The Geographic Determinants of Housing Supply

@article{Saiz2010TheGD,
  title={The Geographic Determinants of Housing Supply},
  author={Albert Saiz},
  journal={Quarterly Journal of Economics},
  year={2010},
  volume={125},
  pages={1253-1296}
}
  • Albert Saiz
  • Published 2010
  • Economics
  • Quarterly Journal of Economics
I process satellite-generated data on terrain elevation and presence of water bodies to precisely estimate the amount of developable land in U.S. metropolitan areas. The data show that residential development is effectively curtailed by the presence of steep-sloped terrain. I also find that most areas in which housing supply is regarded as inelastic are severely land-constrained by their geography. Econometrically, supply elasticities can be well characterized as functions of both physical and… Expand
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