Kevin Erdmann

- Senior Affiliated Scholar
Kevin Erdmann is a senior affiliated scholar at the Mercatus Center at George Mason University. He is currently engaged in two book projects with Mercatus on housing finance, land use restrictions, and monetary policy. His first book, Shut Out (Rowman & Littlefield, 2019), offers a contrarian theory on the causes of the housing boom and bust. Reviews of Shut Out have appeared in the Economic Record, Regulation, and the Washington Examiner.
Erdmann’s work has appeared in the Wall Street Journal, the National Review, and Politico, and it has been featured on C-SPAN. Erdmann also blogs at Idiosyncratic Whisk, where he published many of his original discoveries about the housing boom and the financial crisis as he began to investigate them. Eventually that evidence accumulated to form a comprehensive new paradigm through which to view the economy and financial markets, and Erdmann now develops and communicates the lessons of this new framework for policymakers, investors, and firms.
Erdmann was a small business owner for 17 years. He holds a master’s degree in finance from the University of Arizona.
Latest Work
- | Urban Economics Urban Economics
- | Research Papers Research Papers
Home Price Trends Point to a Worsening Lack of Supply
- | Urban Economics Urban Economics
- | Radio Appearance Radio Appearance
Affordable Housing | KTAR Radio (Arizona)
- | Urban Economics Urban Economics
- | Expert Commentary Expert Commentary
‘Affordable’ Housing Only Makes Phoenix’s Affordability Crisis Worse | The Arizona Republic
- | Urban Economics Urban Economics
- | Radio Appearance Radio Appearance
How a Decline in Home Sales Also Trips up Retail | Marketplace Radio
- | Urban Economics Urban Economics
- | Expert Commentary Expert Commentary
Arizona Housing Affordability Reform Is About To Have Its Moment | Arizona Capitol Times
- | Urban Economics Urban Economics
- | TV Appearance TV Appearance
Hawaii’s Housing Shortage Explained | ThinkTech Hawaii
- | Urban Economics Urban Economics
- | Expert Commentary Expert Commentary
Your Neighborhood May Be Filled With Apartments One Day. And That’s Ok | The Arizona Republic
- | Urban Economics Urban Economics
- | Research Papers Research Papers
Reassessing the Role of Supply and Demand on Housing Bubble Prices
- | Urban Economics Urban Economics
- | State Testimonies State Testimonies
Regulations Are the Main Cause of Inadequate Housing Supply and Rising Rents in Texas
Latest Work
- | Urban Economics Urban Economics
- | Research Papers Research Papers
Home Price Trends Point to a Worsening Lack of Supply
- | Urban Economics Urban Economics
- | Radio Appearance Radio Appearance
Affordable Housing | KTAR Radio (Arizona)
- | Urban Economics Urban Economics
- | Expert Commentary Expert Commentary
‘Affordable’ Housing Only Makes Phoenix’s Affordability Crisis Worse | The Arizona Republic
- | Urban Economics Urban Economics
- | Radio Appearance Radio Appearance
How a Decline in Home Sales Also Trips up Retail | Marketplace Radio
- | Urban Economics Urban Economics
- | Expert Commentary Expert Commentary
Arizona Housing Affordability Reform Is About To Have Its Moment | Arizona Capitol Times
- | Urban Economics Urban Economics
- | TV Appearance TV Appearance
Hawaii’s Housing Shortage Explained | ThinkTech Hawaii
- | Urban Economics Urban Economics
- | Expert Commentary Expert Commentary
Your Neighborhood May Be Filled With Apartments One Day. And That’s Ok | The Arizona Republic
- | Urban Economics Urban Economics
- | Research Papers Research Papers
Reassessing the Role of Supply and Demand on Housing Bubble Prices
- | Urban Economics Urban Economics
- | State Testimonies State Testimonies
Regulations Are the Main Cause of Inadequate Housing Supply and Rising Rents in Texas
Latest Work
- | Urban Economics Urban Economics
- | Research Papers Research Papers
Home Price Trends Point to a Worsening Lack of Supply
- | Urban Economics Urban Economics
- | Research Papers Research Papers
Reassessing the Role of Supply and Demand on Housing Bubble Prices
- | Urban Economics Urban Economics
- | Research Papers Research Papers
Rising Home Prices Are Mostly from Rising Rents
- | Urban Economics Urban Economics
- | Books Books
Building from the Ground Up: Reclaiming the American Housing Boom

- | Financial Markets Financial Markets
- | Policy Briefs Policy Briefs
A Suggested Mortgage Amortization Structure: Fixed Amortization, Adjustable Principal
- | Urban Economics Urban Economics
- | Research Papers Research Papers
Build More Houses
- | Monetary Policy Monetary Policy
- | Research Papers Research Papers
Housing Policy, Monetary Policy, and the Great Recession
- | Financial Markets Financial Markets
- | Policy Briefs Policy Briefs
Get Cash to More Families That Need It Now: Give Banks More Discretion to Make Home Equity Loans and Refinance Mortgages
- | Monetary Policy Monetary Policy
- | Policy Briefs Policy Briefs
The Danger in Using Monetary Policy to Address Housing Affordability
Latest Work
- | Urban Economics Urban Economics
- | Expert Commentary Expert Commentary
‘Affordable’ Housing Only Makes Phoenix’s Affordability Crisis Worse | The Arizona Republic
- | Urban Economics Urban Economics
- | Expert Commentary Expert Commentary
Arizona Housing Affordability Reform Is About To Have Its Moment | Arizona Capitol Times
- | Urban Economics Urban Economics
- | Expert Commentary Expert Commentary
Your Neighborhood May Be Filled With Apartments One Day. And That’s Ok | The Arizona Republic
- | Expert Commentary Expert Commentary
Getting to the Heart of the Home Affordability Question | Newsweek
- | Expert Commentary Expert Commentary
The ‘Kicking Ourselves When We’re Down’ Century
- | Expert Commentary Expert Commentary
How the Fed Should Be Helping Housing
- | Expert Commentary Expert Commentary