In City Journal, Ramon Maislen explains that solving a housing affordability crisis – New York City’s in this case – depends on driving down the costs of bringing new units onto the market. Civic governments can’t control interest rates, but they can cut red tape, local taxes and constraints on construction companies. “If we want lower rents,” Maislen observes, “we need more housing. And if we want more housing, the math needs to add up for the people who build it.”
A Spite That Knows No Bounds
Gratingly awful global scold Greta Thunberg’s latest stunt is to turn on her own motherland. Sweden has been very good to her, but the former social-democratic paradise’s mugging by the realities of uncontrolled immigration do not sit well with the keffiyeh-clad rabblerouser. “For years, Sweden took more asylum seekers per capita than any other country in Europe,” writes Fredrik Karrholm in The Spectator. “Now asylum numbers have fallen to their lowest level since 1985.”
