A piece from by , Eric Toder, Claudia Sharygin & I lays out the research on the impact of SALT and MID on housing prices.
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Rolf Pendall
@rolfpendall
Professor & Head, Urban & Regional Planning, U of Illinois Urbana-Champaign. Housing, land use, banjo, guitar. He/him. Views my own. Thank you John Prine.
Champaign, ILJoined November 2010
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Adding SALT to that recipe makes life even juicier, because tax subsidies reduce the cost of consuming houses that sell for the highest prices, to the people in the highest income brackets (whose deductions typically exceed the standardized deduction).
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So "good schools," low density (because of dominant single-family houses), high-amenity public spaces, and fancy retail cumulatively increase housing values even without tax subsidies.
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These racially concentrated areas of affluence also usually have neighborhood schools with few low-income kids and students of color: they don't have much rental housing, where most students of color live. These schools have high test scores, raising home values.
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The SALT and the mortgage interest deduction work together to lock in wealth--and boost housing prices--in the nation's most exclusive neighborhoods.
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Excellent case by to "Build Back Better, Hold the SALT": Dems want to reinstate the state and local tax deduction even though it benefits only upper-income homeowners.
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Thread (cf 2019 National Longitudinal Land Use Survey): Inclusionary zoning popular; multifamily land more available locally than 10-15 years ago. But we need universal housing vouchers or higher wages to meet our needs for deeply affordable housing.
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In new @urbaninstitute research with @LydiaLoDC2 & @patrickspauster, we investigate changing ways that US cities are supporting affordable housing, between 2003-2019.
Localities are increasingly using market-reliant tools rather than self-funded efforts: urban.org/research/publi
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Crystal-clear interview with The Planning Report: summarizes reasons for the housing crisis. Scarce supply (including at the high end) ==> fewer movers ==> fewer units to move into. Solution: Build more housing for everyone. planningreport.com/2021/08/16/usc
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Great thread summarizing a revealing new article by unpacks many complex reasons for declining residential mobility rates. Supply shortage is one reason, but there's a lot more to it than that.
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New crisis of plunging residential mobility rates for renters in the US--why? Article in Housing Studies links shortages, falling homeownership, Millennials, affordability.... a puzzle to unravel. Paywall but summary here (1/n) #thread doi.org/10.1080/026730
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Has zoning really gotten more restrictive? Classic academic answer: Well, yes and no. New article out now by @JakeWegmann, @LydiaLoDC2 on local zoning change 2003-19 in major US metros shows a "shift to the extremes" of max permitted residential density. tandfonline.com/doi/full/10.10
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Come and be my colleague - Asst. Prof. - UAP careers.pageuppeople.com/968/cw/en-us/j
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5/5 We also found that places with low-density only zoning had much lower % Black and Hispanic residents than more accommodating places in the same metro areas, but racial composition didn't explain local upzoning or downzoning from 2003-19.
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Downzoning was strong in suburbs of slow-growth metro areas including Detroit, Pittsburgh, Philly, and Cincinnati. DC, Seattle, Minneapolis, and New York saw significant levels of upzoning in suburbs.
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Looking at the dynamics below these net changes, the picture is more complex, with shifting both into and out of many density ranges.
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Among 833 jurisdictions that answered this survey in 2003 and 2019, the "low-density only" club (no more than 8 units/acre anywhere in the jurisdiction) grew by 75, while a net 73 shifted to "high-density OK" (zoning allows at least 30 du/acre in the highest-density areas).
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Has zoning really gotten more restrictive? Classic academic answer: Well, yes and no. New article out now by , on local zoning change 2003-19 in major US metros shows a "shift to the extremes" of max permitted residential density.
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Zoning reform matters for supply, but it looks like even market-rate apt construction needs subsidy of some kind to deliver enough supply to keep rents low.
