Policies to Help Communities Recover: Housing Restrictions

6 Pages Posted: 31 Jul 2020

See all articles by Emily Hamilton

Emily Hamilton

George Mason University - Mercatus Center

Salim Furth

George Mason University - Mercatus Center

M. Nolan Gray

Independent

Date Written: June 24, 2020

Abstract

Over the past decade, housing supply restrictions across US cities have contributed to anemic housing construction and high prices in some of the most in-demand locations. In the best of times, these rules have burdened renters and homeowners with unaffordable housing costs. They have also reduced income mobility and economic growth. Today, restrictions on the amount and type of housing that localities permit are also contributing to the coronavirus’s public health crisis. This brief offers reforms to promote housing availability and affordability and to reduce the contribution of housing shortages to the spread of disease.

Keywords: housing policy, rental market, housing supply, coronavirus, coronavirus pandemic, COVID-19, public health, economics, quarantine, economy, economic crisis

JEL Classification: H70, R28, R00, O18, I00, I18

Suggested Citation

Hamilton, Emily and Furth, Salim and Gray, M. Nolan, Policies to Help Communities Recover: Housing Restrictions (June 24, 2020). Mercatus COVID-19 Response Policy Brief, Available at SSRN: https://ssrn.com/abstract=3664297 or http://dx.doi.org/10.2139/ssrn.3664297

Emily Hamilton (Contact Author)

George Mason University - Mercatus Center ( email )

3434 Washington Blvd., 4th Floor
Arlington, VA 22201
United States

Salim Furth

George Mason University - Mercatus Center ( email )

3434 Washington Blvd., 4th Floor
Arlington, VA 22201
United States

M. Nolan Gray

Independent ( email )

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