Tag: housing costs
Housing costs depriving U.S. economy of billions
Regulations on new housing — and the resulting shortfall in supply — are costing the U.S. economy billions each year. How? A new study, “Why Do Cities Matter? Local Growth and Aggregate Growth” by Chang-Tai Hsieh of the University of Chicago and Enrico Moretti of UC Berkeley, finds that income disparity in metro areas is […]