28min chapter

"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

Navigating the Complexities of Real Estate Development and Government Intervention

The chapter explores the intricate considerations real estate developers face, including predicting market conditions and using exit cap rates to determine project viability. It compares American and European developers' approaches to risk management and discusses the potential return to low-interest-rate eras and differing views on public housing construction. The conversation delves into government-led housing construction as a means to stabilize markets, create predictability, and promote economic equality.

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