Journal Article

The Housing Supply Puzzle: Part 3, Price Gaps


Abstract: In Part 1 (\\"Divergent Markets\\") of this series, we argue that the recent divergence in housing supplies likely signals a decline in inventories of lower- and middle-tier homes nationwide. Part 2 (\\"Rental Demand\\") discusses the role that rental-market developments have played in exacerbating this shortage. In this third and final essay, we document another trend that might have contributed to the scarcity of lower- and middle-tier homes: the widening price gaps between different housing tiers.

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File(s): File format is text/html https://doi.org/10.20955/es.2018.11
Description: https://doi.org/10.20955/es.2018.11

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Bibliographic Information

Provider: Federal Reserve Bank of St. Louis

Part of Series: Economic Synopses

Publication Date: 2018

Issue: 11

Pages: 1-2