CNN's John Sutter asks why some municipalities might want to maximize the value of their land. He says it would require a benevolence city manager, but that could be OK as long as he or she has an exit option. The cities were what known as growth machines throughout most of the 50s and 60s according to Sutter. But they've been sabotaged by policies like property taxes in recent years, which are meant to fund public goods such as school funding.
Economic historian Judge Glock talks to EconTalk host Russ Roberts about zoning and the housing market. Glock argues the impact on zoning on housing affordability is small and that we should learn to love property taxes as long as they're administered properly. The conversation includes a discussion of the environmental impact of urban sprawl--Glock argues sprawl has certain environmental benefits.