The Joe Walker Podcast

Bryan Caplan — The Economics of Housing Abundance

31 snips
May 13, 2024
Economist Bryan Caplan discusses housing deregulation, immigration's impact on affordability, contrasting academia with bloggers, productivity benefits of deregulation, urban development challenges, and legal implications of zoning regulations.
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INSIGHT

World's Wrongness

  • Bryan Caplan's central idea is that the world is wrong because humans are irrational.
  • They prioritize emotions over common sense, leading to flawed actions based on false beliefs.
INSIGHT

Deregulation Impact

  • Housing deregulation would significantly impact urban and suburban areas.
  • Skyscrapers would be easier to construct in cities, and multi-family housing in suburbs would increase.
INSIGHT

Measuring Zoning Impact

  • Glaeser and Gyourko measure the impact of zoning by comparing market prices with construction costs and land value.
  • The difference represents the "zoning tax" or regulatory burden.
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