"Econ 102" with Noah Smith and Erik Torenberg cover image

How We Build More Housing with Brad Hargreaves

"Econ 102" with Noah Smith and Erik Torenberg

CHAPTER

Housing Market Challenges: A Historical Perspective

This chapter examines the current issues in the housing market, particularly due to supply shortages and rising rents, while linking these challenges to post-2008 regulatory changes. It highlights the impact of interest rates on construction and lending, emphasizing the complications faced by small developers in securing loans amid a less competitive banking landscape.

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