Rent Control
Blog
Rent Control Measure Would Make California’s Housing Woes Worse
One of the factors driving California’s housing crisis is the upward pressure rent-controls laws place on home prices. Everyone except those enjoying the dividends of rent-controlled housing would be better off without the laws. Yet a measure that will allow them to spread will be on the ballot this fall. ...
Blog
Yes, It’s True. California Must Build A Lot More Housing to Close Gap
Finally, a state ranking where California isn’t last. In per capita housing supply, California is 49th. Only Utah has fewer housing units per 1,000 population, with 347. The Golden State: 358. The data are from McKinsey Global Institute’s 2016 report “A Tool Kit to Close California’s Housing Gap: 3.5 Million ...
Blog
Latest Evidence Shows Rent Control Increases Costs, Reduces Housing Supply
As we have noted so many times before, rent control laws are one of the many flawed public policies that are driving California’s steep housing costs. Look here, here and here. Of course, we’re not alone in making this assertion. There is an extensive library of scholarly literature that has ...
California
Kerry Jackson Cited in Mises Wire: Why California Has the Nation’s Worst Poverty Rate
Earlier this week, the LA Times reminded its readers that California has the highest poverty rate in the nation. Specifically, when using the Census Bureau’s most recent” Supplemental Poverty Measure” (SPM), California clocks in with a poverty rate of 20 percent, which places it as worst in the nation. To be sure, California ...
California
What California Should Do To Ease Housing Crisis
In September, Sacramento lawmakers passed more than a dozen bills aiming to begin healing the state’s housing sore. It was, to their thinking, “Housing Day” in California. Two weeks later, legislators joined Gov. Jerry Brown in San Francisco as he signed what he called “15 good bills.” “Today, California begins ...
California
California Middle Class Look For A Winning Hand in Las Vegas
They say what happens in Vegas stays in Vegas. Apparently, this is true of Californians, as well: If they happen to be in Vegas, there’s a good chance they’re going to be staying there. California has a leakage problem. Not only are businesses leaving the state in waves, people are ...
Blog
Rent Control for Small Businesses Another Bad Idea
It’s “Basic Economics” that residential rent control is harmful housing policy. So it makes perfect sense that we’re beginning to hear about commercial rent control in California. Why not heap more destructive laws on the pile? San Jose Inside reported earlier this month that “a local community leader” wants the ...
California
Will Sacramento Finally Restore California’s Housing Market?
Our Sacramento lawmakers are promising to finally do something about the state’s runaway housing crisis after they return from their August break. Will this finally be the year they take meaningful action? Not until they show that they understand the essence of the problem. There’s no disagreement that California has ...
Business & Economics
CAPITAL IDEAS: Rent Control Would Put Housing Out of Reach for More Californians
Download the Brief Click here to watch PRI’s panel discussion on California’s housing crisis from the State Capitol in Sacramento. The most unaffordable city in the world in which to rent a home is not New York or Tokyo or Hong Kong. The title belongs to San Francisco, where a ...
Blog
Rent Control Would Put Housing Out of Reach for More Californians
The most unaffordable city in the world in which to rent a home is not New York or Tokyo or Hong Kong. The title belongs to San Francisco, where a single person who wants to live on their own needs to earn more than $85,000 a year to pay the ...
Rent Control Measure Would Make California’s Housing Woes Worse
One of the factors driving California’s housing crisis is the upward pressure rent-controls laws place on home prices. Everyone except those enjoying the dividends of rent-controlled housing would be better off without the laws. Yet a measure that will allow them to spread will be on the ballot this fall. ...
Yes, It’s True. California Must Build A Lot More Housing to Close Gap
Finally, a state ranking where California isn’t last. In per capita housing supply, California is 49th. Only Utah has fewer housing units per 1,000 population, with 347. The Golden State: 358. The data are from McKinsey Global Institute’s 2016 report “A Tool Kit to Close California’s Housing Gap: 3.5 Million ...
Latest Evidence Shows Rent Control Increases Costs, Reduces Housing Supply
As we have noted so many times before, rent control laws are one of the many flawed public policies that are driving California’s steep housing costs. Look here, here and here. Of course, we’re not alone in making this assertion. There is an extensive library of scholarly literature that has ...
Kerry Jackson Cited in Mises Wire: Why California Has the Nation’s Worst Poverty Rate
Earlier this week, the LA Times reminded its readers that California has the highest poverty rate in the nation. Specifically, when using the Census Bureau’s most recent” Supplemental Poverty Measure” (SPM), California clocks in with a poverty rate of 20 percent, which places it as worst in the nation. To be sure, California ...
What California Should Do To Ease Housing Crisis
In September, Sacramento lawmakers passed more than a dozen bills aiming to begin healing the state’s housing sore. It was, to their thinking, “Housing Day” in California. Two weeks later, legislators joined Gov. Jerry Brown in San Francisco as he signed what he called “15 good bills.” “Today, California begins ...
California Middle Class Look For A Winning Hand in Las Vegas
They say what happens in Vegas stays in Vegas. Apparently, this is true of Californians, as well: If they happen to be in Vegas, there’s a good chance they’re going to be staying there. California has a leakage problem. Not only are businesses leaving the state in waves, people are ...
Rent Control for Small Businesses Another Bad Idea
It’s “Basic Economics” that residential rent control is harmful housing policy. So it makes perfect sense that we’re beginning to hear about commercial rent control in California. Why not heap more destructive laws on the pile? San Jose Inside reported earlier this month that “a local community leader” wants the ...
Will Sacramento Finally Restore California’s Housing Market?
Our Sacramento lawmakers are promising to finally do something about the state’s runaway housing crisis after they return from their August break. Will this finally be the year they take meaningful action? Not until they show that they understand the essence of the problem. There’s no disagreement that California has ...
CAPITAL IDEAS: Rent Control Would Put Housing Out of Reach for More Californians
Download the Brief Click here to watch PRI’s panel discussion on California’s housing crisis from the State Capitol in Sacramento. The most unaffordable city in the world in which to rent a home is not New York or Tokyo or Hong Kong. The title belongs to San Francisco, where a ...
Rent Control Would Put Housing Out of Reach for More Californians
The most unaffordable city in the world in which to rent a home is not New York or Tokyo or Hong Kong. The title belongs to San Francisco, where a single person who wants to live on their own needs to earn more than $85,000 a year to pay the ...
