Albuquerque, Regulation and United States

The declining elasticity of US housing supply

BankUnderground

FEBRUARY 25, 2020

Bruno Albuquerque, Knut Are Aastveit and André Anundsen. We find that US housing supply has become less elastic since the crisis, with bigger declines in places where land-use regulation has tightened the most, and in areas that had larger price declines during the crisis. The 1996-2006 boom vs the 2012-2017 recovery.

US Policies Albuquerque Regulation

Monetary policy and US housing expansions: what can we expect for the post-COVID-19 housing recovery?

BankUnderground

JUNE 23, 2020

Bruno Albuquerque, Martin Iseringhausen and Frédéric Opitz. House prices in the United States had been increasing at a strong pace in the years before the pandemic shock struck. Bruno Albuquerque works in the Bank’s Macro-Financial Risks Division and Martin Iseringhausen and Frédéric Opitz work at Ghent University.

Policies

Policies US Albuquerque Data

Community Banking Brief

The declining elasticity of US housing supply

Monetary policy and US housing expansions: what can we expect for the post-COVID-19 housing recovery?

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