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Alex Armlovich: New Framework for Analyzing Urban Housing Growth


A paper by Gilles Duranton and Diego Puga offers a new framework that builds on the widely cited findings of Chang-Tai Hsieh and Enrico Moretti for modeling local resistance to new housing growth, despite the fact that hindering development reduces real income. The authors estimate that if New York City, Los Angeles, and Chicago reduced their

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Posted: February 12, 2020 Wednesday 07:45 AM