Econamici blog

What to Do About Bad Landlords: Reflections from a Former New York City Landlord

When I married my late husband, I also married two small Upper West Side apartment buildings. I soon learned that landlording is hard, hands-on work. Many New York landlords notoriously abuse their tenants, neglect maintenance, or leave good sites vacant. This isn't capitalism, but the incompetence of owners who are

Strong Towns: A Bottom-Up Revolution to Rebuild American Prosperity, by Charles Marohn Jr.

Post WW II single family subdivisions have proved a fiscal disaster. At first, they generated substantial tax revenues, making cities eager to encourage and subsidize more of them by extending utilities. But because all the utilities and houses in a subdivision were built at the same time, they all aged

How Colonies Can Liberate Themselves by Taxing Real Estate

A colony is an area of land belonging mostly to outsiders, who extract more than they put in, hold good property underused, and control local politics. Greece, Haiti and Puerto Rico are colonies. Given the political will, and absent military intervention, colonies can liberate themselves by taxing the land.
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