Planning

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    Can Ben Carson and YIMBYism spur more affordable housing?

    “The high cost of housing is an important factor in trapping millions of Americans in poverty,” Michael Tanner writes in National Review. “On average, Americans in the lowest third of incomes spend more than 40 percent of their income on housing, a number that rises to more than 50…
    Joseph Coletti, October 19, 2018
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    State to sell prime real estate in Raleigh

    Employees at the Division of Employment Security, which is responsible for unemployment insurance, can walk by the rooms where they were born. The building housed Rex Hospital until 1980, when the hospital moved across town. A new request for proposals for office space tipped off Triangle Business Journal that…
    Joseph Coletti, October 18, 2018
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    Cary taxpayers on hook for boutique hotel debt

    The Town of Cary provided loans worth $2.6 million to help open a boutique hotel, the Mayton Inn, in its downtown area. The federal Department of Housing and Urban Development loaned the town $1.4 million of that total. Now the hotel’s owner, Memento Mori has filed for bankruptcy and the…
    Joseph Coletti, September 27, 2018
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    Does Excessive Housing Market Regulation Cause Homelessness?

    According to a working paper published by UC Berkley’s Institute of Business and Economic Research and the Fisher Center for Real Estate and Urban Economics, the answer is, “Yes.” The paper, by Steven Raphael, is called, “Homelessness and housing market regulation.” From the abstract: I … present…
    Jon Guze, September 19, 2018
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    Entitlements always expand

    Get paid now to take parental leave in exchange for deferring Social Security payments later. It sounds like a simple and “budget neutral” to help women earn more in their careers while getting their children off to a good start. Kristin Shapiro, Andrew Biggs, and others have argued on…
    Joseph Coletti, September 5, 2018
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    Disney gives back government subsidies

    Anaheim’s libertarian-leaning Mayor Tom Tait and unions supporting a $15 minimum wage seem to have unintentionally found a way to reduce targeted tax incentives. Disney asked the city council to end a “45-year moratorium on a gate tax and a $267 million economic assistance package for a new luxury…
    Joseph Coletti, August 31, 2018
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    Regulatory reforms that help businesses start and grow

    State governments can take a number of steps to help businesses start and expand. A new report from the Pew Charitable Trusts provides examples from across the country of how regulators have used online permitting portals to make applying for permits easier and faster, prioritized enforcement against frequent violators of regulations,…
    Joseph Coletti, August 31, 2018
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    New research identifies potential Medicare savings

    A recent paper published in the National Bureau of Economic Research concluded that long-term care hospitals (LTCH) are responsible for a large amount of wasted healthcare spending and no significant increase in mortality outcomes: We…
    Jordan Roberts, August 28, 2018