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Why is Manhattan so Expensive? Regulation and the Rise in House Prices

Glaeser, Edward L.; Gyourko, Joseph E.; Saks, Raven E. - 2021

In Manhattan and elsewhere, housing prices have soared over the 1990s. Rising incomes, lower interest rates, and other factors can explain the demand side of this increase, but some sluggishness on the supply of apartment buildings also is needed to account for the high and rising prices. In a...

Persistent link: https://www.econbiz.de/10013244762

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Why is Manhattan so Expensive? Regulation and the Rise in House Prices

Glaeser, Edward L.; Gyourko, Joseph E.; Saks, Raven E. - 2012

Book / Working Paper

Why is Manhattan So Expensive? Regulation and the Rise in House Prices

Glaeser, Edward L. - 2003

Book / Working Paper

Urban Decline and Durable Housing

Glaeser, Edward L.; Gyourko, Joseph E. - 2021

People continue to live in many big American cities, because in those cities housing costs less than new construction. While cities may lose their productive edge, their houses remain and population falls only when housing depreciates. This paper presents a simple durable housing model of urban...

Persistent link: https://www.econbiz.de/10013221282

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Urban Decline and Durable Housing

Glaeser, Edward L.; Gyourko, Joseph E. - 2014

Book / Working Paper

Urban Decline and Durable Housing

Glaeser, Edward L. - 2001

Book / Working Paper

The economic implications of housing supply

Glaeser, Edward L.; Gyourko, Joseph E. - 2017

Persistent link: https://www.econbiz.de/10011742451

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The Economic Implications of Housing Supply

Glaeser, Edward L. - 2017

Book / Working Paper

Overview -- the Urban Imperative : Toward Shared Prosperity

Glaeser, Edward L. - 2017

Urbanization is undoubtedly a key driver of development -- cities provide the national platform for prosperity, job creation, and poverty reduction. But urbanization also poses enormous challenges that one is familiar with: congestion, air pollution, social divisions, crime, the breakdown of...

Persistent link: https://www.econbiz.de/10012973215

Arbitrage in Housing Markets

Glaeser, Edward L.; Gyourko, Joseph E. - 2015

Urban economists understand housing prices with a spatial equilibrium approach that assumes people must be indifferent across locations. Since the spatial no arbitrage condition is inherently imprecise, other economists have turned to different no arbitrage conditions, such as the prediction...

Persistent link: https://www.econbiz.de/10014221210

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Arbitrage in Housing Markets

Glaeser, Edward L. - 2015

Book / Working Paper

Arbitrage in Housing Markets

Glaeser, Edward L. - 2007

Book / Working Paper

Housing Bubbles

Glaeser, Edward L. - 2015

Housing markets experience substantial price volatility, short term price change momentum and mean reversion of prices over the long run. Together these features, particularly at their most extreme, produce the classic shape of an asset bubble. In this paper, we review the stylized facts of...

Persistent link: https://www.econbiz.de/10013032705

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Housing Bubbles

Glaeser, Edward L. - 2014

Book / Working Paper

Preserving History or Hindering Growth? The Heterogeneous Effects of Historic Districts on Local Housing Markets in New York City

Been, Vicki - 2014

Since Brooklyn Heights was designated as New York City's first landmarked neighborhood in 1965, the Landmarks Preservation Commission has designated 120 historic neighborhoods in the city. This paper develops a theory of heterogeneous impacts across neighborhoods and exploits variation in the...

Persistent link: https://www.econbiz.de/10013047784

Overview -- The Urban Imperative : Toward Shared Prosperity

Glaeser, Edward L.; Joshi-Ghani, Abha - 2014

Persistent link: https://www.econbiz.de/10012572678

Urban Growth and Housing Supply

Glaeser, Edward L. - 2014

Cities are physical structures, but the modern literature on urban economic development rarely acknowledges that fact. The elasticity of housing supply helps determine the extent to which increases in productivity will create bigger cities or just higher paid workers and more expensive homes. In...

Persistent link: https://www.econbiz.de/10012752616

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Urban Growth and Housing Supply

Glaeser, Edward L. - 2005

Book / Working Paper

Arbitrage in housing markets

2008

Persistent link: https://www.econbiz.de/10003712723