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March 13, 2006
Supply Side Economics Applied to Housing
article, but a view on housing price economics that few appreciate.
A few months ago, he traveled from his Harvard office to the Massachusetts State House, near Boston Common, to discuss with the leaders of the State Legislature a research project he had just completed on the local housing market. Between 1980 and 2000, four of the five cities in the U.S. with the fastest-growing housing prices were in Boston’s metropolitan area: Cambridge, Somerville, Newton and Boston itself. (Palo Alto had the second-fastest-rising prices over that time.) Glaeser and several colleagues considered two explanations.
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Posted on March 13, 2006 04:45 AM by House 78.
Filed in Mortgage Calculator under housing prices.
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