Void of analysis, rent control sounds utopian. Yet, the effects are unfortunate: tenants face limited housing stocks that are either run-down or unaffordable; landlords lose money, and ultimately stop investing and building altogether.
Stutzer and Frey found that a person with a one-hour commute has to earn 40% more money to be as satisfied with life as someone who walks to the office.
Taking Parking Lots Seriously, as Public Spaces. Perhaps parking lots don’t have to be dead zones in cities. Would be neat to see some of the ideas deployed on a larger scale.