Demand

Those of us who believe in the laws of economics keep trying to explain that land use regulation really does make development (especially infill development) more expensive.  A recent blog post by James Bacon includes a wonderful essay quantifying the impact of regulation in Austin, hardly one ... read more »

I've read numerous blog posts and articles asserting that gentrification or rich foreign investors increase housing costs by increasing demand.  But people who raise this argument aren't always sensitive to the role of supply in the law of supply and demand: for example, one  New York Time... read more »