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Published · transcript-backed

Alain Bertaud: recommendation

25 Sept 2019 Conversations with Tyler Alain Bertaud on Cities, Markets, and People

“I think that part of the problem we have in infrastructure is precisely that. I think that would be what I will recommend.”

— Alain Bertaud

Source trail

Everything needed to verify it.

Speaker
Alain Bertaud
Attribution
Verified speaker
Claim type
recommendation
Recorded
25 Sept 2019
Publisher
Conversations with Tyler

Transcript context

…Many of the examples in your book — counter-examples — were from New York City, whether it’s the affordable housing lottery or trading FAR [floor area ratio] for benefits like fountains or parks. If tomorrow you stumbled upon a magical genie and he said, “Give me three policy recommendations, and they shall become law to maximally benefit the citizens of New York.” What would they be? I will remove all floor ratio restrictions. I will remove the minimum floor space requirements. And I will make sure that no developer ever gets a holiday on property tax. I think this is too convenient for politicians. It never appears in the budget. It’s just a decrease in the revenue. I think that part of the problem we have in infrastructure is precisely that. I think that would be what I will recommend. Now does that have a chance to be? Again, you asked me something magic here, so I’m answering a magic answer. Question from the iPad: “I work for Uber. Tell me what you think we’re doing wrong.” [laughter]…

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