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 … indicating that the supply elasticity is largely a local phenomenon, i.e., dependent mainly on city specific factors rather than …

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 … indicating that the supply elasticity is largely a local phenomenon, i.e., dependent mainly on city specific factors rather than …

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 …

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 …

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 …

unavailable for new housing development. Variation in supply elasticity for apartments across LGAs is unrelated to any of the …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 …

, empirical work on housing supply outside the US is scarce. This paper considers various measures of housing supply in the …In spite of a growing recognition of the importance of supply conditions for the level and volatility of house prices …, and new housing construction in units, we derive time series of structure and location quality in a hedonic analysis. Each …

future gains, undermines housing policies that aim to increase supply and reduce prices through rezoning. We shed light on … the problems with the static economic models of housing supply that inform these policies by looking at the degree to … function as inventories, and are hence minimised, we find that (1) over 200,000 housing lots, or 13 years of new supply, are …

We present a modified open monocentric city model that assumes that land is available for conversion into new housing … throughout the city. The model predicts that positive local income shocks (i) increase the city's share of multi-family housing … Housing Survey from 1984 to 2004 and find support for both predictions. We confirm that the adjustment process is driven by …