Is housing unaffordable? Why isn't it more affordable?

Journal of Economic Perspectives

Volumn 18, Issue 1, 2004, Pages 191-214

  Quigley, John M ^a   Raphael, Steven ^a  

^a UNIVERSITY OF CALIFORNIA   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 7244228471     PISSN: 08953309     EISSN: None     Source Type: Journal    
DOI: 10.1257/089533004773563494     Document Type: Review

References (48)

1. Bradbury, Katherine and Anthony Downs, eds. 1982. Do Housing Allowances Work'? Washington, D.C.: Brookings Institution.
2. Burt, Martha. 1992. Over the Edge: The Growth of Homelessness During the 1980s. New York, N.Y.: Russell Sage Foundation.
3. Caplin, Andrew, Sewin Chan, Charles Freeman and Joseph Tracy. 1997. Housing Partnerships. Cambridge, Mass.: MIT Press.
4. Card, David. 1990. "The Impact of the Mariel Boatlift on the Miami Labor Market." Industrial and Labor Relations Review. 43:2, pp. 245-57.
5. DiPasquale, Denise and Edward L. Glaeser. 1999. "Incentives and Social Capital: Are Homeowners Better Citizens?"Journal of Urban Economics. 45:2, pp. 354-84.
6. Fischel, William A. 1985. The Economics of Zoning Laws: A Property Rights Approach to American Land Use Controls. Baltimore: John Hopkins University Press.
7. Fischel, William A. 1990. Do Growth Controls Matter? A Review of Empirical Evidence on the Effectiveness and Efficiency of Local Government Land Use Regulation. Cambridge, Mass.: Lincoln Institute of Land Policy.
8. Fischel, William A. 2001. The Homevoter Hypothesis: How Home Values Influence Local Government Taxation, School Finance, and Land-Use Policies. Cambridge, Mass.: Harvard University Press.
9. Freeman, Richard B. and Lawrence F. Katz. 1994. "Rising Wage Inequality: The United States vs. Other Advanced Countries," in Working Under Different Rules, R. B. Freeman, ed. New York, N.Y.: Russell Sage Foundation, pp. 29-36.
10. Friedman, Joseph and Daniel H. Weinberg, eds. 1983. The Great Housing Experiments. Beverly Hills, Calif.: Sage Publications.
11. Gates, Susan Wharton, Vanessa Gail Perry and Peter M. Zorn. 2002. "Automated Underwriting in Mortgage Lending: Good News for the Un-derserved?" Housing Policy Debate. 12:2, pp. 369-92.
12. Glaeser, Edward L. and Joseph Gyourko. 2002. "The Impact of Building Restrictions on Housing Affordability." Federal Reserve Bank of New York, Economic Policy Review. June, pp. 1-19.
13. Green, Richard K. 1999. "Land Use Regulation and the Price of Housing in a Suburban Wisconsin County," Journal of Housing Economics. 8:2, pp. 144-59.
14. Green, Richard K., Stephen Malpezzi and Stephen K. Mayo. 1999. "Metropolitan Specific Estimates of the Price Elasticity of Supply of Housing, and Their Sources." University of Wisconsin, Madison, Center for Urban Land Economics Research Working Paper.
15. Hanushek, Eric A. and John M. Quigley. 1982. "The Determinants of Housing Demand," in Research in Urban Economics, 2. J. V. Henderson, ed. Greenwich, Conn.: JAI Press, pp. 221-42.
16. Haurin, Donald R., Toby L. Parcel and R. Jean Haurin. 2002. "Does Homeownership Affect Child Outcomes?" Real Estate Economics. 30:4, pp. 635-66.
17. Hirad, Abdighani and Peter Zorn. 2002. "Pre-purchase Homeownership Counseling: A Little Knowledge is a Good Thing," in Low Income Homeownership: Washington, D.C.: Brookings Institute, chapter 5.
18. Jencks, Christopher. 1994. The Homeless. Cambridge, Mass.: Harvard University Press.
19. Levine, Ned. 1999. "The Effect of Local Growth Controls on Regional Housing Production and Population Redistribution in California." Urban Studies. 36:12, pp. 2047-068.
20. Levy, Frank and Richard J. Murnane. 1992. "U.S. Earnings Levels and Earnings Inequality: A Review of Recent Trends and Proposed Explanations." Journal of Economic Literature. 30:3, pp. 1333-381.
21. Maclennan, Duncan, John Muellbrauer and Mark Stephens. 1998. "Asymmetries in Housing and Financial Market Institutions and EMU." Oxford Review of Economic Policy. 14:3, pp. 54-80.