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Even now, a big % of low-rent apts in most US metros were built either in that surge or in the 1968-74 surge also boosted by federal spending:
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Why has Texas had low rents for so long? How much is easy zoning, and how much is the overhang of a massive apartment surplus delivered in the early 1980s thanks to tax-code subsidies + self-dealing by S&Ls that taxpayers also eventually paid for?
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Let's assume the baby bust is a new normal. How will it affect housing demand in the medium-long run? One speculation: More young adults will stay in their parents' homes until their parents die; they (esp women) will take care of parents instead of kids. (More ADUs please.)
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Join Us 4/7 11 am EST ! Authors Meet Critics: A Conversation About Work, Innovation and Inequality re: 's book: Putting Skill to Work & my book: Uneven Innovation. w/ & Marc Doussard.
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Thrilled to share article in that my dear friend & I have worked on for last sev yrs: #Pluriversalplanning scholarship: Embracing multiplicity & situated knowledges in community-based approaches. doi.org/10.1177/147309 #AcademicChatter 1/x
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Urban planner, artist, & activist Katanya Raby () joins host Courtney Kashima, AICP () to talk racial equity, educating communities, & carrying forward her grandfather's legacy of fighting for civil rights.
#BlackHistoryMonth
bit.ly/2Pe0E0b
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Today is the day! Our new #HousingPlaybook is finally here! #Housing is a human right, and we believe that housing policy must guarantee that everyone has a safe, affordable place to thrive. ✊🏾✊🏾✊🏾Newdealforhousingjustice.org #HomeIsEssential
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Dr. Novoa's work explores grassroots approaches to cultural heritage interpretation and the use of art as a research and planning method, mainly in Chile.
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Hugo's work explores consequences and adaptation to the climate emergency, mainly in Colombia.
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Delighted about my new colleague, Dr. Hugo Sarmiento, at the Dept of Urban & Regional Planning, University of Illinois at Urbana-Champaign! urban.illinois.edu/about-us/news/
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So happy that my Dept (Urban & Regional Planning, University of Illinois at Urbana-Champaign) now includes the outstanding as a new assistant professor!
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Johnny Tremaine was Bloomberg's FAVORITE BOOK!? we hated that book!
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How could they possibly include Beto and Bloomberg and NOT Julian Castro in DNC2020? And we get Pete twice? Is there a back story there?
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If you are working on being anti-racist and send your kids to segregated schools (public or private), you should give this a listen. nytimes.com/2020/07/23/pod
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HUD isn't just trying to overturn the 2015 #AFFH rule: it's deleted tools & data developed with taxpayer $ to facilitate planning for fair housing. rescued the latest update of these resources so everyone can still get access.
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Data removal alert 
@HUDgov just took down all the #AFFH data that communities, researchers, local governments and advocates have been using to identify barriers to fair housing, reverse segregation and create equitable access to opportunity 1/2
@HUDgov just took down all the #AFFH data that communities, researchers, local governments and advocates have been using to identify barriers to fair housing, reverse segregation and create equitable access to opportunity 1/2Show this thread
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Excited to see this conversation on the legacy of redlining happening in Maryland, and thrilled to be a part of it. It's going to be a good one!
Registration is open to all for this Tuesday. docs.google.com/forms/d/e/1FAI
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Read the thread, follow the links, listen to the testimonials, and act however you can.
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2 months ago, had a conversation w/ Claire, a fierce public defender in P.G. County, MD. About brutal conditions in the jail. She had collected dozens of sworn declarations so painful, the people cried when she read them back. "No one's listening." We started to brainstorm.
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2/2 Urban planners helped build these enclaves & still support exclusion there. should advance structural changes to state & local planning laws, infrastructure policies, & fiscal policies that perpetuate exclusionary enclaves.
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1/2 ..."white Americans, using their generational wealth and higher incomes, can simply buy their way into expensive enclaves with exclusive public schools that are out of the price range of most black Americans." : nytimes.com/interactive/20
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