Reading List: Difference between revisions

 

 

 

 

=== Peer-reviewed research  ===

 

*Been, Vicki, Ingrid Gould Ellen, and Katherine O’Regan. “[http://www.law.nyu.edu/sites/default/files/Been%20Ellen%20O'Regan%20supply_affordability_Oct%2026%20revision.pdf Supply Skepticism: Housing Supply and Affordability].” Draft, 26 Oct 2017.&nbsp;[http://www.law.nyu.edu/sites/default/files/Been%20Ellen%20O'Regan%20supply_affordability_Oct%2026%20revision.pdf http://www.law.nyu.edu/sites/default/files/Been%20Ellen%20O%27Regan%20supply_affordability_Oct%2026%20revision.pdf].<br/> &nbsp; &nbsp; &nbsp;"This paper is meant to bridge the divide between the arguments made by supply skeptics and what research has shown about housing supply and its effect on affordability. In the following section, we address each of the key arguments that increasing supply does not improve affordability. Many of the arguments are plausible, and we take them seriously, but we ultimately conclude, from both theory and empirical evidence, that adding new homes moderates price increases and therefore makes housing more affordable to low and moderate income families."<br/> &nbsp; &nbsp; &nbsp; &nbsp;"We analyze four of the most frequently voiced arguments below, drawing on both basic economic theory and empirical evidence.<br/> A. Housing is Bundled with Land, but Still is Ruled by the Laws of Supply and Demand<br/> B. Housing is Heterogeneous, but Adding Supply in One Market Will Affect Prices in Another<br/> C. Easing price pressure through additional supply may attract some demand–but not enough to completely offset the supply increase.<br/> D. Adding Supply May Raise Neighborhood Rents in Some Cases, But Neither Theory Nor Empirical Evidence Suggest that Will be The Norm.<br/> &nbsp;

*Chapple, Karen, John V. Thomas, Dena Belzer and Gerald Autler. "[http://dx.doi.org/10.1080/10511482.2004.9521505 Fueling the Fire: Information Technology and Housing Price Appreciation in the San Francisco Bay Area.]"&nbsp;<br/> Housing Policy Debate 15(2): 347-383. &nbsp;(2004)<br/> [http://dx.doi.org/10.1080/10511482.2004.9521505 http://dx.doi.org/10.1080/10511482.2004.9521505].<br/> &nbsp;

*Chetty, R., Hendren, N., & Katz, L.F. (2015). "[http://www.equality-ofopportunity.org/assets/documents/mto_paper.pdf The effects of exposure to better neighborhoods on children:<br/> New evidence from the Moving to Opportunity experiment]." Harvard University and National Bureau of<br/> Economic Research. Retrieved from: [http://www.equality-ofopportunity.org/assets/documents/mto_paper.pdf http://www.equality-ofopportunity.org/assets/documents/mto_paper.pdf].<br/> &nbsp;

*Diamond, Rebecca, Tim McQuade, & Franklin Qian. “[http://conference.nber.org/confer//2017/PEf17/Diamond_McQuade_Qian.pdf The Effects of Rent Control Expansion on Tenants, Landlords, and Inequality: Evidence from San Francisco.]” NBER working paper, October 11, 2017. [http://conference.nber.org/confer//2017/PEf17/Diamond_McQuade_Qian.pdf http://conference.nber.org/confer//2017/PEf17/Diamond_McQuade_Qian.pdf].<br/> &nbsp;

*Rosenthal, Stuart S. "[http://faculty.maxwell.syr.edu/rosenthal/recent%20papers/Is_Filtering_a_Viable_Source_of_Low-Income_Housing_%206_18_13.pdf Are Private Markets and Filtering a Viable Source of Low-Income Housing? Estimates from a 'Repeat Income' Model.]" ''American Economic Review'', Vol. 104, No. 2, Feb 2014 (pp. 687-706).&nbsp;<br/> DOI: 10.1257/aer.104.2.687. &nbsp;<br/> Preprint, June 2013: [http://faculty.maxwell.syr.edu/rosenthal/recent%20papers/Is_Filtering_a_Viable_Source_of_Low-Income_Housing_%206_18_13.pdf http://faculty.maxwell.syr.edu/rosenthal/recent%20papers/Is_Filtering_a_Viable_Source_of_Low-Income_Housing_%206_18_13.pdf].