Why Are Cities (Still) So Expensive? (Ep. 435)

SourceFreakonomics
SectorEconomy
CountryMiddle east

It isn’t just supply and demand. We look at the complicated history and skewed incentives that make “affordable housing” more punch line than reality in cities from New York and San Francisco to Flint, Michigan (!). Listen and subscribe to our podcast at Apple Podcasts, Stitcher, or elsewhere. Below is a transcript of the episode, edited for readability. For more information on the people and ideas in the episode, see the links at the bottom of this post. *      *      * Last week on the show, we asked if the problems caused by Covid-19 are so severe that New York City might be “over.” Max ROSE: Over my dead body is New York City over. Bravado notwithstanding, there are a lot of problems: Dan DOCTOROFF: The city is projecting $6, $7 billion deficits Jennifer ...read more...