Another interesting paper. Close election RD study examining what happens when a real estate developer gets elected to a city council in CA. About 5% more housing gets built!
Most important mechanism is through bringing rezoning proposals to the council, reducing regulatory burden on construction. Affordable housing (projects funded by the Low-Income Housing Tax Credit) are also more likely to go up. 2/
More evidence the affordable housing folk need to be less reflexively opposed to real estate developers!
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