Zak Yudhishthu

@zyudhishthu.bsky.social

Sidewalk enthusiast and adopted Midwesterner (Twin Cities, Chicago). I like to write and research about housing and cities. PhD student at UW-Madison. https://pencillingout.substack.com/

Chicago is having some serious growth in rents and home values lately. Interestingly, however, bc it had really flat/negative prices after COVID, the cumulative price growth since Jan 2020 is still among the lowest in the Midwest.

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A fond goodbye to my Avondale apartment, which breaks every part of its RS-3 zoning and could never be built today ❌ 12 units (2 unit max) ❌ 40 ft tall (30 ft max) ❌ 260 sq ft lot area/unit (2,500 min) ❌ 0 ft rear setback (35 ft min) And way above the 0.9 floor-area ratio cap

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California’s elected officials are delusional in thinking they can force insurance companies to insure the uninsurable. You can pass any law you want, but if a house is worth $750k and climate models predict it will almost certainly burn within 20 years what rates would YOU charge them?

Mike Levin@mikelevin.org · 2mo ago

Californians, read this and get angry.  After many in our state lost everything in last year’s fires, insurance companies quietly buried “wildfire deductibles” in their policies. Not the standard deductible. A separate one,

"Eliminating minimum parking requirements" does not mean "eliminating parking." After Minneapolis removed parking minimums, citywide parking ratios dropped from 1.0 to 0.73 spaces per unit. Walkable areas often built little parking, while others built closer to prior levels.

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It's common to emphasize affordable housing development in higher-opportunity neighborhoods. This paper raises a nuanced tradeoff: in better n'hoods, LIHTC applicants that are (relatively) better off crowd out other tenants. Households with the highest need benefit less.

Where to Build Affordable Housing?
Evaluating the Trade-offs of Location
Cody Cookt
Pearl Z. Li
Ariel J. Binder
June 5, 2026
Abstract

How does the location of affordable housing affect the distribution of assistance, tenant welfare, and segregation? Using administrative data, we first show that, despite fixed eligibility require-ments, developments in higher-opportunity neighborhoods disproportionately house tenants who are higher-income, less likely to have children, and far less likely to be Black or Hispanic. We then build a structural model in which households choose from both market-rate and affordable housing options, where the latter must be rationed. For existing developments, the targeting of assistance is driven mainly by which eligible households apply, with developer screening playing a smaller role. Simulating new developments across neighborhoods, we find that building in higher-opportunity locations raises aggregate tenant welfare and reduces segregation, but primarily benefits more moderate-need and white households at the expense of higher-need and minority households. Policy levers available after construction, such as lowering income limits, have more limited effects than the initial choice of location.

I don’t exactly know what this mural is saying about housing affordability. But I prefer to interpret it as a statement about how migration chains enable new housing to lower prices for homes across the price spectrum

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Most policymakers would be intrigued to hear about a costless way to make homeownership more affordable. That's minimum lot size reform! While Minneapolis is rightly seen as a zoning reform leader, it still has this low-hanging fruit. New @streets.mn post on the case for lot size reform.

Streets.mn@streets.mn · 3mo ago

Minneapolis needs to reduce minimum lot sizes: https://streets.mn/2026/05/19/minneapolis-needs-to-reduce-minimum-lot-sizes/ How a simple, well-tested zoning change can make homeownership more affordable in the city.