Thursday , September 19 2019
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Homeowners’ cartel is raising prices

Summary:
In past posts, we have characterized housing supply restrictions as a homeowners cartel in that they benefit homeowners by limiting what their neighbors can do with their property. MarginalRevolution.com summarizes evidence that they are limiting expansion in supply which is increasing price at the national level.

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In past posts, we have characterized housing supply restrictions as a homeowners cartel in that they benefit homeowners by limiting what their neighbors can do with their property. MarginalRevolution.com summarizes evidence that they are limiting expansion in supply which is increasing price at the national level.

 Homeowners' cartel is raising prices

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