Supply Constraints Do Not Explain House Price and Quantity Growth Across US Cities

Challenges supply-constraint assumptions using citywide evidence linking income growth to housing prices and quantities.

Zoning & land useNone / empiricalintermediatecity level datahouse price growthhousing quantity growthhousing supply elasticityincome growthlocal regulations

Recommended by

• Hoover Institution · 2025-09-26

Related

• The Political Economy of Palestine (with Hussein Aboubakr Mansour) — Hoover Institution
• Can a Phone Be a Cow? with Philip Auerswald — Hoover Institution
• Ask the Expert: David Henderson — Hoover Institution
• The Fed’s New Communications Regime with San Francisco Fed President Mary Daly — Hoover Institution
• Taxing Billionaires, 9/11, and the Lessons We Forgot — Hoover Institution
• Fintechs, Stablecoins, and Competition with Harvard's Wenxin Du — Hoover Institution