This paper uses unique panel data covering over two million repeat-sales housing transactions from four metropolitan areas to test for the presence of racial price differentials in the housing market. [...]
[C]ity officials must grapple with the arithmetic of squeezing more people into the limited space afforded by San Francisco’s 49 square miles. And it is the housing shortage that underlies [...]
About half of renters spend more than 30 percent of their income on rent, up from 18 percent a decade ago, according to newly released research by Harvard’s Joint Center [...]
Private homeowners associations (HOAs) levy binding fees and provide local services to members. Both should be capitalized into the value of member properties, but the net effect is ambiguous. We [...]
A wide array of local government regulations influences the amount, location, and shape of residential development. In this chapter, we review the literature on the causes and effects of this [...]
This report is the first part of an affordable housing needs assessment for the DC Office of the Deputy Mayor for Planning and Economic Development. We examined the District of [...]
Washington, DC, is a world-class, prospering city. But housing challenges are clouding its future and keeping some citizens from enjoying its new prosperity. The city’s population has grown dramatically over [...]
We study how growth of cities determines the growth of nations. Using a spatial equilibrium model and data on 220 US metropolitan areas from 1964 to 2009, we first estimate [...]
Economists sometimes assume that strictly regulated housing markets near mountains and oceans are expensive because they are costly places to build, not because they are nice places with productive firms [...]
The impact of land use patterns on travel behavior is well established in the scholarly literature. In particular, much research in the transportation-land use domain has measured the impact of [...]