Solving the Housing Crisis: A Symposium
We have access to a set of proposals to take us out of the current unsatisfactory residential housing conundrum. Judge Glock, Edward Pinto, and Dan Shoag discuss this problem and outline a path toward housing affordability.
The supply and affordability of housing in America has become an issue in countless cities, regions, and states. Many attribute the soaring price of housing as a litmus test that shapes citizens’ perceptions and attitudes about the future direction of their country. If home ownership is not a realistic possibility during their working years, the American Dream is no longer possible. Yet, the reasons for the housing supply problem are not unknown. We can disagree on some reasons and how to rank them according to their contributions to our housing situation, but we have access to a set of proposals to take us out of the current unsatisfactory residential housing conundrum. The problem seemingly is a matter of will to change our current regulatory course and also overcome ideology in some instances, namely environmental protection and an insistence on a green future to the detriment of what consumers want and can afford.
We asked Judge Glock, Edward Pinto, and Dan Shoag to discuss this problem and outline a path toward housing affordability.
Economic Dynamism
The Causal Effect of News on Inflation Expectations
This paper studies the response of household inflation expectations to television news coverage of inflation.
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The Rise of Inflation Targeting
This paper discusses the interactions between politics and economic ideas leading to the adoption of inflation targeting in the United States.
Do We Still Really Need the Bureau of Labor Statistics?
It is time for the monthly story of the labor market to be told more clearly, and more reliably, through data from other sources.
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Creating Affordable Housing Requires Just One Simple Legislative Change
For nearly 50 years, federal, state, and local governments have tried to improve housing affordability without addressing the core issue of high construction costs.
Will California Reform Its Broken Housing Policies?
California's reforms could lead to a more diverse mix of housing developments, particularly in the middle and lower-price segments.