22. Malpezzi, Stephen. 1996. "Housing Prices, Externalities, and Regulation in U.S. Metropolitan Areas. "Journal of Housing Research. 7:2, pp. 209-41.
23. Malpezzi, Stephen and Richard K. Green. 1996. "What Has Happened to the Bottom of the U.S. Housing Market?" Urban Studies. 33:10, pp. 1807-820.
24. Malpezzi, Stephen and Stephen Mayo. 1987. "The Demand for Housing in Developing Countries: Empirical Estimates from Household Data." Economic, Development and Cultural Change. 35:4, pp. 687-721.
25. Mayer, Christopher J. and C. Tsuriel Somerville. 2000. "Land Use Regulation and New Construction." Regional Science and Urban Economics. 30:6, pp. 639-62.
26. Mayo, Stephen. 1981. "Theory and Estimation in the Economics of Housing Demand." Journal of Urban Economics. 10, pp. 95-116.
27. Mayo, Stephen and Stephen Sheppard. 1996. "Housing Supply Under Rapid Economic Growth and Varying Regulatory Stringency: An International Comparison." Journal of Housing Economics. 5:3, pp. 274-89.
28. Millennial Housing Commission. 2002. Meeting Our Nation's Housing Challenges: Report of the Bipartisan Millennial Housing Commission. Washington, D.C.: Government Printing Office.
29. O'Flaherty, Brendan. 1995. "An Economic Theory of Homelessness and Housing." Journal of Housing Economics. 4:1, pp. 13-49.
30. O'Flaherty, Brendan. 1996. Making Room: The Economics of Homelessness. Cambridge, Mass.: Harvard University Press.
31. Orr, James A. and Richard W. Peach. 1999. "Housing Outcomes: An Assessment of Long-Term Trends." Federal Reserve Bank of New York Economic Policy Review. September, pp. 51-61.
32. O'Sullivan, Arthur. 1996. Urban Economics, Third Edition. Chicago, Ill.: Irwin McGraw-Hill.
33. Pollakowski, Henry O. and Susan M. Wachter. 1990. "The Effects of Land-Use Constraints on Housing Prices." Land Economics. 66:3, pp. 315-24.
34. Quigley, John M. 1998. "The Taxation of Owner-Occupied Housing," in The Encyclopedia of Housing. W. Van Vliet, ed. Thousand Oaks, Calif.: Sage Publications, pp. 579-81.
35. Quigley, John M. 2000. "A Decent Home: Housing Policy in Perspective." Brookings-Wharton Papers on Urban Affairs. 1:1, pp. 53-100.
36. Quigley, John M., Steven Raphael and Eugene Smolensky. 2001. "Homeless in America, Homeless in California." Review of Economics and Statistics. 83:1, pp. 37-51.
37. Reed, Deborah, Melissa Glenn-Haber and Laura Mammeesh. 1996. The Distribution of Income in California. San Francisco, Calif: Public Policy Institute of California.
38. Reid, Margaret. 1962. Housing and Income. Chicago, Ill.: University of Chicago Press.
39. Rosen, Harvey S., Kenneth T. Rosen and Douglas Holtz-Eakin. 1984. "Housing Tenure, Uncertainty, and Taxation." Review of Economics and Statistics. 66:3, pp. 405-16.
40. Rossi, Peter H. 1989. Down and Out in America: The Origins of Homelessness. Chicago, Ill.: University of Chicago Press.
41. Saiz, Albert. 2003. "Room in the Kitchen for the Melting Pot: Immigration and Rental Prices." Review of Economics and Statistics. August, 85:3, pp. 502-21.
42. Schill, Michael H. 2001. Regulatory Barriers to Housing Development in the United States, Washington, D.C.: Millennial Housing Commission Consultant Products.
43. Susin, Scott. 2001. The Impact of the Mariel Boatlift on the Miami Housing Market. Washington, D.C.: U.S. Census Bureau.
44. Sweeney, James. 1974. "A Commodity Hierarchy Model of the Rental Housing Market." Journal of Urban Economics. 1:3, pp. 288-323.
45. Thorson, James A. 1996. "An Examination of the Monopoly Zoning Hypothesis." Land Economics. February, 72, pp. 43-55.
46. Thorson, James A. 1997. "The Effect of Zoning on Housing Construction. "Journal of Housing Economics, 6:1, pp. 81-91.
47. U.S. Department of Housing and Urban Development. 2000. Rental Housing Assistance - The Worsening Crisis: A Report to Congress on Worst Case Housing Needs, Washington, D.C.: Government Printing Office.
48. Voith, Richard. 1999. "Does the Federal Tax Treatment of Housing Affect the Pattern of Metropolitan Development?" Business Review, Federal Reserve Bank of Philadelphia. March/April, pp. 3-16.