UCLA Housing Voice

Ep 119: Responding to Supply Skepticism with Vicki Been

11 snips
Jul 8, 2026
Vicki Been, law professor and former NYC Deputy Mayor for Housing, brings deep expertise in housing policy. She discusses research testing whether market-rate building helps affordability. Short takes cover rezonings and neighborhood amenities, vacancy-chain evidence, natural experiments, induced demand, and what causal studies still need to settle.
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INSIGHT

Paper Framed Skepticism To Spur Causal Research

  • The 2019 Supply Skepticism paper aimed to translate common public worries into research questions and spur causal, on-the-ground studies.
  • Vicki and coauthors framed skeptical claims precisely so researchers could design tests addressing endogeneity and perceptions.
INSIGHT

Core Skepticism Claims Laid Out Precisely

  • Common skeptical claims: new market-rate housing is 'luxury' and won't help locals, may induce richer in-migration, and uses scarce land that should be affordable.
  • The paper urged separating induced demand, filtering, and land-scarcity arguments for targeted empirical tests.
INSIGHT

Endogeneity Requires Natural Experiments

  • Early literature lacked causal studies because developers self-select where and when to build, creating endogeneity problems.
  • Kate Pennington's fire-rebuild natural experiment in San Francisco illustrated how random shocks can identify causal effects of new housing.
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