Greg Howard

Greg Howard

Associate Professor
Department of Economics
University of Illinois Urbana-Champaign

glhoward@illinois.edu

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Miscellaneous

Reply to Jason Sorens on Housing Supply Deregulation
with Jack Liebersohn. Econ Journal Watch, 2025.
BibTeX 
@article{HowardLiebersohnSorensReply,
  author = {Howard, Greg and Liebersohn, Jack},
  title = {Reply to Jason Sorens on Housing Supply Deregulation},
  journal = {Econ Journal Watch},
  volume = {22},
  number = {2},
  pages = {253--257},
  year = {2025},
  url = {https://greghoward.org/papers/HowardLiebersohnSept2025.pdf}
}
Abstract

Jason Sorens (2025) argues that three recent papers (Howard and Liebersohn, 2021; Gyourko and McCulloch, 2024; Harris and Lin, 2024) could be read as arguing against the benefits of deregulating housing supply. We clarify that our paper (Howard and Liebersohn 2021) should not be interpreted as anti-deregulation, respond briefly to Sorens' critiques, and emphasize agreement on the importance of estimating the population elasticity to local rents.