Hacker NewsThe Folk Economics of Housing
https://www.aeaweb.org/articles?id=10.1257/jep.20241428
#ycombinator #Political_Processes_Rent_seeking #Lobbying #Elections #Legislatures #and_Voting_Behavior #Search_Learning_Information_and_Knowledge_Communication_Belief_Unawareness #Urban #Rural #Regional #Real_Estate #and_Transportation_Economics_Housing_Demand #and_Transportation_Economics_Regional_Migration_Regional_Labor_Markets_Population_Neighborhood_Characteristics #Housing_Supply_and_Markets #Regional_Development_Planning_and_Policy
https://www.aeaweb.org/articles?id=10.1257/jep.20241428
#ycombinator #Political_Processes_Rent_seeking #Lobbying #Elections #Legislatures #and_Voting_Behavior #Search_Learning_Information_and_Knowledge_Communication_Belief_Unawareness #Urban #Rural #Regional #Real_Estate #and_Transportation_Economics_Housing_Demand #and_Transportation_Economics_Regional_Migration_Regional_Labor_Markets_Population_Neighborhood_Characteristics #Housing_Supply_and_Markets #Regional_Development_Planning_and_Policy
The Folk Economics of Housing - American Economic Association
The Folk Economics of Housing by Christopher S. Elmendorf, Clayton Nall and Stan Oklobdzija. Published in volume 39, issue 3, pages 45-66 of Journal of Economic Perspectives, Summer 2025, Abstract: Why is housing supply so severely restricted in US cities and suburbs? Urban economists offer two prim...