City Observatory: Increasing the Housing Supply Helps Prevent Displacement

In his City Observatory blog this week, economist Joe Cortright examines the link between displacement and restrictions on housing supply. He uses neighborhoods in Oakland and Washington DC as case studies, charting how housing costs have changed over time in areas that have increased their housing supply compared with those that enacted NIMBY policies. He argues that if neighborhoods that fear displacement stop building housing, it will not stop new residents from showing up. Read more.