In housing policy, a common theory of how to provide the maximum number of affordable homes to the greatest number of people is known as “filtering:” the process through which aging homes depreciate, and become less costly as higher-income residents…
Does demand lead supply? Gentrifiers and developers in the sequence of gentrification
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…
Planning for the Future
Published: 2020 | Anthony Breach | Centre for Cities
Can More Housing Supply Solve the Affordability Crisis? Evidence from a Neighborhood Choice Model
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,…
Built-Out-Cities? How California Cities Restrict Housing Production Through Prohibition and Process
Published: 2020 | Paavo Monkkonen, Michael Lens, and Michael Manville | Terner Center for Housing Innovation Abstract Given high rents and prices in California, housing production is at a relative historic low. Scholarship has connected restrictive land use regulations to…
The rise and effects of homeowners associations
Published: 2019 | Wyatt Clarkea, Matthew Freedman | Urban Economics Abstract In the U.S., nearly 60% of recently built single-family houses, and 80% of houses in new subdivisions, are part of a homeowners association (HOA). We construct the first near-national…
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…
Measuring and mapping displacement: The problem of quantification in the battle against gentrification
Published: 2019 | Sue Easton, Loretta Lees, Phil Hubbard, Nicholas Tate | Urban Studies Abstract Debates concerning residential population displacement in the context of gentrification remain vociferous, but are hampered by a lack of empirical evidence of the extent of…
Inclusionary Zoning Hurts More Than It Helps
Published: 2019 | Emily Hamilton | Mercatus Institute Abstract Inclusionary zoning is popular among policymakers for two reasons. First, it appears “free.” It produces affordable housing units without an outlay of tax dollars. Second, it allows policymakers to appear as…