If housing is the business cycle as some allege, then perhaps development restrictions are our biggest macro problem http://online.wsj.com/news/articles/SB10001424052702304255604579407641409159478?tesla=y …
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@ModeledBehavior not really a regulatory issue since the measure of "elasticity" looks at physical constraints
@M_C_Klein physical constraints sometimes used as a measure, but is that what this measure is? In either case, reg constraints vary & matter
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@ModeledBehavior I agree with you about differences in regulatory regime, but article used satellite data of hills and streams etc -
@M_C_Klein Do u have link to actual article and not just the map? - Show replies
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