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June 10, 2025
America’s Housing Supply Problem: The Closing of the Suburban Frontier?
Housing prices across much of America have hit historic highs, while less housing is being built. If the U.S. housing stock had expanded at the same rate from 2000-2020 as…
March 13, 2025
Housing Roadblocks: Paving a New Way to Address Affordability
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…
December 2, 2024
Why Has Construction Productivity Stagnated? The Role of Land-Use Regulation
Abstract We document a Kuznets curve for construction productivity in 20th-century America. Homes built per construction worker remained stagnant between 1900 and 1940, boomed after World War II, and then…
November 5, 2024
Harvard Professor Edward Glaeser on the U.S. Housing Crisis
Why are U.S. housing prices so high? Edward L. Glaeser, the Fred and Eleanor Glimp Professor of Economics at Harvard University, is an expert in housing and urban economics. His…
September 2, 2024
This Is How to Fix the Housing Crisis
Vice President Kamala Harris correctly identified one of America’s biggest problems when she said that “there’s a serious housing shortage.” America’s affordable-housing crisis exacerbates wealth inequities, leads low-income parents to…
February 22, 2024
The Workforce/Middle-Income Housing Tax Credit
…Corinth and Edward J. Pinto and the Cato Institute’s Chris Edwards discussed the LIHTC’s limitations; it has historically created a small amount of costly, poorly targeted housing units. The system…
January 2, 2024
Billionaire-Built Cities Would Be Better Than Nothing
…there is one of the best things that America could be doing to counter global warming. One of us, Professor Glaeser, and a University of Southern California environmental economist, Matthew…