Category: Supply side

Scafflaws: Part 2, everybody knew the cameras were there

24 April, 2013 (09:00) | Affordability, building, Cities, Construction, Development, laws, New York City, safety, structures, Supply side, Zoning |

[Continued from yesterday's Part 1.]   By:David A. Smith   How safe, whose responsibility, and at what price?   Yesterday’s post,, based on an article from Crains New York (March 12, 2013),  explored a little-known but large cost of construction in New York properties – the judicial standard of absolute liability that has the effect […]

Scafflaws: Part 1, seven-figure settlements

23 April, 2013 (09:00) | Affordability, building, Cities, Construction, Development, laws, New York City, safety, structures, Supply side, Zoning |

By:David A. Smith   Lunch atop a skyscraper: workers on the Empire State Building construction (The photo was staged, but it’s still a killer image.)   Though goodness knows I shouldn’t be, I am constantly surprised by the shortsightedness of those who defend anachronistic laws that nevertheless benefit them, and even more surprised by the […]

Suburb stuffing: Part 2, Nobody’s going to stop them

27 April, 2012 (11:47) | Affordability, Apartments, China, Cities, Global news, Housing, Markets, Production, Subsidy, Supply side, Tenure |

[Continued from yesterday's Part 1.]   By:David A. Smith   In yesterday’s post, using as its source an AP story reported in the Minneapolis Star Tribune, I delved deeply into China’s efforts to shift their construction-in-overdrive model from building luxury flats (that it appears people increasingly will not buy) into building affordable flats where they […]

Suburb stuffing: Part 1, If people don’t want to buy flats

26 April, 2012 (12:01) | Affordability, Apartments, China, Cities, Global news, Housing, Markets, Production, Subsidy, Supply side, Tenure |

By:David A. Smith     If you build it, they may not come – not if they have to pay for it.  Though many are the times I’ve warned them, China’s leaders have not heard this, and they are about to find out, as reported in the Minneapolis Star Tribune:   Hangzhou, China – At […]