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Storper on the Roots of Housing Inequality

Michael Storper, distinguished professor of regional and international development in urban planning, co-wrote a paper featured prominently in a CityLab article. Storper and co-author Andrés Rodríguez-Pose of the London School of Economics argue that, while insufficient housing is a part of the problem, the idea that it is the main cause of urban economic problems is based on faulty premises. They find that increasing the housing supply does not lower housing costs. Rather, they find lower-income service workers move out of the city and higher-income “knowledge workers” move in. They write that the affordable housing crisis is “due less to over-regulation of housing markets than to the underlying wage and income inequalities, and a sharp increase in the value of central locations within metro areas, as employment and amenities concentrate in these places.” Storper is also the director of Global Public Affairs at UCLA Luskin.


 

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