Edward Glaeser - Cities, Terrorism, Housing, & Remote Work

Land Tax

The debate around implementing a land value tax in cities is a complex one. Edward Glaeser acknowledges the attractiveness of a land value tax, as it doesn't discourage development like a real estate tax might. He argues that while it's a sensible idea, it isn't a cure-all for urban issues.

One can make an argument that in those places that just have a property tax that you could replace it with a land value tax with little loss, but at the national level, it's not a particularly progressive tax.

--- Edward Glaeser

Glaeser also reflects on the legacy of builders like Robert Moses, suggesting a balance between empowering builders and respecting community needs 1 2.

   

Local Limits

Local regulation often hinders urban development, particularly in housing. Edward Glaeser argues for more property owner rights to facilitate housing projects, suggesting that localities should not have the ultimate veto power. He believes that cities should be places where outsiders can find opportunities, and excessive local control can stifle this potential.

I'm not sure exactly that I'm claiming that I want less democracy, but I do want more limitations on how much regulation localities can do.

--- Edward Glaeser

Glaeser also highlights the challenges urban schools face due to public sector unions, which can dominate management and hinder effective competition 3 4.

   

Immigration Impact

The potential impact of increased immigration on urban housing is significant. Edward Glaeser supports the idea of open borders, envisioning a future where cities accommodate a much larger population. However, he acknowledges that this would require substantial reforms in housing and infrastructure.

A billion people over ten years is sort of an unimaginably large amount of people over a relatively short period of time. I'd love to give it a shot.

--- Edward Glaeser

He also discusses the tension between local progressive goals and the mobility of wealthy individuals, which can lead to challenges in implementing effective local policies 5 6.