Published: 2020 | Kasey Zapatka, Brenden Beck | Urban Studies Abstract Consumption-side theorists of gentrification examine the flow of middle-class White people into previously working-class neighbourhoods and argue that their demand for housing stimulates gentrification. In contrast, production-side theorists emphasise…
The Price of Inclusion: Evidence from Housing Developer Behavior
Published: 2020 | Evan Soltas Abstract In many U.S. cities, incentives and regulations lead developers to build mixed-income housing. How cost-effective are these policies? I study take-up of a tax incentive in New York City using a model in which…
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…
Does Luxury Housing Construction Increase Nearby Rents?
Published: 2018 | Evan Mast | Upjohn Institute for Employeement Research Abstract A major obstacle to new housing construction in gentrifying neighborhoods is the fear that new units will induce additional housing demand, increasing local rents and fueling further gentrification.…
Inclusionary Housing Policy in New York City: Assessing New Opportunities, Constraints, and Trade-offs
Published: 2015 | Josiah Madar | NYU Furman Center Abstract Many jurisdictions with high housing costs, including New York City, have supplemented traditional affordable housing production programs with inclusionary housing programs. By tying the creation of affordable units to market-rate…
Urban Land Use Regulation: Are Homevoters Overtaking the Growth Machine?
Published: 2014 | Vicki Been, Josiah Madar, Simon McDonnell | Journal of Empirical Legal Studies Abstract The leading theory about urban land use regulation argues that city zoning officials are full partners in the business and real estate elite’s “growth…
Why is Manhattan So Expensive? Regulation and the Rise in Housing Prices
Published: 2005 | Raven Saks, Joseph Gyourko, and Edward Glaeser | The Journal of Law and Economics Abstract In Manhattan, housing prices have soared since the 1990s. Although rising incomes, lower interest rates, and other factors can explain the demand…
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