https://www.aeaweb.org/articles?id=10.1257/jep.20241428 #supplyanddemand #housingtrust #economictheory #housingmarket #complexities #cookiesfortruth #HackerNews #ngated
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...