Gandhi, Sahil; Green, Richard K.; Patranabis, Shaonlee - 2021
One housing paradox in many markets is the simultaneous presence of high costs and high vacancy. India has expensive … housing relative to incomes and an urban housing vacancy rate of 12.4%. We look at two possible explanations for vacancy – pro … laws would have a net welfare benefit and could reduce India’s housing shortage by 7.5% …
