This paper uses the U.S. Federal Courts to study the impact of government power of eminent domain on growth and inequality. Since the 1950s, Republican judges with prior experience advocating [...]
This paper analyzes a model in which housing tenure choice serves as a means of screening households with different utilization rates. If the proportion of low-utilization types is small, there [...]
Home ownership near the workplace has become unattainable for many working Americans. Despite the overall increase in national home-ownership rates, according to the Urban Land Institute, "[a] rapid population rise [...]
It has frequently been emphasized by courts and commentators that the power to award variances should be exercised sparingly and that a variance should be awarded only if it will [...]
Across the diverse landscape of land use matters, few regulatory issues and approval processes elicit as much emotion and opposition as planning and zoning decisions relating to housing for persons [...]
In the postwar era, developed economies have experienced two substantial trends in the net capital share of aggregate income: a rise during the last several decades, which is well known, [...]
In 1980, housing prices in the main US cities rose with distance to the city center. By 2010, that relationship had reversed. We propose that this development can be traced [...]
We test the theoretical prediction that house prices respond more strongly to changes in local earnings in places with tight supply constraints using a unique panel dataset of 353 Local [...]
Piketty documents how the share of aggregate income going to capital in the United States has risen in the post-war era. Rognlie has since shown that this is largely due [...]
Gentrification has provoked considerable controversy surrounding its effects on residential displacement. Using a unique individual-level, longitudinal data set, this study examines mobility rates and residential destinations of residents in gentrifying [...]