Joe Biden, Kamala Harris push rent control — a great way to destroy cities
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Joe Biden, Kamala Harris push rent control — a great way to destroy cities

Few policies raise economists’ ire as much as rent control. “In many cases,” Swedish economist Assar Lindbeck famously said, “rent control appears to be the most efficient technique presently known to destroy a city — except for bombing.” Nonetheless, President Biden, along with Vice President Kamala Harris, recently proposed a…

Mayor Adams’ key affordable housing ‘City of Yes’ initiative skewered by Council
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Mayor Adams’ key affordable housing ‘City of Yes’ initiative skewered by Council

City Council members are raising concerns about the next step of Mayor Eric Adams’ landmark “City of Yes” plan to bring thousands of apartments to the East Bronx — claiming the chosen area lacks crucial infrastructure. Lawmakers sounded the alarm last week over the Bronx Metro-North Neighborhood Plan, which will…

Yellen to announce efforts to boost home supply as US election looms | Housing News

Yellen to announce efforts to boost home supply as US election looms | Housing News

Increased attention to home prices comes as the housing crunch becomes an increasing issue in upcoming elections. The Biden administration is announcing new steps to increase access to affordable housing as still-high prices on groceries and other necessities and high interest rates have dramatically pushed up the cost of living in the…

California farmworkers cheer new housing in town scarred by mass shooting | Housing News

California farmworkers cheer new housing in town scarred by mass shooting | Housing News

Half Moon Bay, California – Almost a year and a half after a mass shooting took the lives of seven farmworkers in the town of Half Moon Bay, California, a new project is seeking to address the poor living conditions experienced by many of the area’s agricultural workers. On Tuesday,…

Vietnam’s micro-apartments are a godsend for the poor – and a deadly risk | Housing News

Vietnam’s micro-apartments are a godsend for the poor – and a deadly risk | Housing News

Hanoi, Vietnam – In the Vietnamese capital’s Thanh Xuan district, where labyrinthine alleys bustle with residential life and the energy of nearby universities, memories of last year’s deadly apartment fire linger. Late on the night of September 12, 2023, a blaze ripped through an apartment building on Khuong Ha Street…

Thirty years waiting for a house: South Africa’s ‘backyard’ dwellers | Housing

Thirty years waiting for a house: South Africa’s ‘backyard’ dwellers | Housing

Cape Town, South Africa – In the backyard of a small house in Cape Town’s Mitchells Plain stands a one-room corrugated iron structure. Inside, Cheryl-Ann Smith, her husband and three grandsons have made a home. They are among thousands of so-called “backyard dwellers” in this impoverished area locals call Lost…

Why is Amnesty urging India to halt bulldozing of Muslim properties? | Religion News

Why is Amnesty urging India to halt bulldozing of Muslim properties? | Religion News

Amnesty International has called on Indian authorities to immediately halt the “unlawful” demolitions of Muslim properties, as it released two new reports describing the targeting of homes, businesses and places of worship across several states belonging to the minority community. Calling the demolitions a form of extra-judicial punishment, the rights…

Singapore’s Turf Club faces closure after failure to keep the pace | Politics News

Singapore’s Turf Club faces closure after failure to keep the pace | Politics News

Singapore – On a sunny Saturday afternoon in the far north of Singapore, a weekend ritual is in full swing. Racegoers at the Singapore Turf Club are crowded around banks of screens, studying the odds for the afternoon’s upcoming horse races. Many are clutching newspapers, scrutinising the form guide in…

In a Toronto neighbourhood, renters go up against big owners | Business and Economy

In a Toronto neighbourhood, renters go up against big owners | Business and Economy

Sonia Israel and her two daughters are among the more than 100 tenants of a housing complex in Toronto’s Thorncliffe Park neighbourhood who have been on a rent strike since May, withholding payment in an effort to pressure landlords to stop the process of increasing rents massively. The landlords –…