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Housing costs depriving U.S. economy of billions

Housing costs depriving U.S. economy of billions

| May 13, 2015 | 0 Comments

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 […]

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