EJW Audio
Jason Sorens discusses his article [https://econjwatch.org/articles/for-housing-supply-deregulation-over-against-three-recent-papers] about three recent papers that might lend support to opponents of liberalization. One paper finds that housing supply has no long-run effect on local rents, while two others find that restricting housing supply might translate into amenities. Sorens argues that the evidence so far still supports the conclusion that supply-side zoning liberalization typically lowers local rents over meaningful time horizons without generating disamenities substantial enough to overcome the welfare benefits of liberalization.
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