Oikarinen, Elias; Peltola, Risto; Valtonen, Eero - 2014
The long-term price elasticity of supply of housing is a key factor determining the growth rates of housing prices and … housing supply as the city grows. Therefore, the housing supply elasticity has considerable influence on the competitiveness … regional variation in the supply elasticity of housing within the U.S. The literature further shows that the supply elasticity …