We have no studies of the key mechanism driving the housing crisis
Evan Mast and Liang & Kindström have papers showing the housing markets are connected by examining the effects of adding new supply, which seems more policy relevant.
Yup, that's the opposite direction: increase high-end supply, reduce low-end prices.
https://www.buildingabundance.ca/p/vacancy-chains
Evan Mast and Liang & Kindström have papers showing the housing markets are connected by examining the effects of adding new supply, which seems more policy relevant.
Yup, that's the opposite direction: increase high-end supply, reduce low-end prices.
https://www.buildingabundance.ca/p/vacancy-chains