to $65,000. Increasing the supply of affordable housing by 10%  significantly improves the welfare of all …

fact that the demand for public housing may exceed the available supply. We show that ignoring these supply side … average, 3.8 families that would like to move into the vacated unit. Simple logit demand models that ignore supply side … restrictions cannot generate reasonable wait times and wait lists. Demolitions of existing units increase the degree of rationing …

the supply of owner-occupied housing, but can also contribute to gentrification associated with the inflow of different …

Increasing supply is frequently proposed as a solution to rising housing costs. However, there is little evidence on … five years. This suggests that new construction reduces demand and loosens the housing market in low- and middle …

new housing supply can improve housing affordability. In the model, equilibrium rental rates are determined so that the … neighborhood. We find that the rent elasticity is low, and thus marginal reductions in supply constraints alone are unlikely to … level of amenities in a neighborhood—as in a Rosen-Roback spatial equilibrium framework—than by the supply of housing …

developed later, and they increase in-migration from low-income areas. Results are driven by a large supply effect - we show …

developed later, and they increase in-migration from low-income areas. Results are driven by a large supply effect—we show that …

between prices, demand and supply. Since vacancy rates are not observable, the demand-supply mismatches are identified using a … markets when complete demand, supply and pricing data are not available. The model may also be useful when data are available …