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Estimating Housing Supply Elasticities for Manhattan
from 1870 to 2017
A team of professors and graduate students at Rutgers University – Newark gathered residential permit and residential building sales for a nearly a 150 year epoch – an unprecedented effort supported in part by a research grant from the Land Economics Foundation (LEF). In doing so they have discovered supply and pricing trends that will enable an increased understanding of housing affordability in major cities.
Jason Barr, PhD
Dr. Barr is a Professor at Rutgers University, Newark in the Department of Economics, and an affiliated faculty member with the Global Urban Systems Ph.D. program. His research interests include urban economics, and agent-based computational economics. Dr. Barr serves on the editorial boards of the Journal of Real Estate Finance and Economics, the Eastern Economic Journal, and the Journal of Economic Interaction and Coordination. He is the author of Building the Skyline: The Birth and Growth of Manhattan’s Skyscrapers (Oxford U. Press, 2016). He writes the Skynomics Blog, a blog about skyscrapers, cities, and economics.