Supply and Demand

Close-up of multicolored gas station pumps

OPEC Plus Decision to Reduce Oil Output Could Lead to Global Recession

A decision earlier this month by a group of the world's largest oil exporters to drastically reduce oil production to stem the decline in oil prices could be a ‘tipping point’ for a global recession, says the International Energy Agency.

October 19, 2022 - The Hill

A crowd of people cross the street with a sign for the entrance of Disneyland in the background

Disneyland Is Too Crowded. Is More Capacity Needed?

Disneyland has a plan to create more supply to meet contemporary demand, a strategy reminiscent of contemporary debates surrounding housing and transportation.

September 29, 2022 - James Brasuell

Gas Pumps

Is $7 a Gallon for Gas on the Horizon?

Global oil prices may skyrocket when the European Union, which receives about one third of its oil from Russia, enacts a partial ban on importing Russian oil at the end of the year to stop financing Russia's war in Ukraine.

July 28, 2022 - The New York Times

Housing Construction

U.S. Faces Historic Housing Shortages, With Roots in the Recession and Local Zoning Restrictions

The long-term effects of the Great Recession were timed very poorly for millions of Millennials aging into homebuying years. The pandemic and the traditional zoning preferences of communities aren't doing first-time homebuyers any favors.

April 4, 2022 - NPR

Pumping Gas

Time for a Federal Gas Tax Holiday?

Senate Democrats introduced legislation to lower gas prices by suspending the federal gas tax through the end of the year. General funds would be directed to the Highway Trust Fund to replace gas tax revenue.

February 15, 2022 - Fox Business

The Colorado River is flooded with brown water with the skyline of Austin, Texas in the background.

Rising Rental Costs in Texas Prompt Rent Control Discussion

Rent control is a political non-starter in the Lone Star State, but as rental prices continue to increase dramatically, advocates are looking for solutions.

February 6, 2022 - Texas Tribune

Texas Apartment Construction

What the Microchip Shortage Reveals About Housing

The microchip shortage facing the automotive industry illustrates the significant impact that supply has on the cost of durable goods.

January 26, 2022 - Slowboring.com

pallets of green oil barrels stacked

Biden Orders Release from Strategic Petroleum Reserve: What's the Emergency?

The purpose of the Strategic Petroleum Reserve is to maintain oil flow to refineries during national emergencies when oil supplies are disrupted. What national emergency prompted President Biden to order the release of 50 million barrels?

November 29, 2021 - CNBC

Home For Sale Signs

How Do We Calculate Demand for Housing?

Actual demand for a place's housing might exceed increases in the number of residents or households.

October 4, 2021 - Michael Lewyn

Single-Family Housing Construction

Watch: The Laws and Policies Driving Up the Cost of Housing

A Vox explainer video tackles the rising cost of housing in the United States.

August 31, 2021 - Vox via YouTube

Texas Apartment Construction

Apartment Construction Ramps Up to Meet New Demand

It's unclear if or when the supply of entry level rental housing options will catch up with the demand, but some cities are building quickly.

August 26, 2021 - RentCafé

House

Are We in a Housing Bubble?

As the pandemic shifts housing priorities and costs continue to soar, experts assess the potential for a crash similar to 2008's Great Recession.

June 16, 2021 - Vox

Construction Industry

Lumber Prices Spike; Housing Prices Follow

The cost of lumber has more than doubled in the past year, according to industry sources, adding more than $24,000 to the cost of a new home.

May 4, 2021 - The Atlantic

Masks and Home Sales

Checking in With the Wild Pandemic-Era Housing Market

Bidding wars, TikToks, and disparate impacts—every day there's more evidence that the pandemic has only worsened the nation's housing affordability crisis.

April 27, 2021 - Slate

COVID-19 Vaccinations

The Pandemic's Next Phase in the U.S.: When Vaccine Supply Exceeds Demand

The 'light at the end of the tunnel' has become brighter after the vaccination rate tripled since President Biden took office. According to an analysis, a vaccination enthusiasm tipping point will be reached in 2-4 weeks that could dim the light.

April 22, 2021 - Kaiser Family Foundation

New York City Air Conditioners

Market Segmentation in New York

Rents have been declining more slowly in the outer boroughs than in Manhattan. Does this mean that what happens in Manhattan has no effect on the rest of the city?

April 13, 2021 - Michael Lewyn

Manhattan Retail

New Research on the Effects of Market-Rate Development and Upzoning

A glut of new housing and development research has been published recently, shedding new light on some of the most fundamental questions of contemporary planning.

February 19, 2021 - UCLA Lewis Center for Regional Policy Studies

Polar Vortex

California-Style Rolling Blackouts Come to Texas

As bad as the power outages are in Texas, they would be much worse if the independent energy grid operator hadn't initiated rolling blackouts. In an extensive interview with CBS Austin, Bill Magness, the head of ERCOT, explains what went wrong.

February 18, 2021 - CBS Austin

Social Distancing

Left-NIMBYism and COVID-19

The events of the past year shows that the law of supply and demand applies to urban housing, and that gentrification can, in fact, be subdued.

February 8, 2021 - Michael Lewyn

Denver

Double-Digit Housing Price Increases Tied to Supply Imbalance in Denver

Expensive homes dominated the metro Denver real estate market in 2020.

February 7, 2021 - The Denver Post

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