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May 27, 2025
Against the odds—and conventional wisdom—the nation’s largest home builders have engineered a dramatic shift toward serving first-time homebuyers (FTBs). New data from the AEI Housing Center show that in 2024,…
May 10, 2025
It was another local tragedy attracting passing notice before being overtaken for our attention by the latest stray bullet homicides and subway assaults. But those concerned with “affordable housing” have…
May 7, 2025
Musical chairs is one of the first games we play as children. The rules are simple: there are fewer chairs than players. When the music stops, someone ends up standing….
April 19, 2025
Abstract Data from the Department of Housing and Urban Development (HUD) indicate an unprecedented 43 percent increase in the number of people residing in homeless shelters in the United States…
March 28, 2025
The imposing brick blocks covering much of the territory from West 16th to 27th Streets, between Ninth and Tenth Avenues in Manhattan’s Chelsea neighborhood, superficially have much in common with…
March 24, 2025
A well-designed property tax abatement program can dramatically shift project economics by temporarily reducing tax burdens, making new housing development financially viable—without requiring government subsidies. Philadelphia’s 10-year tax abatement is…
March 20, 2025
Across the Western US, rising home prices are slowing economic growth and stripping first-time homebuyers and middle-class families of homeownership opportunities. Commonsense, market-driven solutions to expand the housing supply are…
March 18, 2025
Abstract We provide an in-depth case study of land use reforms in Seattle to highlight how redevelopment of aging single-family housing to townhomes can lead to a significant increase in…
March 17, 2025
We are in a time when what would have seemed to be unimaginable domestic policy changes — from the abolition of the Department of Education to cutoffs of federal support for universities — are on the table. The Department…
March 13, 2025
Thank you, Chairman Scott and ranking member Warren. Thank you, committee members. I am grateful and honored to have the opportunity to speak to you today. I am an economist…