Harvard Professor Edward Glaeser on the U.S. Housing Crisis

Why are U.S. housing prices so high? Edward L. Glaeser, the Fred and Eleanor Glimp Professor of Economics at Harvard University, is an expert in housing and urban economics. His work highlights the relationship between housing supply, urban growth, and economic prosperity, offering insights for policymakers to create more sustainable and equitable urban environments through improved housing strategies.

Glaeser also leads the Urban Economics Working Group at the National Bureau of Economic Research, co-leads the Cities Programme at the International Growth Centre, and co-edits the Journal of Urban Economics.

In this interview, Glaeser discusses the U.S. housing shortage and strategies to improve accessibility for first-time homebuyers.

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[fabulousglasswarden]

Thanks for shedding light on the real estate crunch. It's high time prices matched family budgets, even if it means a market correction.