Re:Over Half of U.S. Young Adults Now Live with Their Parents
by jseliger on Monday November 30, 2020 @05:54PM
(#25260101)
The degree to which housing restrictions create costs that fall disproportionately on the young is also important: https://www.nber.org/papers/w21154
Using a spatial equilibrium model and data from 220 metropolitan areas we find that these constraints lowered aggregate US growth by more than 50% from 1964 to 2009.
Most of the "income inequality" discourse in the U.S. is really a gloss on what should be housing discourse.
Using a spatial equilibrium model and data from 220 metropolitan areas we find that these constraints lowered aggregate US growth by more than 50% from 1964 to 2009.
Most of the "income inequality" discourse in the U.S. is really a gloss on what should be housing discourse.