Home Economics

March 20, 2006 Economics, Historic Districts Comments Off on Home Economics 1613

In the last month I have read two articles both titled “Home Economics” and both might be said to be profiles of anti-landmarks persons. The first was in Chicago magazine and profiled a local lawyer who helped quash landmark designation in the Sheffield/De Paul neighborhood. Her argument was that designation would hurt property values and cause all sorts of expenses for homeowners.

The other “Home Economics” profile was of economist Ed Glaeser in the New York Times, and he said just the opposite.

On Thursday the Wall Street Journal published an article about the proliferation of local historic districts driven by residents’ desire to raise their property values. That counters our Chicago attorney-cum-economist, but it supports Glaeser. Continue Reading

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