BrujaJuera
@brujajuera
ID: 1223802128961024000
02-02-2020 02:56:00
3,3K Tweet
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Jon Brooks The housing problem isn't supply, it's allocation. We gave low rates for (small) investors to scoop up housing as an inflation hedge, second+ homes, or put them on Airbnb.
“Build, baby, build” meets inequality. As Julie Z. Weil notes in The Washington Post, supply alone may not fix #affordability. Our Urban Studies Journal paper warned why: #inequality, not #zoning, does the damage. WaPo: washingtonpost.com/business/2026/… doi.org/10.1177/004209… doi.org/10.31235/osf.i…
Important Federal Reserve Bank of San Francisco paper: What if supply constraints aren't driving housing price growth, and instead, increasingly wealthy people have bid up prices in certain metros? Construction has tracked well with population, but net income drives the divergence: frbsf.org/research-and-i…
Home builders are proposing new policies to the White House, looking for help to unload the biggest glut of housing inventory in 15 years wsj.com/economy/housin… via The Wall Street Journal Inventory glut??? But, but, but…the YIMBYs keep saying we have a housing shortage.