Published: 2020 | Elliot Anenberg, Edward Kung | Federal Reserve Board Abstract We estimate a neighborhood choice model using 2014 American Community Survey data to investigate the degree to which new housing supply can improve housing affordability. In the model,…
Housing Underproduction in California – Up For Growth
Published: 2019 | Up for Growth Abstract However, this recent imbalance continues a much longer trend in California, where restrictive local development and land-use policies have curtailed housing production for decades. These policies, enacted by local jurisdictions to maintain walkable,…
Los Angeles County Annual Affordable Housing Outcomes Report
Published: 2019 | California Housing Partnership
Affordable housing in Los Angeles
Published: 2019 | Jonathan Woetzel, Shannon Peloquin, Steve Kling, Tim Ward, and Sucheta Arora | McKinsey Global Institute Abstract This does not have to involve placing high-rises on every open space. Higher density is a given, but much of the…
The Effect of New Luxury Housing on Regional Housing Affordability
Published: 2019 | Evan Mast | The Captured Economy Abstract I study the short-run effect of new housing construction on housing affordability using individual address history data. Because most new construction is expensive, its effect on the market for more…
Sand Castles Before the Tide? Affordable Housing in Expensive Cities
Published: 2019 | Gabriel Metcalf | The Journal of Economic Prespectives Abstract This article focuses on cities with unprecedented economic success and a seemingly permanent crisis of affordable housing. In the expensive cities, policymakers expend great amounts of energy trying…
Does Gentrification Displace Poor Children? New Evidence from New York City Medicaid Data
Published: 2019 | Kacie Dragan, Ingrid Ellen, Sherry A. Glied | National Bureau of Economic Research Abstract The pace of gentrification has accelerated in cities across the country since 2000, and many observers fear it is displacing low-income populations from…
Do New Housing Units in Your Backyard Raise YourRents?
Published: 2019 | Xiaodi Li | NYU Furman Center Abstract There is a growing debate about whether new housing units increase rents for immediately surrounding apartments. Some argue new market-rate development produces a supply effect, which should alleviate the demand…
California Zoning: Housing Construction and a New Ranking of Local Land Use Regulation
Published: 2019 | Salim Furth and Olivia Gonzalez | Mercatus Center Abstract New survey data on residential land use regulation in California have allowed us to create the Mercatus-Augmented Terner California Housing Regulation (MATCHR) Index, which characterizes formal restrictions on…
Supply Skepticism: Housing Supply and Affordability
Published: 2018 | Vicki Been, Ingrid Gould Ellen, Katherine O’Regan | NYU Furman Center, NYU Wagner School, and NYU School of Law Abstract Growing numbers of affordable housing advocates and community members are questioning the premise that increasing the supply…