Summary
Cities are dynamic centers of exchange, innovation, and economic growth and provide the platform where people, ideas, and capital come together.
Regulations that limit urban development reduce the potential for income mobility and rising standards of living over time. The proliferation of land-use regulations over the past decades has coincided with lower economic growth and the systemic problem of a housing affordability crisis. Land-use policy reform presents huge opportunities to reverse this stagnation.
Emily Hamilton
Research Fellow
Salim Furth
Senior Research Fellow
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What Are Homeownership Rates Telling Us?