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COMMENTARY: Housing shortage is progressives' problem to fix - Vimarsana News

COMMENTARY: Housing shortage is progressives' problem to fix

By Ramesh Ponnuru OVERREGULATION of housing—from restrictive zoning laws to onerous building codes—is implicated in a great many of America’s problems. A lot of people who have studied the issue from varying political viewpoints have reached that same understanding. If the negative effects are getting clearer, though, the path ahead isn’t. The most obvious ramification of overregulation is that it keeps the housing supply too low and prices too high so that affordable housing is less available. It also reduces geographic and economic mobility if people canâ€...

Deregulation is key to affordable housing - StarTribune.com - Vimarsana News

Deregulation is key to affordable housing - StarTribune.com

Deregulation is key to affordable housing Nothing regulated the way we regulate housing would ever be "affordable."  By Ramesh Ponnuru, Bloomberg Opinion (TNS) May 1, 2021 — 6:00pm Text size Copy shortlink: Overregulation of housing — from restrictive zoning laws to onerous building codes — is implicated in a great many of America's problems. A lot of people who have studied the issue, from varying political viewpoints, have reached that same understanding. The most obvious ramification of overregulation is that it keeps hous...

Why a New Proposal Might Kill New York's Hospitality Comeback – SURFACE - Vimarsana News

Why a New Proposal Might Kill New York's Hospitality Comeback – SURFACE

The Download: Arguing it will significantly reduce future tourism tax revenue, budget and city planning officials are decrying a new plan backed by Mayor Bill de Blasio and other New York City leaders to require every new hotel to win approval from the City Council. What’s Happening: City officials maintain the proposal—which would put hotels in the same category of neighborhood-altering projects such as airports, helipads, racetracks, large stadiums, and drive-in movie theaters—would harm the economic recovery and urban planning. The plan has the backing of the hotel workers union, Hot...

Friendly Fire at NYT: NYC's Rich COVID Deserters Aren't Welcome Back - Vimarsana News

Friendly Fire at NYT: NYC's Rich COVID Deserters Aren't Welcome Back

The The 2,000-word rant was penned by Jacob Bernstein, son of Washington Post journalist Carl Bernstein and his second wife, journalist and screenwriter, Nora Ephron. In other works, the culturally plugged-in Bernstein found an impressive bunch of likeminded individuals to trash their fellow elitists. While Luke Winkie’s mean-spirited Times essay in March seemed tongue in cheek, Bernstein's wasn't and gave off an ethnocentric, we-don’t want your-kind energy as even a picture caption targeted a specific group: “Men in suits on New York City’s streets again: an unwelcome sight f...

Why Did Rich People Leave New York City During the Pandemic? - Vimarsana News

Why Did Rich People Leave New York City During the Pandemic?

Sure, the tax revenue is nice. But …. An outdoor diner with pooch.Credit...Daniel Arnold April 15, 2021Updated 10:51 a.m. ET Even without final data from New York City about how many people remained in the city during the pandemic, an abundance of anecdotal evidence exists about the exodus of its wealthiest residents. At the writer Molly Jong-Fast’s Upper East Side apartment building, less than half a dozen of the 47 units were occupied in April 2020, she said. Mark Armstrong Peddigrew, a personal trainer in Lower Manhattan, said that roughly 85 percent of his clients left town. At Loaves...