Polynya t1_j29725z wrote
Reply to comment by ButtBlock in Massachusetts lost an estimated -0.1% of its population, or 7,716 people, from July 1, 2021, to July 1, 2022, and 0.7% (47,975) between April 1, 2020, and July 1, 2022 by bassistmuzikman
The paper “Housing Constraints and Spatial Misallocation” did quantify the effect of zoning restrictions and found that between 1964 & 2009 that it lowered US aggregate output by 36%. So our economy is would be about 50% bigger if not for housing.
ButtBlock t1_j297fjl wrote
Yikes surprising to me that a small rentier class is able to override such a huge economic incentive.
itsgreater9000 t1_j2azc8h wrote
the landed gentry have been developing techniques to hold onto their small but powerful position in society for centuries now
Viewing a single comment thread. View all comments