‘Build More Housing’ Is No Match for Inequality
“A new paper by two leading economic geographers suggests this argument is simply too good to be true. Titled ‘Housing, Urban Growth and Inequalities’ and forthcoming in the journal Urban Studies, it’s written by Andrés Rodríguez-Pose of the London School of Economics (LSE) and Michael Storper, who divides his time among the LSE, UCLA, and Sciences Po in Paris. According to Storper and Rodríguez-Pose, the notion that an insufficient supply of housing is a main cause of urban economic problems is based on a number of faulty premises. They say the effect of supply has been blown far out of proportion.”