Housing Crisis in California
California Management ReviewPublished 1 April 1982
Martin Gellen
Citations9
SJR quartileQ1
SJR score2.42
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Abstract
California's housing crisis represents the market's failure to respond to a dramatic, permanent increase in housing demand. This failure is largely due to public policies and institutional factors that limit the use of land, credit, infrastructure, and public services. The author examines the new demand and the impact of nonmarket constraints on mortgage credit, land-use policy, and public finance.
Keywords
Economics, Econometrics and Finance