Showing 41 - 50 of 522,609
Persistent link: https://www.econbiz.de/10011685355
Persistent link: https://www.econbiz.de/10012305581
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 …
Persistent link: https://www.econbiz.de/10011488306
This paper analyzes the effects of land use constraints on housing prices. We provide a new framework for evaluating policy when mobility across regions is allowed but limited. A key result is that loosening regulatory constraints within individual regions would have little effect on prices for...
Persistent link: https://www.econbiz.de/10003336233
Persistent link: https://www.econbiz.de/10010469411
Persistent link: https://www.econbiz.de/10001622092
Persistent link: https://www.econbiz.de/10001226918
Although the volatility of house prices is often ascribed to demand-side factors, constraints on housing supply have … the volatility of house prices and the regulation of new housing supply. I then employ a dynamic structural model of … housing investment to estimate the effect of supply constraints on both the level of new construction and the responsiveness …
Persistent link: https://www.econbiz.de/10014174266
Persistent link: https://www.econbiz.de/10003986128
Persistent link: https://www.econbiz.de/10009501977