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Brandon Istenes

@bistenes.bsky.social

Economist and data guy. Research & organizing around the housing crisis. Socialist 🌹 urbanist 🚲 . Newsletter: https://rentrentier.com

172 Followers  |  164 Following  |  230 Posts  |  Joined: 21.11.2024
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Posts by Brandon Istenes (@bistenes.bsky.social)

Kathy Hochul meanwhile trying to kill climate protections, lying about the costs. A cap and trade proposal from the state in 2024 showed cost savings for most households. Hochul/NYSERDA just put forward an intentionally absurd proposal to undermine the idea that we can do anything.

06.03.2026 15:41 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Speaking of which, yesterday the Virginia state legislature passed LVT authorization in Charlottesville, Falls Church, Fredericksburg, and Newport News!

Now it goes to Governor Spanberger's desk, where she is expected to sign!

Which state will be next? :)

πŸ”°πŸ”°πŸ”°πŸ”°

lis.virginia.gov/bill-details...

03.03.2026 19:07 β€” πŸ‘ 17    πŸ” 8    πŸ’¬ 1    πŸ“Œ 2

single-stair housing is affordable housing

04.03.2026 15:49 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

β€œIt is difficult to imagine more arbitrary and capricious decisionmaking than that at issue here.”

03.03.2026 21:44 β€” πŸ‘ 7    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

Sometimes the universe sends us a little reminder to look at actual evidence from actually existing places rather than making a dogshit simulation

03.03.2026 02:36 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

The housing crisis has the incredible ability to send 90% of people into a mental tailspin

02.03.2026 19:54 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

In places like Kingston, NY where I live, apartments are 20% cheaper than SFH. But every market-rate unit in The Barrel Factory gets called "luxury," and local NIMBYs constantly push for multifamily developments to get downsized to SFH. e.g. Bluestone Court. "more appropriate for the neighborhood"

02.03.2026 18:47 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

This is a bizarre feature of housing discourse. All market-rate units are referred to as "luxury," much more expensive single-family homes never are.

02.03.2026 18:39 β€” πŸ‘ 4    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

Specificity isn't the problem, will isn't the problem

Disintermediation is, in fact, the problem

25.02.2026 22:16 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

I think it addresses a gap between
- the Jane Jacobs vision, where older buildings provide diversity in rents that allows a greater diversity of businesses in any neighborhood and
- the reality that in a hot rental market, land values drive rent and compress the distribution

I love my pupuseria

23.02.2026 21:30 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

I can't get over this number: in 2007, there were 360,000 newspaper jobs. Now, there are 80,000. "My local paper sucked!" Sure. What sucks even more? The void. "I get all my news from the Guardian!" No, the Guardian doesn't report on your town council, your school board, local cops.

22.02.2026 16:26 β€” πŸ‘ 7371    πŸ” 1901    πŸ’¬ 165    πŸ“Œ 204
Preview
Valuing wildfire smoke–related mortality benefits from climate mitigation | PNAS Human-induced climate change has increased wildfire risks, associated air pollution, and health damages in North America. Despite its large potenti...

🚨πŸ”₯ NEW: Increasing mortality from wildfire smoke is directly traceable to greenhouse gas emissions. In our new paper in @pnas.org , we show that every megaton of CO2 emitted costs the US more than 10 million dollars in health costs from wildfire smoke. www.pnas.org/doi/10.1073/...

19.02.2026 18:46 β€” πŸ‘ 95    πŸ” 55    πŸ’¬ 4    πŸ“Œ 5

If this destruction were caused by a person on an ebike, city hall would act overnight to clamp down on them.

19.02.2026 16:19 β€” πŸ‘ 52    πŸ” 3    πŸ’¬ 0    πŸ“Œ 0

Yeah I'm assuming that the pupuseria is paying below market rent; that there's a lot of "price discovery" that has not happened and would be encouraged by opex increases. But I don't actually know.

19.02.2026 18:09 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

But I don't think it would raise other landlords' opex just as much (granting Georgist assumptions)! Landlords on lower-priced land, outside my gentrifying neighborhood, would see smaller increases. So pupuseria would be pushed to some stroad in a shittier neighborhood. Unless I'm mistaken?

17.02.2026 23:08 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Wouldn't a LVT effectively increase the OpEx costs faced by the landlord, meaning they either need to A) raise rents faster or B) redevelop upwards (evicting the pupuseria in the process)?

Maybe I need to read the guy's book

17.02.2026 20:47 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 2    πŸ“Œ 0

What I'm worried about in my neighborhood is the loss of the pupuseria. Very modestly priced and pretty popular, esp. along low-income residents, but likely a much less valuable use of the land than e.g. a wine bar or boutique. I don't know the answer

17.02.2026 18:10 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0

If I'm reading this right, 14% of nonbinary people do not identify as LGBTQ+ ...

16.02.2026 15:46 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Another entry for the "financial capitalists benefit from NIMBYism" file

from www.multifamilydive.com/news/udr-apa...

13.02.2026 15:58 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

literally the only formation that's serious about social democrat goals (e.g. universal health care) are in fact democratic socialists

10.02.2026 14:35 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Why do you give these people the time of day? It does work on you because you are replying, you are taking the bait

10.02.2026 14:28 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Preview
How much does luxury building matter? The results of this one were a big surprise to me. The question I asked is, are rents high because the new housing that's being built is too expensive? There's a lot of attention on how expensive mark...

Once again rentrentier.com/affordable-l...

09.02.2026 17:12 β€” πŸ‘ 2    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

Absolutely iconic duo, hammer and sickle emoji poster and boomer eugenics poster, the tweedle dee and tweedle dum of NIMBYism

08.02.2026 20:42 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

people give me crazy looks when I tell them NYC isn't a real city

08.02.2026 14:48 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Labour and Dems get their consultants from the same snake pit

08.02.2026 14:46 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Isn't an ADU an insanely low-value land use for NYC?

08.02.2026 14:30 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 1    πŸ“Œ 0
Post image

ah well this assuages my concerns

08.02.2026 14:28 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

ah ok thanks

08.02.2026 14:20 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

How does LA executive directive 1 has anything to do with rent control?

08.02.2026 00:33 β€” πŸ‘ 7    πŸ” 0    πŸ’¬ 2    πŸ“Œ 0

The thing about the Frederic Jameson quote is that it's actually very easy to imagine the end of the world

05.02.2026 16:32 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0