Dom Sylvers
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domsylvers.bsky.social
Dom Sylvers
@domsylvers.bsky.social
21 followers 33 following 1 posts
PhD Candidate, UM School of Public Health, Health Behavior and Health Equity
@racismlab.bsky.social | @landscapeslab.bsky.social | @um-psc.bsky.social
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Reposted by Dom Sylvers
yonahfreemark.com
New NBER paper finds that income growth—not housing supply elasticity—is the best predictor of housing prices & quantity: "Our results imply that housing supply constraints are quantitatively unimportant in explaining rising housing costs." www.nber.org/system/files...

[Don't shoot the messenger.]
One would expect higher income growth to cause higher house price growth and lower house quantity growth in more constrained cities relative to less constrained cities. However, using four standard measures of housing supply constraints from the literature, we find that cities measured to have more restrictive housing supply show the same growth in house prices, quantities, population and rooms per person in response to higher income growth from 2000–2020 as cities that seem less constrained. This is true across all the measures of housing constraints, if we extend our sample to cover 1980 to 2020, and if we instrument for housing demand using the plausibly exogenous increase in housing demand from pandemic-era remote work.
March 17, 2025 at 4:18 PM
Reposted by Dom Sylvers
landscapeslab.bsky.social
I hope to contribute to a body of research that uses quantitative analysis of interesting data to carefully estimate pathways and relationships between place-specific histories and contemporary outcomes. - @rigbydavid.bsky.social our latest collab spotlight: landscapes.isr.umich.edu/2024/12/06/c...
David Rigby | Landscapes of Population Health
landscapes.isr.umich.edu
December 19, 2024 at 5:12 PM