![]() ![]() The Online Discourse Around Student Debt Forgiveness Is Unhinged and, Frankly, Quite Entertaining My Parents Keep Giving Me Money Because They Think I’m Broke. Viewers Lost It Over a Horrifying Scene in the New Game of Thrones. SCOTUS Will Probably Kill Student Debt Relief. But there’s been some recent scholarship that I think complicates the picture a little bit. That seems like an argument for protections for renters that don’t involve giving them more money-namely something closer to rent control, which economists usually hate. Otherwise you bid up the price of homes, and a lot of people are no better off than they were before. Expanded vouchers has to be paired with zoning reforms. There’s no equivalent on the housing side, right? So what if we took all of the money and tax credit funds and all of the other federal money that goes to localities and gave it to an MPO, and the MPO and its member organizations had to figure out a way to spend it that’s appropriate for the region? So one option is the federal government gives a ton of transportation money to regional metropolitan planning organizations, MPOs, and they have to come up with a coordinated plan to spend the transportation dollars. I think you could get more cooperation from local governments within a metro if we had different financial incentives that were channeled from the state and federal government. That’s just baked into the system of localism. As long as local governments are the primary entities that are responsible for development, land use regulation, approving housing production, and for paying for most of public services, we’re going to wind up with too little housing in the right places and enormous variation in the quality of public services across jurisdictions. ![]()
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