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    Morning Bell: Agenda 21 and the Threat in Your Backyard

    Ready to trade in your car for a bike, or maybe a subway instead? Interested in fewer choices for your home, paying more for housing, and being crammed into a denser neighborhood? You can have all this and more if radical environmentalists and “smart growth” advocates have their way and … More

    A Pioneer in "Smart Growth" Becomes a Pioneer in No Growth

    April 30 was the last day for the planning department of Petaluma, Calif. The city decided to axe the department after it became clear that development activity was not generating sufficient revenue to cover the department’s expenses. As of March, the department was running a deficit of $280,000 for the … More

    Morning Bell: Not So 'Smart' Housing Policy

    This Wednesday, government-sponsored entity Freddie Mac announced that it lost $2.8 billion in just the last quarter alone from foreclosures and other related expenses. Both Freddie, and its sister Fannie Mae, are at the core of the recent housing finance crisis. Freddie and Fannie help finance 40% of all U.S. … More

    Krugman Right on Housing Bubble Factor

    Visiting Heritage scholar Wendell Cox has a new paper out titled “How Smart Growth Exacerbated the International Financial Crisis” in which he praises New York Times columnist Paul Krugman’s prescience on diagnosing the role of land use regulation in driving the housing bubble. Krugman wrote on August 8, 2005: But … More