Urban Decline and Durable Housing

Manufacturing Decline, Housing Booms, and Non-Employment

We exploit cross-city variation in manufacturing decline and housing market changes during the 2000s, and jointly estimate their effects on non-employment. Both forces strongly affected nonemployment between 2000 and 2007, with the increase from manufacturing decline almost exactly offset by reductions attributable to housing. We show that this offsetting occurred both in the aggregate and at t...

Urban Growth and Housing Supply

Cities are physical structures, but the modern literature on urban economic development rarely acknowledges that fact. The elasticity of housing supply helps determine the extent to which increases in productivity will create bigger cities or just higher paid workers and more expensive homes. In this paper, we present a simple model that provides a framework for doing empirical work that integr...

The Business Cycles of Urban Housing Market (Case Study: Urban Housing Market of Isfahan, 1980-2014)

H ousing is a commodity with unique features and its market, especially in urban areas, is characterized by unique business cycles that differentiate it from other commodities. On one hand, housing market can be deeply influenced by economic shocks, and on the other hand, the sheer size of housing investments makes the economy particularly vulnerable to any shock in this market. Henc...

Selected Readings In Urban Policy Analysis URBAN HOUSING MARKETS AND HOUSING POLICY

Sustainable Urban Housing in China

As China is becoming more urbanized, about 3.5 million units of housing are built every year. It is very important to develop sustainable urban housing in China. A team of researchers and developers from the USA and China have worked together to develop several housing projects in Beijing, Shanghai, and Shenzhen. These designs are neither “hi-tech” solutions nor “super-advanced” technologies. I...