Why don't we know more about housing supply?

D DiPasquale - The Journal of Real Estate Finance and Economics, 1999 - Springer
This paper reviews the main themes in the empirical literature on housing supply and
outlines suggestions for future research. Much of the literature has focused on the …

Land-use planning and the housing market: A comparative review of the UK and the USA

M White, P Allmendinger - Urban Studies, 2003 - journals.sagepub.com
This paper provides a review of some of the key articles and research examining the
relationship between planning regulation and its impact on the housing market in the UK …

Regulation and housing supply

J Gyourko, R Molloy - Handbook of regional and urban economics, 2015 - Elsevier
A wide array of local government regulations influences the amount, location, and shape of
residential development. In this chapter, we review the literature on the causes and effects of …

What drives house price cycles? International experience and policy issues

JV Duca, J Muellbauer, A Murphy - Journal of Economic Literature, 2021 - aeaweb.org
The role of real estate during the global financial and economic crisis has prompted efforts to
better incorporate housing and financial channels into macro models, improve housing …

The price responsiveness of housing supply in OECD countries

A Caldera, Å Johansson - Journal of Housing Economics, 2013 - Elsevier
The responsiveness of housing supply to changes in prices bears important implications for
the evolution of housing prices and the speed of adjustment of housing markets. Based on a …

A simple error correction model of house prices

S Malpezzi - Journal of housing economics, 1999 - Elsevier
Why does evidence to date suggest that the market for stocks and bonds is fairly efficient, but
the market for housing may not be? One way to think about explaining how well the market …

Metropolitan-specific estimates of the price elasticity of supply of housing, and their sources

RK Green, S Malpezzi, SK Mayo - American Economic Review, 2005 - pubs.aeaweb.org
Many reviews of housing economics (and most of the papers on the subject) have noted
that, relative to many other aspects of market behavior, housing supply is understudied …

Housing markets and the financial crisis of 2007–2009: lessons for the future

JV Duca, J Muellbauer, A Murphy - Journal of financial stability, 2010 - Elsevier
An unsustainable weakening of credit standards induced a US mortgage lending and
housing bubble, whose consumption impact was amplified by innovations altering the …

The role of speculation in real estate cycles

S Malpezzi, S Wachter - Journal of Real Estate Literature, 2005 - Taylor & Francis
This paper develops and simulates a model to examine whether land speculation is
primarily a cause of, or a symptom of, property cycles. The model suggests that the volatility …

Housing affordability: A framing, synthesis of research and policy, and future directions

G Galster, KO Lee - International Journal of Urban Sciences, 2021 - Taylor & Francis
We synthesize the vast, international scholarly literature related to the growing problem of
housing affordability. As a foundation for assessing both the causes of housing affordability …