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How Short-Term Rentals Increase Homebuilding

Does the proliferation of short-term rental services like Airbnb reduce the supply of housing and increase displacement, or does it boost the overall housing supply? A new study by Bekkerman et al (2021) finds evidence of some marginal benefit: short-term…

Sprawl Costs the U.S. $1 Trillion Every Year

In a 2015 report for the Victoria Transport Policy Institute and London School of Economics, transportation scholar Todd Litman analyzed the total cost of suburban sprawl in the United States. The topline figure: $1 trillion per year. Key takeaways: “Sprawl…

700 Cities, One Warming Planet

What can city governments do to fight climate change? In an influential 2018 paper, renowned climate scientists Daniel Kammen, Chris Jones, and Stephen Wheeler analyzed the emissions reduction potential of 717 California cities and all 58 counties.  What they found:…

VIDEO: Why Housing Policy is Climate Policy

“The climate crisis is getting worse because of the housing crisis” California’s housing shortage and affordability crisis is increasing the pollution that causes climate change, exacerbating the risk of deadly and destructive wildfires while simultaneously forcing more Californians to live…

The White House Weighs In on Zoning Reform

In a new blog post by the Biden administration’s Council of Economic Advisors, CEA Chair Jared Bernstein and his team lay out the case for increasing housing supply, with a bold federal agenda for building on state and local-level zoning…

What’s the Value of “Value Capture”?

A new essay by UCLA’s Michael Manville delivers a strong critique of the method many cities use to extract fees and concessions in exchange for allowing new homes to be built. Known as “value capture,” these fees are sold as…

How Transit Makes Housing More Affordable

A new study by Matan Singer at the University of Michigan covering twenty-seven metropolitan regions shows how proximity to transit can reduce housing cost burdens for low-income households by reducing transportation costs. While public transit is substantially less expensive than…