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The Other Side of Eight Mile: Suburban Population and Housing Supply
Author(s) -
Goodman Allen C.
Publication year - 2005
Publication title -
real estate economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.064
H-Index - 61
eISSN - 1540-6229
pISSN - 1080-8620
DOI - 10.1111/j.1540-6229.2005.00129.x
Subject(s) - mile , supply side , population , supply and demand , geography , linkage (software) , econometric analysis , economics , econometrics , demography , sociology , biochemistry , chemistry , geodesy , gene , microeconomics
This article establishes a linkage between decadal changes in suburban population and the supply of suburban dwelling units. It then estimates an econometric supply‐and‐demand model for 317 U.S. suburban areas for the 1970s, 1980s and 1990s using the State of the Cities database. Suburban supply is more elastic than central city supply, with suburban estimates between +1.26 and +1.42. However, separate estimates by geographic region lead to supply elasticities of +0.89 for the northeastern quadrant of the United States and +1.86 for the remainder of the United States.