I spent the afternoon yesterday helping my neighbors pack, clean, and complete a series of fix-it projects around their apartment. They’re moving from San Francisco to a semi-rural town of 28,000 in western Massachusetts. My neighbor bought her one bedroom apartment a decade ago for what seemed like the outrageously high price of $400,000. Today … Continue reading The Big Move
A recent post about the regulatory and cultural dynamics in Thousand Oaks, California was reposted on various platforms on the interwebs and elicited some very different responses. Readers on right leaning sites were incredulous that anyone would criticize the hard working and already over taxed families who were merely defending what they’ve earned. What right … Continue reading Maids’ Rooms, Garden Pavilions, Coral Vanities, and Thought Experiments
The current conundrum for many people is simple. You might want to live in one of the expensive bubbles of economic and cultural vibrancy in order to access good paying jobs and upward mobility. But the cost of property and rent are insane. You could live in a radically less expensive part of the country … Continue reading The Urban Frontier Cabin
I got a phone call a few months back from a woman in Arizona who sought my advice. Her town was receiving an influx of new residents from out of state and it was obvious the trend was accelerating. The resulting growth and economic distortions caused by an expanding population, more traffic congestion, less open … Continue reading The Californians Are Coming!
I recently participated in an affordable housing conference in Orange County. I’ll write on the specifics of the event in a future post. But as is typical I learned more outside the university environment than at the event itself. There’s always a gap between professional statistical analysis and external reality. Humans are odd creatures that … Continue reading The Airport Lounge School of Economics
Here’s a spot in Santa Ana, California – although it could be just about anywhere. Every town in North America has a string of used car lots along the sides of its aging eight lane suburban arterials. In this location land values and market demand for housing are so incredibly high even the obscene regulatory … Continue reading The Platypus
I spent the morning touring a friend’s newest project as we went over the things that needed to be done. Cleaning, painting, tinkering. He just sold his suburban home since he was ready to move on and this is a great time to sell property. However, it’s a terrible time to try and buy. So … Continue reading Bay Area*, Two Beds*, Two Baths*, Utilities Included, $340* a month (See Asterisks)