Zephyr Teachout
👤 PersonAppearances Over Time
Podcast Appearances
I want to keep grounded there.
I want to keep grounded there.
So as I wrote in the review, I have some initial thoughts on housing, but I actually think there's a lot of areas of overlap on housing, that we both agree that there are actually significant problems with zoning. My suspicion is that there is a... Decent amount of problem in the concentration in the home building market and some of the supplies for construction market.
So as I wrote in the review, I have some initial thoughts on housing, but I actually think there's a lot of areas of overlap on housing, that we both agree that there are actually significant problems with zoning. My suspicion is that there is a... Decent amount of problem in the concentration in the home building market and some of the supplies for construction market.
I don't know if that's different in those different areas.
I don't know if that's different in those different areas.
Yeah, but I actually suspect, like, I don't need to fight you on particular housing policies that you're deep in the weeds of, on zoning policies. Your theory, as I understand it, is that the main reason for the cost difference is... left wing resistance like Rick Caruso? You know, I think Rick Caruso is this billionaire in L.A.
Yeah, but I actually suspect, like, I don't need to fight you on particular housing policies that you're deep in the weeds of, on zoning policies. Your theory, as I understand it, is that the main reason for the cost difference is... left wing resistance like Rick Caruso? You know, I think Rick Caruso is this billionaire in L.A.
who was leading a big NIMBY movement to make sure that you shouldn't have any reform on single family housing. Does he fit into your story? Yes.
who was leading a big NIMBY movement to make sure that you shouldn't have any reform on single family housing. Does he fit into your story? Yes.
And in particular for corporate interests.
And in particular for corporate interests.
I'd have to know about the particular process vetoes that you're talking about. And I do think they matter. And as you know, one of my concerns about the book is that if you describe process vetoes generally, but don't say which ones are a problem, then it really matters.
I'd have to know about the particular process vetoes that you're talking about. And I do think they matter. And as you know, one of my concerns about the book is that if you describe process vetoes generally, but don't say which ones are a problem, then it really matters.
Like there's, you know, I actually think it's good that I was comparing the other day, I was looking at, okay, what about upstate New York versus Texas? You know, cause I don't know California housing markets, but what about upstate New York versus Texas? Not New York City, but places where there's more capacity. And roughly, it's not two point times.
Like there's, you know, I actually think it's good that I was comparing the other day, I was looking at, okay, what about upstate New York versus Texas? You know, cause I don't know California housing markets, but what about upstate New York versus Texas? Not New York City, but places where there's more capacity. And roughly, it's not two point times.
It's about 20 percent more expensive, 10 to 20 percent more expensive in upstate New York to build than in Texas. And some part of that is labor. And I think that's good. Like, I think it's good. We have a more unionized labor force now. in New York than we do in Texas. So can I come back to you with another example, which is, I think, an area where... Well, I want to stay on housing.
It's about 20 percent more expensive, 10 to 20 percent more expensive in upstate New York to build than in Texas. And some part of that is labor. And I think that's good. Like, I think it's good. We have a more unionized labor force now. in New York than we do in Texas. So can I come back to you with another example, which is, I think, an area where... Well, I want to stay on housing.
There, I don't think you can look at what has happened in New York public transit, subway and real estate without telling the story of money and politics. Like one of the big differences between the United States and Europe during the period you're talking about. is that we allowed for unlimited campaign spending. We basically made the job of politicians to be a fundraising job.
There, I don't think you can look at what has happened in New York public transit, subway and real estate without telling the story of money and politics. Like one of the big differences between the United States and Europe during the period you're talking about. is that we allowed for unlimited campaign spending. We basically made the job of politicians to be a fundraising job.