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October 2, 2024

AOC’s “Social Housing” Dead End

New York representative Alexandria Ocasio-Cortez, an avatar of the progressive Left, recently shared her vision of how America’s housing shortage should be addressed in a New York Times op-ed cowritten with Senator Tina Smith of New Jersey. Ocasio-Cortez’s vision resurrects the debunked Great Depression-era argument that the private housing market is fundamentally flawed and must be replaced by…

September 25, 2024

The Promise — and Danger — of Kamala Harris’s YIMBYism

Vice President Kamala Harris is not wrong to emphasize that the best solution to our housing shortage is the construction of new homes. She’s actually enunciated something close to a program to do so: tax credits for small “starter” homes, as part of a push for 3 million new houses. It’s encouraging that the Democratic presidential candidate shows a basic knowledge…

September 20, 2024

How Public Housing Fueled Boston’s Busing Riots

This month marks the 50th anniversary of the North’s worst episode of school desegregation–related racial violence: Boston’s busing riots. Mobs hurled rocks at buses filled with black students newly assigned to South Boston High School, set on the “heights” of that largely white neighborhood. At the time, and in retrospect, the violence was blamed on…

August 26, 2024

Vouching for Self-Sufficiency

It’s hard to sympathize with the Parkoff Organization, the New York real estate firm that owns some 4,000 apartments across the city. According to a new lawsuit, housing “testers” caught the group discriminating against potential tenants whose rent would have been subsidized by housing vouchers. The Fair Housing Justice Center (FHJC), which brought the suit, claims that Parkoff…

August 23, 2024

Can Kamala Harris Learn the Housing Lessons from Her Own History?

In a biographical aside in her Thursday night nomination-acceptance speech, Kamala Harris spoke eloquently, and perhaps inadvertently, about “affordable housing” policy. She recalled the neighborhood in the East Bay where her mother rented an apartment: In the Bay, you either live in the hills or the flatlands. We lived in the flats — A beautiful, working-class neighborhood…

August 18, 2024

Why NYC’s Most Affordable Housing May Already Be Available

Mayor Adams’ ambitious rezoning proposal he calls the “City of Yes” — aimed at encouraging new housing construction throughout the five boroughs — is filled with commonsense ideas such as permitting apartments to be built above storefronts and relaxing the expensive requirements for new parking.  Adams, in many ways, is harkening back to the golden…

August 16, 2024

The Harris Campaign’s Foolish Down-Payment-Assistance Scheme

On the surface, Kamala Harris’s proposal to provide $25,000 in down-payment assistance to first-time homebuyers looks to be an incentive for upward mobility. Historically, homeownership has been the foundation for wealth creation for those of modest means. On closer inspection, however, down-payment assistance sends the wrong message — not only because already high home prices are likely to…

April 8, 2024

Accountability Comes to Public Housing

With little fanfare, the impossible just happened at the Hope Gardens public housing project in Bushwick: the management got fired. Repairs to the project’s high rises and townhouses had been delayed, and, per an official notice, “cost-saving measures to curb ballooning controllable operating expenses” hadn’t been adopted. Such lack of foresight constitutes a typical day…

March 21, 2024

It’s Not Just Minority Neighborhoods—NYC’s Entire Property-Tax System Needs Reform

There is good reason to conclude, as the state Court of Appeals did Tuesday, that New York City’s property-tax system leads to disproportionately high tax bills for minority homeowners. But those high taxes aren’t the result of discrimination; they’re just one example of a dysfunctional tax-assessment system that burdens homeowners and discourages new housing construction —…

March 14, 2024

A Crucial Fix For Rent Regulation

Housing legislation has moved to center stage in Albany, with proposals to provide aid for everything from granny flats to new, subsidized construction on the table. But one especially surprising, common-sense change in the state’s rent regulation appears to be attracting bipartisan support. A state Senate plan would permit up to 6% rent increases following major capital…