New working paper and policy brief (with @basquith827 and Davin Reed): “Supply Shock Versus Demand Shock: The Local Effects of New Housing in Low-Income Areas”
WP: https://research.upjohn.org/cgi/viewcontent.cgi?article=1334&context=up_workingpapers …
Brief: https://research.upjohn.org/cgi/viewcontent.cgi?article=1018&context=up_policybriefs …
Key results below:
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8/ Some caveats. We study only big rental buildings in large, strong-market cities. We also are only able to consider 3-7 years after construction. Finally, our average results could disguise examples where a building did push an area over a tipping point and increase rents.
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I don't know if that strawman is dead enough. Better poke it some more.
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Čini se da učitavanje traje već neko vrijeme.
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