick fix” for housing problems but it seems to clearly support the view that if you upzone in affluent areas that will work.
The point of zoning reform isn’t that the dynamic of new building on the gentrification frontier is good, it’s that it’s *bad* and regulation should allow new building where land prices are highest (i.e. where rich people live).
Talking about “submarkets” doesn’t really complicate this analysis — that’s the whole point!

Of course even if you improve housing policy you’re still left with the fact that poor people need more money — so give them money.…
I would note that the submarkets empirical literature in a broader context seems ambiguous.

Evan Mast finds that new construction reduces prices in all submarkets.…
Davidov, Pavlov, and Somerville find that when you add laneway houses to a rich neighborhood in Vancouver prices go down while the stay flat in a lower income one.…
So there seems like an unchallenged finding that market rate building in expensive neighborhoods reduces house prices and some divergence across cities (or methods or circumstances or something) in the poorer ones.

A good research subject but a simple policy prescription.

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More from @mattyglesias

17 Oct
If you want to influence the media in a constructive way, a good thing to do is pester reporters to cover topics that you think are interesting or worthy of more attention. People want to write things the audience is curious about.
Relatedly if you are interested in questions like “what are Joe Biden’s ideas about what he’d like to do as president?” or if you think someone in your life might be interested in such things, @voxdotcom believes this is an important topic to cover.…
Beyond the preexisting conditions thing, here’s @dylanlscott on how Biden plans to expand on the Affordable Care Act.…
Read 5 tweets
17 Oct
If you’re a single issue “don’t want the president’s son doing shady business deals” voter, you should vote for Joe Biden.…
I think it’s totally fine for people to say the topic of family members may foreign business dealings is the issue they care about in 2020 but anyone doing that owes us an explanation of why this topic supports Trump.…
There was a nice little burst of reporting on Eric and Don Jr.’s corruption last fall, but it’s sort of “old news” now and people don’t talk about it since nobody stole their laptops but you can compare the two candidates’ records.…
Read 6 tweets
16 Oct
This is a great @brianbeutler essay but it really just boils down to one simple idea:

If Democrats defy the rigged maps to obtain concurrent majorities in the House & Senate and put Joe Biden in the White House, they should go govern the country.…
It sounds incredibly simple (because it is) but a lot of Democrats, especially older ones, simply don’t have that instinct.

Their desire is to serve as something like honest brokers between progressive activists and hypothetical reasonable Republicans.
That was the whole point of the Affordable Care Act’s design for example.

Then embarassingly the Reasonable Republicans didn’t show up, so they ended up passing a on a party-line vote a bill that not only catered to industry concerns but arbitrary deficit targets etc.
Read 4 tweets
16 Oct
This Biden town hall is making a strong case that his presidency will be a ratings disaster — a lot of somewhat longwinded, detailed answers to policy questions.
Biden, meanwhile, is saying that we are making progress on vaccines it’s hard to say how long it will take to get one licensed and available. so we’ll have to see what happens while working on logistics and distribution.
Will Biden mandate a vaccine?

His answer is that it will depend on the factual situation that occurs in the future.
Read 6 tweets
15 Oct
My guarantee to you is that these cabinet forecasts will 100 percent come true or your money back…
I should also add that while I have heard some fun ~informed speculation~ about Secretary of Education, nobody actually in a position to know anything has told me anything so if you know what’s up you should tell me.

(and nobody cares about Commerce)
Important thing a former senior Commerce Department official told me once: “when I got the job, I figured the work would have a lot to do with commerce but it was mostly dealing with the Census.”
Read 5 tweets
15 Oct
I never ever ever took notes in school and don’t find them to be helpful for remembering things, but the best teacher I ever had taught me that other teachers would find that to be obnoxious and disresptful so I should sit with a notebook and fake it with doodles.
Unfortunately, I think I am literally the world’s most inept drawer of pictures so it ended up being books worth of totally worthless garbage scribbles rather than anything fun or interesting.
Anyways, I don’t think that being good at remembering things without notes is particularly a sign of super-intelligence (many people I know who are smarter than me are diligent note-takers) but it’s also not a sign of disrespect — different people just use different methods.
Read 4 tweets

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