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An Economist’s Guide To California’s 2020 Propositions

by Lee Ohanianvia California on Your Mind
Tuesday, October 13, 2020

California has plenty of issues for voters to decide on this year, ranging from regulating how gig drivers can work to potentially doing away with 1978’s Proposition 13 property tax protection for many businesses. And as always, at least some politicians will be hoping you don’t read the fine print or look under the hood of what you will be voting on. Below are economic issues on some of the most widely discussed propositions.


Equity And Unintended Consequences In The Washington Suburbs

by Chester E. Finn Jr.via Flypaper (Fordham Education Blog)
Wednesday, October 7, 2020

Not far from my backyard, two big public-school systems are on the verge of letting their attentiveness to equity and racial justice lead to consequences they may end up regretting. And that saddens me, both as their neighbor and as one who cherishes both pluribus and unum, both excellence and equity.

In the News

Californiaʼs Assault On The Commercial Real Estate Industry

quoting Lee Ohanianvia California Globe
Thursday, September 10, 2020

Real Estate brokers warn: anti-real estate and business legislation, tax increases, rent control, have devastating effect on CRE investment, development and management.

Analysis and Commentary

Will Property Rights Be Permanently Diminished?

by David R. Hendersonvia EconLog
Wednesday, September 2, 2020

On Saturday, the federal government’s Center for Disease Control will issue a new regulation barring eviction of millions of residential tenants around the country. If it survives likely legal challenges, the new policy would set a dangerous precedent undermining federalism, the separation of powers, and property rights. Conservatives, in particular, will have reason to regret it when a Democratic president inherits the same sweeping powers.


How Much House Does $25 Million Buy In San Francisco?

by Lee Ohanianvia California on Your Mind
Tuesday, August 25, 2020

San Francisco is the most expensive housing market in the country. But doesn’t $25 million—not $2.5 million, $25 million—buy you a lot of house? You might be surprised at just how little. As I describe below, this home showcases just how comically distorted California’s housing policies have become, and why San Francisco continues its chronic march toward falling off an economic and social cliff.


At $700 Per Square Foot, New Homeless Sheds Top Luxury Housing Costs

by Lee Ohanianvia California on Your Mind
Tuesday, May 5, 2020

San Jose recently completed 40 “tiny houses” that will provide temporary housing for 40 homeless people at a cost of $2.2 million, or about $55,000 per 8-by-10-foot prefabricated tiny house. Each unit, which appears to be a gussied-up storage shed, has a single bed, a desk and chair, and a couple of shelves. Communal bathroom and kitchen facilities are nearby, along with a computer room, a lounge, and a dog park.

In the News

The Greed Of ‘Keep Your Rent’

quoting Thomas Sowellvia The Epoch Times
Wednesday, April 1, 2020

“Keep Your Rent” is a radical collectivist mob-style campaign based on greed and jealousy that encourages tenants not to pay rent due on April 1.

Analysis and Commentary

Jenny Schuetz On Land Regulation And The Housing Market

by Russ Robertsvia EconTalk
Monday, March 30, 2020

Jenny Schuetz of the Brookings Institution talks with EconTalk host Russ Roberts about zoning, boarding houses, real estate development, and the housing market.


Unsung Hero

by John H. Cochranevia Grumpy Economist
Sunday, March 22, 2020

Mark Calabria,  Director of the Federal Housing Finance Agency, which oversees Fannie and Fredy, announced an excellent policy response to the virus.

The Grumpy Economist
Blank Section (Placeholder)Analysis and Commentary

The Grumpy Economist: How We Broke (And May Be Fixing) Housing

with John H. Cochranevia The Grumpy Economist | A Podcast with John H. Cochrane
Wednesday, March 18, 2020

Government interventions have grossly distorted housing markets — but a promising new movement may counteract some of the damage.