New York City is well-known for the special challenges itfaces in providing the largest urban population in theUnited States with quality affordable housing. The city’shousing problems are frequently the subject of intense debate.It is sometimes said that housing problems in New York Cityare...

[...]This paper reexamines the debate over the appropriate formof housing assistance. First, we briefly summarize and evaluate arguments in favor of demand-oriented housing subsidies(such as Section 8 vouchers) and supply-oriented housingsubsidies (such as production subsidies). We conclude...