John Arnold points us to this table on new apartments and pointedly notes that the population of LA (18.5 m) is more than 7 times that of Austin (2.5m).
MR readers will not be surprised to learn that apartment prices are falling in Austin.
Meanwhile the WSJ reports another shocker, New York’s Airbnb Crackdown, in Force for Two Years, Hasn’t Improved Housing Supply. But guess what has happened? Ok, you don’t have to guess. Hotel prices have increased:
Hotels tend to benefit from tighter Airbnb restrictions, especially in New York City. Significantly reducing the number of apartments that can be rented for less than 30 days undeniably boosts demand for hotel rooms in a city visited by tens of millions of tourists a year.
Without the law, “we would be in a catastrophic situation,” said hotelier Richard Born, who owns 24 hotels across the city.
The post Housing 101 appeared first on Marginal REVOLUTION.
By Kristin Marting. On 6 April 2026, TORCHES continues with a conversation with the incomparable…
The Rangers’ kids are coming alive, snapping the Rangers’ six game losing streak in a…
OKX’s X Layer is the 21st blockchain to integrate Aave, which recently surpassed the $1…
Half Man premieres 23 April on HBO and HBO Max in the US and 24…
Marginal Garfield generates an original Garfield cartoon every day based on posts from Marginal Revolution!…
You can find a classroom-ready copy of our Anticipation Guide prompts here. The Great Gatsby…