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Posts tagged Economics

Scratching By (Cont’d): The Government Land Cartel Vs. Costs Savings and Urban Living

Regulation of the Day 130: Roommates. OpenMarket.org (2010-03-30):

In New York City, it is illegal for four or more unrelated people to live together. At least 15,000 New York homes openly flout the rule. The ranks of lawless hooligans cut across lines of class and race. According to the New York Times, violators "include young actors and ponytailed…

Yet another way that government intervention and Land Monopoly creates sprawl, ratchets up fixed costs of living, and artificially transfers money from working folks to landlords and “developers.”

Countereconomics is already making inroads; but 15,000-odd people in New York City is only the first baby step towards freedom. A real free-market city would look nothing like the cartelized, rigidified land-grab sprawl created by the rigged markets and pervasive interventions by local governments that we have today.

Wednesday Lazy Linking

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