Why Cities Should Convert Public Property to Private Housing

Source: Foundation for Economic Education
by D Dowd Muska

“In a recent piece for Works in Progress, ‘a magazine of new and underrated ideas to improve the world,’ Zigmund Forrest and Maxwell Tabarrok noted that since ‘the completion of Battery Park City in 1976, there has not been a single major urban land reclamation project in the United States.’ The researchers believe that water-adjacent cities should ‘make more land’ to, among other things, boost affordable housing. But there’s another approach urban America can employ to promote budget-friendly homes, and it doesn’t require massive civil-engineering projects: Sell the properties it’s been hoarding.” (09/28/26)

https://fee.org/articles/why-cities-should-convert-public-property-to-private-housing/