Planning

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    A threat to green central planners

    Veronique de Rugy writes at Reason.com about the recent revolt against hardships imposed by “green” government planners. You know you’ve got a problem when your tax schemes are even being rejected by the French. While there’s always a danger in reducing the causes of political unrest to a…
    Mitch Kokai, December 17, 2018
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    GoDurham buses losing money; but the train is coming

    Durham’s transit agency, GoDurham, is cutting routes and changing others as management tries to reduce a budget shortfall over the next five years. Plans for a  $2.47 billion light rail system to connect Durham and Chapel Hill continue to advance. How does that happen? The city started bus routes…
    Joseph Coletti, December 14, 2018
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    Local debt means future taxes

    A simple change to ballot language and another small change in ball could have huge impacts on local borrowing. Dan Way reported for Carolina Journal that “Debt fared better than taxes in local referendums.” Only one bond referendum failed. Wake County alone received permission from voters to issue $1.017 billion…
    Joseph Coletti, November 13, 2018
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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