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Papers on “housing affordability crisis supply policy”

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  1. Strategies to save energy in the context of the energy crisis: a review

    Mohamed Farghali, Ahmed I. Osman, Israa M. A. Mohamed, et al. · 2023 · Environmental Chemistry Letters · 679 cites

    New technologies, systems, societal organization and policies for energy saving are urgently needed in the context of accelerated climate change, the Ukraine conflict and the past coronavirus disease 2019 pandemic. For instance, concerns about market and policy responses that could lead to new lock-ins, such as investing in liquefied natural gas infrastructure and using all available fossil fuels to compensate for Russian gas supply cuts, may hinder decarbonization efforts. Here we review energy-saving solutions with a focus on the actual energy crisis, green alternatives to fossil fuel heating, energy saving in buildings and transportation, artificial intelligence for sustainable energy, an

  2. Housing Constraints and Spatial Misallocation

    Chang‐Tai Hsieh, Enrico Moretti · 2019 · American Economic Journal Macroeconomics · 654 cites

    We quantify the amount of spatial misallocation of labor across US cities and its aggregate costs. Misallocation arises because high productivity cities like New York and the San Francisco Bay Area have adopted stringent restrictions to new housing supply, effectively limiting the number of workers who have access to such high productivity. Using a spatial equilibrium model and data from 220 metropolitan areas we find that these constraints lowered aggregate US growth by 36 percent from 1964 to 2009. (JEL E23, J24, J31, R23, R31)

  3. The Variegated Financialization of Housing

    Manuel B. Aalbers · 2017 · International Journal of Urban and Regional Research · 497 cites

    Abstract There is a small but growing literature on the financialization of housing that demonstrates how housing is a central aspect of financialization. Despite the varied analyses of the financialization of housing and the importance of housing to financialization, the relations between housing and financialization remain under‐researched and under‐theorized. The financialization of housing is not really a specific form of financialization, transcending as it does a number of different forms of financialization. Housing systems, in particular, vary widely across the globe, which implies that housing financialization will be inherently variegated, path‐dependent and uneven. In this introdu

  4. Housing Enabling Markets to Work

    World Bank · 1993 · 433 cites

    No AccessStand Alone Books1 Feb 2013Housing Enabling Markets to WorkA World Bank Policy PaperAuthors/Editors: World BankWorld Bankhttps://doi.org/10.1596/0-8213-2434-9SectionsAboutPDF (1.2 MB) ToolsAdd to favoritesDownload CitationsTrack Citations ShareFacebookTwitterLinked In Abstract:This policy paper discusses the evolving role of the World Bank in the housing sector and provides a new agenda for housing policy and institutional reform in developing countries. It explains the rationale for a new housing policy statement, presents a conceptual and analytical framework for understanding the housing sector, and defines the broad characteristics of a well-functioning housing sector. The paper

  5. The Impact of Zoning on Housing Affordability

    Edward L. Glaeser, Joseph Gyourko · 2002 · National Bureau of Economic Research · 192 cites

    Does America face an affordable housing crisis and, if so, why?This paper argues that in much of America the price of housing is quite close to the marginal, physical costs of new construction.The price of housing is significantly higher than construction costs only in a limited number of areas, such as California and some eastern cities.In those areas, we argue that high prices have little to do with conventional models with a free market for land.Instead, our evidence suggests that zoning and other land use controls, play the dominant role in making housing expensive.

  6. Introduction: housing affordability and affordable housing

    Katrin B. Anacker · 2019 · International Journal of Housing Policy · 155 cites

    This introduction discusses select aspects of housing affordability in terms of household expenditures and household incomes and select aspects of affordable housing. It provides a contextual base for considering the relationship between housing and affordability issues across diverse examples and the national, state, and local cases discussed in the articles of this special issue. The final part of the introduction briefly introduces the papers that follow, before going on to consider some potential policy solutions.

  7. Housing Demand, Cost-of-Living Inequality, and the Affordability Crisis

    David Albouy, Gabriel Ehrlich, Yingyi Liu · 2016 · National Bureau of Economic Research · 131 cites

    Since 1970, housing's relative price, share of expenditure, and ``unaffordability'' have all grown. We estimate housing demand using a novel compensated framework over space and an uncompensated framework over time. Our specifications pass tests imposed by rationality and household mobility. Housing demand is income and price inelastic, and appears to fall with household size. We provide a numerical non-homothetic constant elasticity of substitution utility function for improved quantitative modeling. An ideal cost-of-living index demonstrates that the poor have been disproportionately impacted by rising relative rents, which have greatly amplified increases in real income inequality.

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