prices

Blog post
March 28, 2017, 2pm PDT
Some commentators argue that even if cities allow housing supply to expand, more permissive zoning will cause land prices to increase, causing rents to rise rather than fall. This post disagrees.
Michael Lewyn
Blog post
May 24, 2016, 12pm PDT
One argument against new housing is that it creates demand for housing, thus increasing housing prices.
Michael Lewyn