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...

Full description

Saved in:

Bibliographic Details
Published in:	The Journal of economic perspectives Vol. 32; no. 1; pp. 3 - 30
Main Authors:	Glaeser, Edward, Gyourko, Joseph
Format:	Journal Article
Language:	English
Published:	Nashville American Economic Association 01.01.2018
Subjects:	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 Access:	Get full text
Tags:	Add Tag No Tags, Be the first to tag this record!

Be the first to leave a comment!