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Explainer: Supply constraints do not explain house price and quantity growth
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Explainer: Supply constraints do not explain house price and quantity growth
By Cameron Murray and Tim Helm This article was originally published on Fresh Economic Thinking. Posted here with permission. A recent working paper by Schuyler Louie, John A. Mondragon, and Johannes Wieland has been making waves in urban economics circles. The paper title might provide a clue as to why— “Supply Constraints do not Explain House Price and Quantity Growth Across U.S. Cities”. The effect of land-use regulations on housing affordabi…
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