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*Housing

Proposition 13 and the Implicit Subsidy to Housing Prices in Los Angeles County

Proposition 13 and the Implicit Subsidy to Housing Prices in Los Angeles County

Housing is a bundled good, comprising both improvements and land. The improvements correspond to the built environment on which human activities are performed, while the land is valued only according to its location characteristics, in the form of residual location-based land rent. The taxation of… Read More »Proposition 13 and the Implicit Subsidy to Housing Prices in Los Angeles County

An Explainer and Case Study on Municipal Land Trusts featuring the Upper Harbor Redevelopment in Minneapolis, Minnesota

In recent years, cities around the U.S. have been grappling with a crisis in housing supply and affordability due a multitude of challenges, including rising costs and barriers to developing more housing. Innovative solutions and models of taxation such as land value taxes and collective… Read More »An Explainer and Case Study on Municipal Land Trusts featuring the Upper Harbor Redevelopment in Minneapolis, Minnesota

Part II: Bringing Bogotá’s Affordable Housing Experience to Bear in the U.S.

Introduction Throughout the United States, the dearth of affordable housing is a persistent issue that has proven largely resistant to traditional interventions. This blog post delineates a comprehensive strategy to ameliorate this crisis, and that recognizes the fundamental importance of land in guaranteeing all people’s… Read More »Part II: Bringing Bogotá’s Affordable Housing Experience to Bear in the U.S.