Housing conundrum: A shortage of demand or supply?

被引:0
作者
Oliner S.D. [1 ]
机构
[1] American Enterprise Institute,
[2] UCLA Ziman Center for Real Estate,undefined
关键词
Affordability; Housing; Land Value; Mortgages;
D O I
10.1057/s11369-016-0003-3
中图分类号
学科分类号
摘要
Rents and house prices are rising considerably faster than income. The combination of limited construction and substantial price increases is consistent with constrained supply. Supply is constrained, in large part, because it is not easy or cheap to build in the close-in areas where many people want to live. The only solution to this problem is to find a way to build more housing.
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页码:161 / 165
页数:4
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