In sum, inelasticity of housing supply fuels inequality as workers can't move to places where they're most productive http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2081216 …
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Replying to @kimmaicutler
@kimmaicutler rent control laws have a similar misallocation effect: http://users.nber.org/~luttmer/rentcontrol.pdf …3 replies 0 retweets 0 likes
Replying to @ptraughber
@ptraughber rent control is an imperfect mechanism but it is politically infeasible to amend at large scale. The most reasonable solution
10:53 PM - 13 Jul 2015
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