Previous empirical investigations provide evidence of substantial regional variation in the supply elasticity of housing. They further show that the elasticity and its variation across cities within the U.S. are significantly influenced not only by regulatory supply constraints, but also by the...

This article hypothesises that, due to factors such as thin trading and lack of publicly available data on transactions in the land market, urban land prices react more sluggishly to shocks in market fundamentals than housing prices do. Based on a vector error-correction model utilising...

Previous empirical investigations provide evidence of substantial regional variation in the supply elasticity of housing, and show that the elasticity and its variation across cities within the U.S. are significantly influenced by regulatory supply constraints, city level population, population...