A year ago, New York Times Magazine called Harvard economics Professor Edward Glaeser “the most exciting urban researcher in half a century.” Many of Glaeser’s research papers show that land-use regulation, not demand, is the primary cause of unaffordable housing.
This work has made Glaeser something of a hero in the antiplanning movement, and I’ve unsuccessfully tried to persuade him to speak at several of our conferences (although one of his co-authors, Bryce Adam Ward, gave an excellent presentation at the 2006 Preserving the Amercan Dream conference).
So it was with great disappointment that I read his latest paper latest paper, “Do Regional Economies Need Regional Coordination?” He argues that, since local government regulation is driving up housing prices, one solution is a regional government that could give local governments direction or incentives to provide affordable housing. Residents of Portland, Denver, and other cities with strong regional governments will find this bitterly amusing.
The East Coast was famous for the affordabilty of its post-war housing markets. Housing in the New York and Boston regions did not become unaffordable until the 1980s.