Jake Schmidt (@TheJakeSchmidt) profile picture

Just some guy. Housing policy, bikes, mass transit, New York City, local politics, finance, software engineering, not necessarily in that order.

New York, NY
Joined June 2012
Photo by Jake Schmidt (@TheJakeSchmidt)Photo by Jake Schmidt (@TheJakeSchmidt)Photo by Jake Schmidt (@TheJakeSchmidt)Photo by Jake Schmidt (@TheJakeSchmidt)Photo by Jake Schmidt (@TheJakeSchmidt)Photo by Jake Schmidt (@TheJakeSchmidt)Photo by Jake Schmidt (@TheJakeSchmidt)Photo by Jake Schmidt (@TheJakeSchmidt)Photo by Jake Schmidt (@TheJakeSchmidt)Photo by Jake Schmidt (@TheJakeSchmidt)
Jake Schmidt retweeted
Your local planning department doesn't need "capacity". They need Ctrl-F+Delete and a paper shredder. All the best neighborhoods were built before zoning--before the regulatory tools of postwar planning to microregulate the private realm & mandate car use were constitutional
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Jake Schmidt retweeted
Like, the problem of high-income households struggling to make ends meet is 100% a problem of high housing costs. Making it about taxation or groceries or whatever else is just obviously wrong and we're going to end up in the same place pursuing the same brain-dead policies in a few years if we don't solve this.
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Jake Schmidt retweeted
I believe most of NYC’s budget issues can be solved with growth, but current discussions seem uninterested in that. Tech and finance should be expanding in NYC , and remote workers should want to move here because NYC is a better place to live than other places
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Jake Schmidt retweeted
Guess what color the cities are that urban economists call superstars.
It's by far the more common occurrence. People leave small towns for cities, and they don't go back.
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Reminder that this is how new housing works, as backed up by published research.
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Cities are failing families, and parents are opting out. NYC lost 17% of its under-5 population since 2020. SF has more dogs than kids. Meanwhile, birthrates plummet. The US won't succeed without fixing this. Yesterday I published an 8-part "Abundance for Families" agenda: 🧵
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Jake Schmidt retweeted
CHPE, the Canadian hydropower link, will end the blackout threat to NYC in 2026 But until it opens, respect the grid emergency texts! Prematurely shutting Indian Point has risked a blackout for millions & guaranteed filthy air in every heatwave til 2026 teapawt.net/bfurnas/status/1936875…
We can’t get CHPE (the transmission line to Canadian hydropower) switched on soon enough.
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Today we’re releasing the first round of grades for our 2025 NYC Mayoral Scorecard — starting with housing. We evaluated the platforms & actions of the top seven candidates to see who’s serious about solving the city’s housing shortage — and who’s falling short.
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This is very well done from @CitizenCodex on an underrated problem in housing policy/analysis. rentmadness.citizencodex.com…
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Jake Schmidt retweeted
Blowing a $50 billion hole in the budget of every state flagship and top private university in America. Gunshot wound to the head of the best education system in the world and the crown jewel of American soft power. Absolute madness.
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BUILD BABY BUILD.
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THREAD: Today, we’re proud to announce our 2025 endorsements for New York City Council. This slate of 12 housing champions—twice as many as last cycle—will be supported by our grassroots members and over half a million dollars from our IE @AbundantNewYork.
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Why are we so fired up about the housing shortage? Because it’s making our friends and family leave New York.
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Housing is subject to the law of supply and demand. If we want it to be affordable, we need to build a lot more.
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No, they don't. The property tax is relatively economically efficient, and shifting to any alternative tax would harm economic growth.
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In 2021 we rezoned: SoHo/NoHo = 3,000 homes Gowanus = 8,000 homes Today, we passed something 10x larger than either: City of Yes = 80,000 homes But in order to end our housing shortage, we will need reforms 10x larger than today’s.
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Jake Schmidt retweeted
A good rule of thumb: if you encounter some bit of viral outrage, it's probably a complicated issue that someone is mischaracterizing in order to get attention or promote their agenda A caveat: unless it's about Trump, in which case it's probably WORSE than it looks.
Why is More Perfect Union posting a press release from an anesthesiologist association complaining about only getting paid the Medicare rate? Don’t we want *all doctors* to get the Medicare rate? Lina Khan is literally suing the anesthesiologists right now for surprise billing!
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I actually think it’s the opposite takeaway. If she loses despite a pretty good campaign overall it just proves that Biden and inflation were too much to overcome. Basically every incumbent government in the western world has fallen to inflation + general post-COVID anger.
if she loses this it’s entirely her fault btw
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If you think people aren't New Yorkers because they weren't born in New York you've missed the whole point of the city and have no business representing it
CM @VickieforNYC hurled insults at @chabot_jackson because he wasn't born in NYC???
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New: A @slingshotstrat poll of 900 NYC voters shows that 81% of New Yorkers support City of Yes for Housing Opportunity. Let's dig into the results: 1/🧵
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