Economics of Housing Supply: Concepts and Issues

In this episode, we dive into the nuanced economics of housing supply, challenging the common narrative that more new construction alone can solve housing affordability. Drawing on recent academic research, we explore why the existing housing stock plays a critical—yet often overlooked—role in the market. Learn how local factors, developer behavior, and development costs shape supply responsiveness, and why policy solutions must go beyond planning reforms to consider the complex dynamics of existing homes. A must-listen for anyone interested in housing policy, urban planning, or real estate economics.