skewart
Joined 14 years ago
Joined 14 years ago
If the Trump administration’s approach was just to build a lot of neoclassical buildings nobody would have cared.
I don’t think that means we should tell young people to take out loans to buy a Ferrari because it’s a ticket to easy money.
When the only kids going to college were either rich or highly motivated then having a degree made you stand out and could open doors. When everyone gets a degree it doesn’t make you stand out any more. Instead, not having a degree makes you look bad. (And unlike high school, which anyone can attend for free, most kids in the US need to take on a lot of debt just so the don’t get left behind.)
That said, that kind of balancing takes time in practice, so if you did find a way to deliver a lot of housing at a much lower cost you could exploit the delay and build a lot of housing quickly, which would increase supply, which would lower what buyers are willing to pay. Basically you’d have to flood the market with so much cheap housing that buyers willingness to pay goes down.
I think a better approach to fighting high housing prices is to make more different cities and towns appealing places to live. There already is a ton of housing in this country but it’s in places where not many people want to live.
Hotels face lots of regulation not only on how they operate (fire safety, egress, food safety, etc) but also where they can operate. AirBnB lets investors get around all these regulations and tap into tourism demand at a much lower cost.
So strong hotel demand certainly does push up land value overall over time, but it happens much more slowly and to a lesser extent than with AirBnB.
AirBnB gives investors a way around hotel regulations and construction costs. You can buy an existing house and with very little friction or cost start generating revenue from tourism demand.
In the 1990s in the US, before the internet took off, most people had access to one local paper (two in some cases), maybe an a few local magazines (include “alternative weekly” newspapers), a few local TV and radio stations, PBS and NPR, the 100 or so cable channels their local provider offered, the hundred or so magazines and newspapers the local Borders or Barnes & Noble sold, and whatever magazines and newspapers their library had in the periodicals section. And a lot of this media was owned by a few big corporations like Time Warner, News Corp, Condé Nast, etc.
> versus when you have just one, and that one actively works to prevent other options from emerging.
How has Facebook tried to prevent news outlets from emerging? They benefit hugely from news outlets, and kind of even depend on them for existence. They need the content for people to post and share. New publications like Vox probably owe some of their success to Facebook, and vice versa.
FB might have a lot of power to amplify traffic to certain publications (kind of like the big retail chains did in the 90s only more so), but that’s very different from actively preventing new news outlets from emerging.
It’s hard to compete with Instagram because everyone is already on Instagram, not because everyone is also on Facebook. (A lot of IG users don’t use FB much, and vice versa.) A freestanding Instagram could still easily copy and crush competitors.
Heck even if we're in the same office I'd often ping someone on text chat before walking over to their desk - it's just less rude and intrusive than forcing them to stop what they're working on and demanding to talk with them right then. A lot of teams I've worked on have communicated heavily by text chat even if we're all sitting just a few feet away from each other.
Do you find people less willing to send a message on Slack or whatever chat app you're using than they are to physically stop by someone's desk?
More broadly though, they have an incentive to weaken companies like Facebook and Google, which are effectively gatekeepers for a lot of traffic to NYT articles. Clicking on an article shared on Facebook, or clicking through to an article in a Google search result are very common ways for people to land on the NYT website. Not only is this traffic valuable to the NYT for ad revenue it's also very valuable for selling subscriptions - people are more likely to subscribe if they have been seeing and reading free articles. I think it's safe to assume the people running the NYT are aware of this dependency on search and social media platforms and are eager to do anything they can to minimize it. I have no idea how much bias, if any, actually creeps into reporting - hopefully it's none! But the business incentives are enough to make me approach any article from almost any media company about Google or FB with a dose of healthy skepticism.
In any case, architectural style and city planning are orthogonal. You can have nice walkable, cozy streets with “modern” buildings - there are lots of examples of this in Japan, Taiwan, and other parts of East Asia. And you certainly can have sprawling, hostile streets with neo-historical buildings - lots of examples in the US.
The biggest culprit preventing more walkable human-scaled streets in new cities tends to be governments and policy-makers, not architects. Decisions about zoning, land rights, transit investment, and even building codes, have a far bigger impact on the built environment than any architect does.