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November 27, 2023
Bribing Homeowners To Build Tiny Houses Won’t Solve NYC’s Housing Problem
Those who believe New York City not only needs more housing but more types of housing to serve its many types of households should be cheered by the Adams administration’s support for “granny flats.” These small “accessory dwelling units” built in backyards, converted basements or converted garages can help homeowners pay their mortgages and older adults…
November 9, 2023
What Dems — And NYC — Can Learn From The GOP’s Bronx City Council Win
Some will attribute Kristy Marmorato’s election as the first Republican to represent The Bronx in City Council in 40 years to selfish NIMBY-ism. And there is no doubt her opposition to two subsidized- (a k a “affordable-”) housing developments in the northeast Bronx (District 13) were a key factor in her defeating incumbent Democrat Marjorie Velazquez —…
October 20, 2023
Revenge of the Rust Belt: The Surprising Forces That Have Made the Midwest the Hottest Housing Market Around
In the Fortune article below Shawn Tully discusses the resurgence of the Midwest’s housing market with Ed Pinto, the Director of AEI’s Housing Center. According to American Enterprise Institute data, eight of the nine cities achieving the highest appreciation in housing prices for the 12 months ended Aug. 31 hail from the Midwest. In the pandemic-driven housing…
October 13, 2023
Liberals Reap Consequences Of Their Homeless Policies
It’s cliche to observe that socially conservative views emerge when liberals are “mugged by reality.” But when it happens to the governor of California and the local leadership of Portland and Seattle, it’s not trite — it’s important. That’s exactly what has happened in the form of a push by leaders from every Western state asking the…
October 4, 2023
Variety Is the Spice
At first glance, Mayor Eric Adams’s extensive new citywide rezoning plan, meant to encourage new housing, may seem like more of the problematic same. It emphasizes, for instance, the construction of yet more “permanently affordable” new apartments through the dubious means of permitting more units to be built if some get set aside as “income restricted.” This “inclusionary”…
September 25, 2023
A Bad Bipartisan Housing Bill: Connecting the Dots on the Helper Act
As rising home prices continue to undermine the American Dream of homeownership for hard-working Americans, Congress is considering a bipartisan bill modeled after the successful VA home loan program, to help first responders and teachers buy a home. However, as long as there is a housing shortage, first-time homebuyer assistance programs, such as the Homes…
September 21, 2023
National Home Price Appreciation (HPA) Index—August 2023
PDF to full report Key takeaways: To view more data on HPA and months supply, please visit our interactive.
September 18, 2023
There’s an Easy Fix That Would Solve Our Housing Crisis: Light Touch Density
We’re living through one of the greatest housing crunches the U.S. has ever known. It’s resulted in record numbers of homelessness and entire generations certain they will never become homeowners, that critical milestone of the middle class. But there is a simple solution to the problem. The answer to our housing crisis is to legalize…
September 12, 2023
Housing Finance Watch (Week 35 & 36, 2023)
PDF to full report Key takeaways:
August 24, 2023
Want To End Apartment Warehousing? Ease Up On Rent-Control Laws
New York City’s Independent Budget Office this week reported that some 13,000 rent-regulated apartments in the city have been vacant for more than two years — fueling the charge that owners are deliberately “warehousing” apartments to pressure legislators to ease limits on rent increases. A group called the End Apartment Warehousing Coalition, comprising 22 tenant organizations, supports…