The Economic Implications of Housing Supply

In this essay, we review the basic economics of housing supply and the functioning of US housing markets to better understand the distribution of home prices, household wealth, and the spatial distribution of people across markets. We employ a cost-based approach to gauge whether a housing market is...

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Veröffentlicht in:	The Journal of economic perspectives Jg. 32; H. 1; S. 3 - 30
Hauptverfasser:	Glaeser, Edward, Gyourko, Joseph
Format:	Journal Article
Sprache:	Englisch
Veröffentlicht:	Nashville American Economic Association 01.01.2018
Schlagworte:	1985-2013 Construction costs Cost estimates Costs Economic costs Economic theory Externality Households Housing Housing costs Housing market Housing needs Housing prices Housing supply Incentives Land use Market prices Prices Production Production costs Productivity Regulation Relocation Residential buildings Residential patterns Spatial analysis Supply & demand Taxation Wealth Wealth distribution United States > US
ISSN:	0895-3309, 1944-7965
Online-Zugang:	Volltext
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