We propose a new nonparametric approach to estimate the production function for housing. Our estimation treats output … competitive house builders. For parcels of a given size, we compute housing by summing across the marginal products of non … housing across locations. We implement our methodology on newly-built single-family homes in France. We find that the …

Following popular discourse, we abuse economic terminology by defining the "housing shortage" in the United States as … of homes. The magnitude of the housing shortage is important to policymakers, who use it to measure the scope of the … housing supply problem and the extent to which proposed policies would solve it. However, previous studies understate the …

Our study investigates public opinion on the housing affordability crisis in Portugal through a nationally … rising housing prices, assess their factual knowledge of the housing market and sociodemographic trends, and indicate their … information provision on policy preferences. These results underscore the challenges of addressing housing policy through …

In this paper, we present a directed search model of the housing market. The pricing mechanism we analyze reflects the …. Our model offers a new way to look at the housing market from a search-theoretic perspective. In addition, we contribute … and (ii) has the potential to signal seller type. -- Directed search ; housing …