Title: Houston, You Have a Problem: How Large Cities Accommodate More Housing
Abstract: Download This Paper Open PDF in Browser Add Paper to My Library Share: Permalink Using these links will ensure access to this page indefinitely Copy URL Houston, You Have a Problem: How Large Cities Accommodate More Housing 40 Pages Posted: 18 Oct 2022 See all articles by Anthony W. OrlandoAnthony W. OrlandoCalifornia State Polytechnic University, Pomona - Finance, Real Estate and Law DepartmentChristian L. RedfearnUniversity of Southern California - Sol Price School of Public Policy Date Written: October 9, 2022 Abstract We document the spatial distribution of new net housing units in large and growing metropolitan areas from 1970 to 2010. While fundamental to both urban and housing economics, little is known about how housing supply evolves to accommodate growth as metropolitan areas expand and mature. We find that metropolitan areas with ample proximal greenfields add new housing differently than those whose periphery is no longer a substitute for more desirable locations in the core. Interestingly, we see patterns in "pro-growth" MSAs that echo those of "highly-regulated" MSAs, but lagged several decades. The empirical results point to falling elasticity as a function of growth, suggesting that rising prices are an inherent feature of large and growing metropolitan areas. This secular trend poses potential challenges to many urban housing policies aimed at enhancing affordability. Suggested Citation: Suggested Citation Orlando, Anthony W. and Redfearn, Christian L., Houston, You Have a Problem: How Large Cities Accommodate More Housing (October 9, 2022). Available at SSRN: https://ssrn.com/abstract=4242854 Anthony W. Orlando (Contact Author) California State Polytechnic University, Pomona - Finance, Real Estate and Law Department ( email ) United States Christian L. Redfearn University of Southern California - Sol Price School of Public Policy ( email ) Los Angeles, CA 90089-0626United States Download This Paper Open PDF in Browser Do you have a job opening that you would like to promote on SSRN? Place Job Opening Paper statistics Downloads 3 Abstract Views 8 PlumX Metrics Related eJournals Urban Economics & Regional Studies eJournal Follow Urban Economics & Regional Studies eJournal Subscribe to this fee journal for more curated articles on this topic FOLLOWERS 739 PAPERS 22,702 Econometric Modeling: Microeconometric Studies of Health, Education, & Housing Markets eJournal Follow Econometric Modeling: Microeconometric Studies of Health, Education, & Housing Markets eJournal Subscribe to this fee journal for more curated articles on this topic FOLLOWERS 617 PAPERS 6,816 Feedback Feedback to SSRN Feedback (required) Email (required) Submit If you need immediate assistance, call 877-SSRNHelp (877 777 6435) in the United States, or +1 212 448 2500 outside of the United States, 8:30AM to 6:00PM U.S. Eastern, Monday - Friday. Submit a Paper Section 508 Text Only Pages SSRN Quick Links SSRN Solutions Research Paper Series Conference Papers Partners in Publishing Jobs & Announcements Newsletter Sign Up SSRN Rankings Top Papers Top Authors Top Organizations About SSRN SSRN Objectives Network Directors Presidential Letter Announcements Contact us FAQs Copyright Terms and Conditions Privacy Policy We use cookies to help provide and enhance our service and tailor content. To learn more, visit Cookie Settings. This page was processed by aws-apollo-5dc in 0.203 seconds
Publication Year: 2022
Publication Date: 2022-01-01
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 3
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