




@lugaricano argues: If AI raises global interest rates by boosting productivity, but Europe fails to adopt AI, Europe imports higher r without higher g -- a path to fiscal crisis.
John Myers
5.6K posts

@johnrmyers
Director @yimbyalliance. Also bsky: https://t.co/JU59hIdzV7. Housing: https://t.co/E7dafl5Evt





@lugaricano argues: If AI raises global interest rates by boosting productivity, but Europe fails to adopt AI, Europe imports higher r without higher g -- a path to fiscal crisis.



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New AGF blog: Tokyo is the world's most affordable megacity--and they're still permitting homes at many times the pace of NYC, London, Paris Yet land prices are still very high! A 1-acre suburban home in Chiyoda would cost over $100M before you nail the first board Tokyo shows structures can be affordable if you stack enough of them on pricey land. It also shows that YIMBYism will not crash land markets or impoverish land-rich homeowners in attractive areas Tokyo also heightens the contradictions of the profit-focused version of the Homevoter Hypothesis: In the highest-demand neighborhoods of the US, the homevoters prioritizing "Boomer suburb vibes" are not just hurting renters, they're costing *themselves* billions of dollars of land value








I enjoyed this as ever @timleunig but I would worry about whether we will realistically hold the line at 10% and whether this could risk a slide into ‘original sin’ of issuing entirely in EUR because it looks cheaper in the short run? ft.com/content/e709d8…


@JuliaLopezMP Unfortunately, in one of the most absurd rulings I can remember, ministers' ChatGPT usage is deemed to be FOI-able. This is obviously hugely corrosive and more or less guarantees that no minister will (say they) use AI. See e.g. gov.uk/government/pub…


What if the residents of a street could collectively decide to build more homes on it - and share directly in the benefits? That's street votes. In our new paper with @LabourTogether we set out how community-led street votes could help @SteveReedMP build 1.5 million new homes. labourtogether.uk/all-reports/st… Street votes let neighbours come together, work with an architect, agree a new plan for their street, and vote. If they say yes, building happens with their consent, on their terms, with benefits flowing to the people who already live there. Building in towns and cities is vital - it adds much-needed homes where people want to live, it’s more sustainable and it grows a more resilient local economy. But building in cities and towns is difficult. Under street votes, instead of builders, councils, and residents fighting each other, the community can push for more homes themselves. And because ordinary people are driving the change on small sites, new homes can be built faster than the big schemes relying on big developers. Street votes learn from international schemes that have delivered tens of thousands of homes a year in cities like Seoul and Tel Aviv. Applied here, the evidence suggests up to 30,000 new homes a year in the places we need them most - with the first homes delivered before the end of this Parliament. Much of the work has already been done to put communities in the driver’s seat with street votes. MHCLG just needs to implement the rules. In this paper, @1jamesHowat, @KaneEmerson & @dc_lawrence set out the final steps that the Government should take to build thousands of new homes with popular support.

What if the residents of a street could collectively decide to build more homes on it - and share directly in the benefits? That's street votes. In our new paper with @LabourTogether we set out how community-led street votes could help @SteveReedMP build 1.5 million new homes. labourtogether.uk/all-reports/st… Street votes let neighbours come together, work with an architect, agree a new plan for their street, and vote. If they say yes, building happens with their consent, on their terms, with benefits flowing to the people who already live there. Building in towns and cities is vital - it adds much-needed homes where people want to live, it’s more sustainable and it grows a more resilient local economy. But building in cities and towns is difficult. Under street votes, instead of builders, councils, and residents fighting each other, the community can push for more homes themselves. And because ordinary people are driving the change on small sites, new homes can be built faster than the big schemes relying on big developers. Street votes learn from international schemes that have delivered tens of thousands of homes a year in cities like Seoul and Tel Aviv. Applied here, the evidence suggests up to 30,000 new homes a year in the places we need them most - with the first homes delivered before the end of this Parliament. Much of the work has already been done to put communities in the driver’s seat with street votes. MHCLG just needs to implement the rules. In this paper, @1jamesHowat, @KaneEmerson & @dc_lawrence set out the final steps that the Government should take to build thousands of new homes with popular support.

What if the residents of a street could collectively decide to build more homes on it - and share directly in the benefits? That's street votes. In our new paper with @LabourTogether we set out how community-led street votes could help @SteveReedMP build 1.5 million new homes. labourtogether.uk/all-reports/st… Street votes let neighbours come together, work with an architect, agree a new plan for their street, and vote. If they say yes, building happens with their consent, on their terms, with benefits flowing to the people who already live there. Building in towns and cities is vital - it adds much-needed homes where people want to live, it’s more sustainable and it grows a more resilient local economy. But building in cities and towns is difficult. Under street votes, instead of builders, councils, and residents fighting each other, the community can push for more homes themselves. And because ordinary people are driving the change on small sites, new homes can be built faster than the big schemes relying on big developers. Street votes learn from international schemes that have delivered tens of thousands of homes a year in cities like Seoul and Tel Aviv. Applied here, the evidence suggests up to 30,000 new homes a year in the places we need them most - with the first homes delivered before the end of this Parliament. Much of the work has already been done to put communities in the driver’s seat with street votes. MHCLG just needs to implement the rules. In this paper, @1jamesHowat, @KaneEmerson & @dc_lawrence set out the final steps that the Government should take to build thousands of new homes with popular support.