We can have one without the other
In our previous article describing speculation on vacant urban land, we pointed out that the attention paid to vacant housing often overlooks another type of pernicious vacancy: housing units that aren’t even built in the first place. Sometimes this looks like plots of land lying vacant for decades,… Read More »Squandered Opportunity: The Social Cost of Underutilized Land
In our previous article describing speculation on vacant urban land, we pointed out that the attention paid to vacant housing often overlooks another type of pernicious vacancy: housing units that aren’t even built in the first place. Sometimes this looks like plots of land lying… Read More »Squandered Opportunity: The Social Cost of Underutilized Land
As academics, advocates, and pundits scramble to explain the rising burden of housing costs in American cities, much has been written about the specter of vacant housing. A symptom of wealthy speculators, vacant units indicate that many investors are happy to park their wealth in real estate and profit… Read More »Everybody Works But The Vacant Lot: How Speculators Profit From Our Thriving Cities
“Could I begin life again, knowing what I now know, and had money to invest, I would buy every foot of land on the island of Manhattan.” So wrote one of the original robber barons of the early nineteenth century. Yet almost 200 years later,… Read More »Moving the Land to Those Who Will Use It
LLCs are a way to combine the benefits of a traditional corporate structure with enhanced anonymity and reduced tax-liability, making them the ideal method for limiting risk while at the same time maximizing profits. This incentivizes land speculation rather than reinvestment in the land in… Read More »Vacant Land Usage and LLCs in New York City
