We report supply elasticity estimates of residential property (houses and apartments) for Local Government Areas (LGAs …) in metropolitan Sydney. Using annual data for 1991-2012, the average supply elasticity estimate across all LGAs is 0 … elasticity across LGAs. For houses, supply elasticity is negatively related to an LGA's population density, the time taken by a …

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 …