H. Jacob Carlson
hjacobcarlson.bsky.social
H. Jacob Carlson
@hjacobcarlson.bsky.social
Assistant Professor at Kean University, Social Housing Development Authority, "Housing is a Social Good" (2026)-@UChicagoPress
https://www.hjacobcarlson.com/
The authors also zero in on a key example used to explain the “abundance” argument: comparing San Francisco and Houston. They argue that the price differences are not due to housing constraints, but likely due to changes in local incomes
March 18, 2025 at 6:20 PM
That’s not what we see. There’s no difference in the effects of housing constraints on supply. For prices, there’s a gap, which the authors discuss in detail, but there’s no difference in *elasticity* (slopes are the same).
March 18, 2025 at 6:20 PM
Others have argued that regulation reduces housing supply and drives up prices, hence why people are so focused on it.
March 18, 2025 at 6:20 PM
New NBER Working paper on the big housing question (and one at the core of the "Abundance" agenda): Are regulations making housing scarce and unaffordable?

Nope.
www.nber.org/papers/w33576
March 18, 2025 at 6:20 PM